Dabbling in real estate as an investor is never a sure thing. If you are to invest in real estate these days though, it might be wise to just overlook the housing market for a bit and put your money into commercial real estate.
According to Forbes, the commercial real estate market is improving at a steady and decent rate with the office spaces showing the most significant growth both in terms of occupancy rates and rental increase. Industrial and retail spaces are also doing well, though not as well as office spaces. There is also reason for concern when it comes to retail space since retail spending, which is not increasing that much, could hamper the growth of the retail space market. I guess it’s safe to say that people are learning not to use their credit cards excessively these days. Still, compared to the housing market (e.g. apartments and condo-hotels), the commercial sector is still a relatively safer bet if you are to invest in real estate this year.
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