Marcus and Millichamp conduct an investor sentiment survey regularly. This one might encourage you, even though it does not break down the report by city or region. Their report is here: https://www.marcusmillichap.com/research/videos/new-investor-sentiment-survey-results-for-2h-2021 We do like to pass along news, especially when it is good news!
the overall ranking now (first week of August) is about the same as the first week in February and much higher than during the financial crisis of 2009. Fifty percent of respondents plan to increase their CRE holdings, and only 8% plan to reduce. Senior housing and hotels show the greatest rebound. The least are retail and office, but they are in positive territory, where they had been underwater this time last year.
Concerns include increasing interest rates, increasing capital gains taxes and elimination of the 2031 exchange. We have no news to date from the legislature on that. Cash flow tops appreciation as an interest. And Secondary and tertiary markets are in favor.
The best nest is that overall, the statistics on CRE sentiment top 2016, 2017, 2018 and even 2019. Wanted to let you know. Of course, Austin is exceptionally bullish. We would be happy to help you, anywhere in Texas, in the smaller markets or in the big burly ones. We have even around long enough to know a thing or two. Hopefully, we can save you some time and or grief.