We are releasing our second national survey of real estate investors. Our surveys share unique insights about the U.S. economy, housing market, and the impact of the COVID-19 pandemic.
- The current survey finds real estate investors believe the U.S. economy has quickly rebounded from the economy shutting down, but full economic recovery will be long and slow.
- Real estate investors believe the economic impact of COVID-19 will be less severe than the U.S. housing crisis in the markets where they invest. Real estate investors are more optimistic now than they were in April.
- The limited supply of real estate for sale has gotten a lot of attention. Survey respondents believe supply will increase over the next six months, especially distressed property sales to resolve mortgages in default.
- There is a lot of uncertainty about how COVID-19 has affected the ability to get financing. The cost of conventional loans is expected to get cheaper or not change. Business purpose financing to acquire and renovate properties or fund rental assets is expected to become more expensive.
- Residential real estate is considered a safer investment than commercial real estate, stocks, and bonds. Real estate investors are bullish about seniors housing and self storage properties.
Three quarters of respondents are full-time or part-time real estate investors. Many are small-business entrepreneurs who fix and flip properties, build new homes, and own and operate residential and commercial real estate.
The full survey report can be downloaded here, and the presentation slides are shown below.
Certain Lending surveyed 349 real estate investors online from September 22–28, 2020. Respondents represent all regions of the United States and provide a national sample of the views being reported.
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