By Phillippe Lord | Pro Builder
(Disclosure: Rose Law Group represents Meritage Homes.)
2019 was a great year for home builders. Home builder confidence hit a 20-year high, with homebuilding activity at a record-breaking 13-year high. The SPDR S&P Homebuilders ETF index rose by 28%, and buyer demand soared through even the traditionally slower holiday season. Plus, industry experts and media pundits alike were abuzz with forecasts of another banner year in 2020.
Then, out of left field, came March 2020. COVID-19 descended and it had an impact across every facet of our lives, and for far longer than anyone could have predicted, as it is still continuing to shape every decision.