COVID-19
The investment credo is “buy low and sell high.” The point is to do the opposite of what the flock are doing. Don’t buy into a trend – no, poke restaurants are not the next McDonald’s, they’re tomorrow’s ramen. It’s with this in mind that I read a Realtor.com story about COVID-19 buyers seeking out…
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By Phil Crone Executive Officer, Dallas Builders Association The rise in COVID-19 cases reminds us of two things: 1) the virus is still out there preying on human instinct and 2) that the health and economic challenges left in its wake are long from over. Some are calling it a “second wave” or a “resurgence.”…
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Two seemingly contradictory reports were issued last week on the state of the nation’s real estate market. Realtor.com trumpeted “What Recession? Luxury Housing Market is Back …” while ATTOM headlined “Home Affordability Increasing …” Reading about luxury’s return could be viewed as contradictory to increases in home affordability. One says wealthy checkbooks are open while…
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Remember in March when we all were told to go on ‘git inside because the COVID was coming, and we all bought yarn and bought sourdough starters from the back of minivans at Preston Center and had Very Grand Plans of living that Laura Ingalls Wilder life, complete with the not having any toilet paper?…
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By Terry Tremaine2020 MetroTex President These are unprecedented times. COVID-19 has disrupted lives with health concerns, financial struggles, and restrictions on activities. Amidst this uncertainty, real estate professionals, buyers, sellers, landlords, tenants, and investors are trying to figure out the best course forward. I recently listened to two industry experts give their views regarding the…
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