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2021 Interview of 429 Experts around the World on Covid-19
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Walter KlossCountry: USA
City: Middlebury
Position: Real estate appraiser
Organization: Self
On the whole, what was the percentage change in housing prices in your city during end 2019 to end 2020In your opinion, what will be the percentage change in housing prices in your city during end 2020 to end 2021
When will the property markets recover after Covid-19?
| Sector | Answer |
| Agricultural land |
|
| Urban land |
|
| Office |
|
| Shopping |
|
| Industrial properties |
|
| Hotels |
|
| Resort properties |
|
| Rental housing & rental apartments |
|
| Owner-occupied apartment or condominiums |
|
| Detached houses, rowhouses or low-rise residence |
|
| Residential land subdivision |
|
| Retirement living |
|
| Overall Assessment for your country |
|
What are ‘new normal’ in real estate in your opinion?
When the New York market exits CT residential property values will likely correct back to a local level. The apartment market will remain strong. Commercial market is dead as is development land. The industrial market is holding its own.
How should we adjust ourselves in real estate business?
Retire or get a government job.
Which sectors are you in? (multiple choices)
2021 Interview of 429 Experts around the World on Covid-19
