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Updated almost 5 years ago on . Most recent reply

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1
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1
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Maurice Nesbitt
  • Contractor
  • Charlotte, NC
1
Votes |
1
Posts

Will new home construction slow due to the Coronavirus?

Maurice Nesbitt
  • Contractor
  • Charlotte, NC
Posted

Residential new construction here in the Charlotte, NC area hasn’t seemed to slow down much despite the current coronavirus pandemic. I’m curious to see how long new residential construction can weather these rough times. More importantly will we see an over abundance of inventory? Will property values plummet due to COVID-19? Will foreclosures be the next wave of pandemonium?

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