Most Blogs we post discuss Statistics and the Cause and Affect around them.
Today I want to make some "Interesting Observations".
COVID-19 has caused us all to change in some Unique ways.
Especially how we, Live or Lives in Our Homes.
We have all spent a substantially lot more time in our Homes.
Many of us are now Working from Home.
Some have had to become Teachers and Home School children.
For those who would go out to eat regularly, they are now Chefs.
A lot of our extra Free Time is now spent Improving our Homes.
This has caused many people to Invest in their Homes.
Home Depot and Lowe's hit record high stock prices this week.
If I had to guess, Star Nursery is probably having a great year.
There has been a National transition from people living in Cities and apartments or flats,
to wanting to be in the Suburbs with more space, more rooms and yards.
Just imagine what it must be like to live in a New York City 700 s.f. Flat
and be told you have to stay there for 3 months or longer...
Despite Economic Uncertainty, people are still buying Homes.
Keeping home prices relatively stable. Why...?
Historically, this is the Busiest Time of Year in Real Estate.
Interest Rates are at a Record Low. Under 3%
Many people have had a lot more Free Time than ever to shop.
Despite people having cuts in Income, they are still spending money.
And, there have been fewer things we can spend our Discretionary Income on.
No Theaters to watch Movies.
Most Restaurants have been shut down.
No Sporting events to Attend or watch in a Bar.
Shopping Malls have been closed.
Traveling options have been limited.
The Casinos were Closed.
Many people are spending that extra Money on their Homes.
It will be interesting to see how the shut down will continue
to change our spending habits.
