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Truth be told, all industries have taken a massive hit because of COVID-19 pandemic, but real estate investors should not be panic because there are always opportunities. In fact, this should be a time to reflect and observe the new market trends:
1. Demand for online shopping has skyrocketed. -- they are now scrambling to build their presence online. Business owners will need more warehouse spaces.
2. Property values might be affected at this point but if you have rental properties, fluctuating property values shouldn't be a concern for you anytime soon, especially for long-term rentals.
3. Real estate investments are more stable than other forms of investments that are on the high-risk side like stocks.
Rick Manzano is a Licensed Real Estate Broker from RE/MAX Capital Alabang.