The construction industry—like many other sectors of the economy—is getting hammered by COVID-19. From delays in shipments of raw materials to appraisers who can’t do their job with homeowners sheltering in place, builders feel a lot of things are out of their control right now.
Dave Ramsey’s desire to eliminate all debt is a pretty attractive approach in difficult times, particularly for the peace of mind it can provide. If you are heavily leveraged, his principles can help float you through these next few months.
COVID-19 will surely impact real estate, as it has all areas of finance. However, real estate is inherently local. Some markets will get hit hard, while others will feel no pinch whatsoever. So, which markets will see drops in home prices? ATTOM Data Solutions is out with a new report.
Buying a home can be tricky under normal circumstances—and especially so during the current pandemic. If you’re under contract for a house and not sure what to do, consider going back to the basic rules of real estate to figure out the best way to proceed.
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