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2 September 2020 | 7 replies
I think a lot will depend on how widespread working from home becomes and what effect on the surrounding areas it will have if the commercial district of the city doesn’t bounce back.
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18 July 2020 | 17 replies
We see on bigger pockets daily many people talking about how they're sitting on the sidelines with a pile of cash waiting for a crash so they can get a great deal, seller agents know this so they will be trying to get their clients as much as possible to get a bigger commission. then there's the fact that there will be competing buyers unlike the last crash when we had many options for properties, and the sellers were begging for buyers to show-up.From what I've seen is most major metropolitan areas, Los Angeles, New York, Seattle, Miami, Washington, DC. etc. all have implemented policies to prevent widespread evictions of tenants far beyond what the banks are noting as the deadline for no foreclosures, to make sure they don't get devastated like last time, so it's back on the small to mid-level operators as to how much damage will be done.I'm not an Economist so this is just my own opinion, and expectations.
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6 April 2020 | 3 replies
And if that is true, there will be widespread deleveraging just like in 2008-2010.
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9 April 2020 | 10 replies
I don't expect to see widespread foreclosures like the last downturn.
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26 April 2020 | 6 replies
When I saw the bungalow on auction, I ran the numbers through the BP BRRRR Calculator and I saw a wide spread.
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9 April 2020 | 4 replies
We haven't seen any wide spread price reductions in my market, but there is definitely less competition today than there was last month.
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28 April 2020 | 18 replies
Fewer high paying jobs and widespread unemployment will force people to downsize or to move to a province with better job prospects.I expect there to be significant price declines for most residential real estate across Canada in the next year.
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15 April 2020 | 12 replies
This opportunity will be very patchy, not widespread, and not for those with a weak stomach.
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21 July 2020 | 47 replies
Wide-spread anti-body testing and solid proof that people with the anti-bodies can't be re-infected.I could be wrong, but I live at the epicenter of a city that I firmly believe is about to be crushed by this crisis, no matter what the governor, mayor or president do.
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24 April 2020 | 8 replies
I am wondering if based on these new "wide spread" allegations if landlords need to make sure they aren't showing a property alone or going to a rental without an extra set of eyes to vouch for them?