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2021 Interview of 429 Experts around the World on Covid-19
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Charles ThomasCountry: United States
City: Westminster
Position: Principal
Organization: InnoVista Realty
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?
More flexible remote working impacts office demand and surging building costs. Protracted demand of high rent such locals such as San Francisco and NYC.
How should we adjust ourselves in real estate business?
Work with clients to diversity real estate holdings to limit exposure and volatility. Look at other 2nd tier markets to find opportunitiess
Which sectors are you in? (multiple choices)
2021 Interview of 429 Experts around the World on Covid-19
