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Updated over 4 years ago,
Market Responses COVID-19
I've seen so many posts on this, but I want more insight.
I'm a new investor in Charlotte NC (and surrounding areas), and am wondering what you expect the market to do in the coming months.
I know a lot of this will change if there is any additional stimulus, or mortgage relief, etc. But as of now, what are the general consensus on where the market will go? I assume that cities more in line with tourism will be hit harder than others, but Charlotte doesn't fall into the tourism category.
At the end of the day I know that cash is king. Any advise for a new investor coming in right as this pandemic hit? Thanks!