Summer vacation plans are still on pause for millions of homeowners, which means lots of people are looking for ways to turn their outdoor spaces into dreamy warm weather escapes.
The population of California increased zero in 2019 driven by high housing costs and few new jobs. The real estate market is far from dead, but investors now have to be much more careful about exactly where they put their money and what kind of investment they make.
In 2021 there will be strong demand for more rentals, just when the supply has actually gone down. Unemployed renters will expand the lower end of the renter market but have financial difficulties. This produces more risk for investors in rental property.
More government spending will help the 10 million people who have not regained their job, but it can’t give them a new one.
“I want to save historic homes,” says Elizabeth Finkelstein, an historical preservationist and founder of the popular Instagram account, Cheap Old Houses, which currently has 1.2 million followers.
In the time of Covid, in 2020 and probably 2021 as well, it is important to look beyond the standard job growth and employment numbers to make a smart rental investment.
Looking at a few key stats will help determine which markets are best to invest in during COVID-19
Fulton East is a 12-story, 90,000-square-foot office and retail building slated to open late summer 2020. The newly constructed development is also among the first commercial buildings specifically designed for a post COVID-19 world.
Traditional ways of assessing real estate markets won’t work during the coronovirus, so how can you decide which markets are the best bets for investors in 2020?
Learn how to find the favored price range for rental investments in every zip code.