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Real estate is still a popular investment pick. Hereā€™s what you need to know about buying in a downturn | CNBC News
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Real estate is still a popular investment pick. Hereā€™s what you need to know about buying in a downturn | CNBC News

Buying a home is considered to be one of the biggest investments you can choose. Many are wondering what they should do if they were looking to buy a home during the coronavirus pandemic. ā€œIn most historic recessions, the property market has either remained largely resilient or was only impacted across certain real estate sectors,ā€ commented Dhruv Arora, CEO of digital wealth manager Syfe. While in-person views of a house and meeting with real estate agents can be difficult during this time, the investment will stay the same. Interest rates have also gone down, meaning that borrowing is cheaper, as well as refinancing your home.

Source: https://www.cnbc.com/2020/05/12/investing-advice-real-estate-investment-buying-a-home-in-a-downturn.html

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