Real Estate Values: In an Era of Pandemic Pandemonium

Since Covid-19 began, real estate experts have seen major changes in business and execution of contracts. At present, some cities and states have paused transactions for real estate . Apart from that, market prices are being monitored as there is a difference in views as to how real estate pricing will fare during the pandemic. Some are expecting a downturn, while others feel that there will be minimal effects on how commercial real estate is priced down the line. With that said, this is how Enriched Real Estate views the movement of real estate values in the era of the pandemic. How Real Estate Reacts to Major Financial Fallouts In the Covid-19 era, how can we understand “value” to make wise investment decisions both now and in the future? Will those decisions be based on the “old paradigm” or the new, unknown post Covid-19 paradigm? Following are material factors to consider: Real estate experts around the world are attempting to understand the impact Covid-19...