As a Denver area real estate investor, I have five active listings and one in San Francisco. Not the best time, but the prices are still holding at pre-covid levels with longer DOM. I’ll still do well on most of them, but it’s the current buying opportunities of distressed sellers, who need fast help, that will be strong long term investments...well, barring any further Biden proggy related damage. (Oh, who am I kidding? I’m screwed.)
In my area there are tons of commercial properties sitting vacant. A very large mall built in the early 70’s just sold at auction for a couple million. Most anchor stores have left and the majority of the Leases are now vacated.
At the same time many department stores have closed and are now being converted to storage units. Which are actually a very profitable business. Low overhead and low risk. With high potential.
What is your DOM abbreviation? Days on Market?