logo
logo
Sign in

Real Estate Market Trends For 2021: Is It Worth Investing This Year?

avatar
Abbotsford Houses
Real Estate Market Trends For 2021: Is It Worth Investing This Year?

Today we are going to talk about the main trends in the real estate market for 2021.

The real estate market has changed considerably with the new coronavirus pandemic and that is why it is such an important issue for people who want to invest in this market.

If you want to buy houses in Abbotsford BC and bet on a completely secure business, getting rid of all your doubts and fears, follow this article. First of all, it is essential that you know these trends in the 2021 real estate market.

Experts are optimistic

We believe that expectations for 2021 are positive, especially when it comes to investing and buying homes in Abbotsford BC. The reason is that the behavior of the population has changed and has a direct impact on the acquisition of property.

According to us, as the modality of home office work is on the rise and research indicates that it will continue like this for some time, today, the residence is not seen only as a resting place. Therefore, the demand for developments and houses with spaces that can be converted into offices has increased.

How will this market be reactivated even with the pandemic?

Research shows that the demand that was repressed momentarily at the beginning of the pandemic was resumed in a very short period of time, with a faster recovery than expected. This is because people began to yearn for more space at home, quality of life, among others, in addition to encouraging low-interest rates for financing.

When the economy stabilizes again, the tendency is for the real estate market to grow even more. There are economists who defend that the real estate market will open a new opportunity.

The economic factors that will stimulate the market in 2021

Unusual economic factors stimulated a strong positive reaction in the market, which occurred in May 2020, including the rise of COVID-19.

The drop in interest in financial investments was immediate. On the other hand, interest rates on loans have dropped significantly, encouraging demand for investment in the real estate market.

With financial investments in decline and with no growth prospects, the real estate market is a sure option for those who want to invest safely and profitably.

After all, this type of investment, in addition to institutional security, offers financial strength. Unlike countless other sectors of the economy that have sunk in this pandemic environment, the housing market has remained strong.

What are the expectations with the real estate market in 2021

Expectations are positive, especially when it comes to buying to live and invest. The forecast is that, in 2021, GDP will grow around 3.5% and inflation will be around 3%, another factor that stimulates the real estate market.

The trend is that more and more people are looking for properties with more space and comfort since the pandemic has revolutionized the concept of home. 

Where to invest in 2021: Land and landowners can have the best deals
Imagine that you own a large piece of land and somehow need to profit from that area. Some may even think about selling the land eventually, but it is not the most profitable option. There are other ways to make a lot more profit, such as exchanging the land with a land developer.

Deciding to make this exchange, the financial return is better, and you enter into a land exchange partnership with a developer with a reputation and reputation in the market.

In this exchange, you give up your land for the developer to do what he knows best: making the construction of a profitable business feasible. As an exchange, you receive units of lots that are worth much more than the sale of the land. So, you who gave the land to the partnership end up having a much greater profit with your land than if you sold it.

collect
0
avatar
Abbotsford Houses
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more