Posts made by author 'Wes Atiyeh'

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April
24

 

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April
22



Being Home is a blessing to some and a struggle for others.  During this time take a moment to review this blog for some valuable resources for business owners, restaurants, mortgage assistance, and most important family activities to keep you sane.  

Good EATS

RVAHub

Centers for Disease Control and Prevention and local health officials for guidance to inform our decisions. 
 

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April
20

There are two crises in this country right now: a health crisis that has forced everyone into their homes and a financial crisis caused by our inability to move around as we normally would. Over 20 million people in the U.S. became instantly unemployed when it was determined that the only way to defeat this horrific virus was to shut down businesses across the nation. One second a person was gainfully employed, a switch was turned, and then the room went dark on their livelihood.

The financial pain so many families are facing right now is deep.

How deep will the pain cut?

Major institutions are forecasting unemployment rates last seen during the Great Depression. Here are a few projections:

  • Goldman Sachs – 15%

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April
16

April
15

 

As COVID-19 progresses, the economic expansion is starting to unravel, bringing down home sales this year, according to new projections released Wednesday.

The Fannie Mae Economic and Strategic Research Group forecast 14.7 percent less sales this year, along with 9.3 percent fewer housing starts, as a result of the virus, its economic impact and social turmoil. Based on their projections, existing-home sales should sink to 4.54 million this year, down from 5.34 milli...

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