Baton Rouge real estate comes to post-pandemic life
While most real estate sectors are rebounding as expected, experts are trying to make sense of the inexplicable surge in residential activity.
Single family: Suddenly a seller’s market
The single family residential sector is seeing a surge in activity—and prices—as pent-up demand and low interest rates meet delays in new construction and tighter supply.
Multifamily: An uncertain future
The pandemic didn’t wreak the predicted havoc on multifamily, but apartment inventory far outstrips demand and there aren’t nearly enough new jobs on the horizon to absorb it.
Commercial: Office workplace disruption
Pandemic restrictions are ending but will enough workers return to stabilize what was already a soft office market?
Retail: Intact but not unscathed
The pandemic didn’t crush the retail market, but it did accelerate worrisome trends that were already underway—especially on the e-commerce front.
Industrial: Land of opportunity
There were challenges but the strength of the industrial real estate sector withstood them all and now faces a promising future.