With a new president in the White House, many people are wondering how a new administration will impact commercial real estate. While which political party is in power doesn’t necessarily shift real estate cycles, there are some ways that various legislation and regulatory decisions can impact the market as a whole.Right now the residential real estate market and the commercial real estate landscape are in very different places. Existing home sales in 2020 skyrocketed up to a number not seen since 2006. New home sales were similarly robust, up over 18% in 2020. However. commercial real estate went in the opposite direction. According to 2020 year-end data from Real Capital Analytics, U.S. sales volume fell 32%.
