Thursday, May 7, 2020

Sorry, But BRRRR Isn’t Dead: 9 Ways to Salvage This Strategy in an Economic Downturn

Here’s something key to keep in mind in times like these: A mindset shift can help us find meaning in the unique insanity of this pandemic. I invite you to change your mindset on how to deal with the current situation. This quarantine, as hard as it can be, is a privilege for those of us who are …

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.

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