Where are the best real estate investments right now?

"Where are the best real estate investments right now?" It's a question being asked the world over – for good reason! An unprecedented volume of cash has been stockpiling over the past few years in anticipation of a recession. Now, a flood of Government-fueled capital has infused that stockpile... and so it goes: The more capital there is, the more demand there is. The more demand, the higher the prices. Supply and demand is the unwavering market driver.  Change is a constant everywhere – Don't forget it! Because things are topsy-turvy right now (this is not the first or the last time they will be), it may seem like a uniquely opportune time to make a big move – but do not act in haste or without the same considerations you'd make in an ordinary world. Here's how to think about the best place for your next real estate investment: Identify and evaluate long-term trends, not the trends-du-jour. Hurricanes, fires, mudslides, tornadoes, and novel world-changing viruses come and go. Some events require more recovery time than others. Often the best buyer negotiations happen during and after these events, BUT! beware of 'bargain' properties that are only a bargain because tumultuous events have exposed their weaknesses. Look to where the "jobs-of-the-future" are going, and the areas that have the educational resources to fuel them. These areas are almost certain to have a growing economy too. Seek areas where the local government has a healthy balance between responsible governance and business-friendliness. Which areas have the infrastructure, plans and funding in place to allow growth?  Real estate is an hyper-localized entity. In some cities things vary from neighborhood to neighborhood, but in others they can vary from block to block! Invest in places that deliver on quality of life. Today more than ever people care about what an area can deliver in the happiness and well-being department. Life is short and we're all a little shook. If happiness is a recipe, the thing your immediate environment provides is the not-so-secret ingredients. Carry on & honor our heroes In the meantime, keep asking good questions.  Keep on social distancing.  Keep on showing empathy for the people around you.  Keep on finding little gifts in this trying time. Most importantly, don’t forget to honor those who lost their lives in service of our country this Memorial Day.  Maggie Visser Top 4% SF Agents DRE #: 01925742 415.793.3470 maggie.visser@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.