Real estate professionals are always sharing tips and tricks for running a successful real estate business. A Google search of “tips for landlords” delivers over 20 million results; that’s a lot of advice to sift through. However, not every suggestion is applicable to every landlord or property, as no real estate business is the same as the next.
As we prepared to close out 2020, I’m sure many of you reading this thought to yourselves, “Thank goodness, let’s get 2020 over with and move on!” I can’t say that I blame you. It’s understandable that everyone has a different perspective. People have been impacted differently, and perhaps still have feelings of unease surrounding the pandemic, the economy and most importantly family and loved ones.
Our Monthly Market update is a week late (oops!) but the good news is that the stats about December haven't changed since last Monday! The commercial real estate market as a whole isn't expected to rebound fully for a good long while, but there are sectors that have been surviving - even thriving - through the last 10 months!