Many investors are hitting the pause button, at least for the short-term, as the pandemic plays out. Market volatility and a general uncertainty are surely contributing factors to the decision, but in addition, it has become challenging to price deals in the current market and face-to-face interaction has come to a halt.
“No one knows what pricing is right now. How do value a home right now? How do you value a regional mall right now? There is a lot of skepticism in the market, and no one knows how to value anything,” David Shulman, senior economist at UCLA Anderson, tells GlobeSt.com.. . . more