COVID-19 may advance trends in commercial real estate

April 16, 2020

The coronavirus outbreak has quickly put the economy into turmoil. While many businesses are struggling to keep up with the drastic changes in the market, the commercial real estate industry may have some bright spots despite obvious uncertainties. The COVID-19 outbreak in the U.S. is expected to advance trends in commercial real estate that were established in the market before the global pandemic. Of course, the industry is facing some difficulties, but these are currently projected to only be short-term. In response to the coronavirus outbreak, the  NAIOP Research Foundation is suggesting an increase in demand for both industrial and office sectors.

 

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Home Analysts, LLC

Home Analysts, Inc. was formed in 1995 to provide a full range of residential inspection services for home Buyers, Sellers, Lenders, and Realtors in Southwest Lower Michigan. Our professional inspection services were born out of a passion for residential construction and good building practices. We generate a comprehensive computerized report of the property including color photos for additional clarity, which is available to our clients on completion of the inspection. Besides traditional inspections our team of experts provide new construction (draws) inspections, residential consulting, Pest inspections, Radon testing, and well & septic evaluations.

OTHER ARTICLES

TOP TECH TRENDS TRANSFORMING THE REAL ESTATE INDUSTRY

Article | February 11, 2020

Real estate mobile apps and agent websites are becoming more and more popular as a means of searching for the right property, so those who are professionally engaged in this field and planning to expand their business should, in the first place, understand the market and look out for the latest real estate mobile app tech trends. Such awareness will allow you to make informed decisions embarking thus on the journey of lasting business promotion and development.

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Why Company Culture Matters in Commercial Real Estate

Article | February 11, 2020

The pursuit of exceptional people in today’s competitive commercial real estate market is a challenging proposition. DFW has a wealth of talent who could work at any number of prestigious real estate firms. So, what sets one global commercial firm apart from the next? How do we attract and keep the best in the industry to better serve our clients?

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What’s the Best Type of Commercial Real Estate Property for Investors

Article | February 10, 2020

Thinking about investing in commercial real estate? It can certainly be a lucrative venture. For those unfamiliar, this type of property is generally defined as land or buildings that are intended to generate a profit in some way. More specifically, commercial real estate is divided into subcategories. There are four main types, including multifamily, office, industrial, and retail. Which type is correct for you? It really depends. Each comes with its own set of pros and cons.

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8 Ways to Vet a CPA for Your Real Estate Investing Business

Article | February 10, 2020

Even though it may sound like a simple undertaking, vetting a good certified public accountant for your real estate investing business takes a lot of research and effort. The best certified public accountant (CPA) advice for investors usually comes from one who either invests themselves in real estate (RE) or has many clients who do. These types of CPAs may also hold certified financial planning (CFP) certifications. Although most CPAs are knowledgeable about taxes in general and can sometimes assist investors in getting the most tax advantages for their real estate investments, CPAs who invest in RE themselves do have a great advantage in firsthand knowledge of investing.

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Spotlight

Home Analysts, LLC

Home Analysts, Inc. was formed in 1995 to provide a full range of residential inspection services for home Buyers, Sellers, Lenders, and Realtors in Southwest Lower Michigan. Our professional inspection services were born out of a passion for residential construction and good building practices. We generate a comprehensive computerized report of the property including color photos for additional clarity, which is available to our clients on completion of the inspection. Besides traditional inspections our team of experts provide new construction (draws) inspections, residential consulting, Pest inspections, Radon testing, and well & septic evaluations.

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