Home prices are propped up by low interest rates, for now; Saving opportunities narrow in California; Personal bankruptcies set to rise
Learn the 25 economic factors that drive California’s real estate market.
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06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Home prices are propped up by low interest rates, for now; Saving opportunities narrow in California; Personal bankruptcies set to rise
Information on homebuyer sentiment is somewhat predictive of future home sales.
Nationally, 7% of mortgages were in forbearance in mid-April.
Lenders are walking a tightrope this spring.
This article is Part I in a series explaining the legal assistance offered to individuals impacted by the novel coronavirus (COVID-19), relating to real estate and the housing market.
California’s Buyer Purchasing Power Index (BPPI) was +8.9 in Q1 2020.
For the housing market, this domino effect of lower long-term yields translates to lower interest rates on FRM rates.
Buyers and sellers are in a “wait and see” period today — but how long will it last?
Negative yield spread forecasts 2020 recession; FRM rates hit record lows; Refinances to continue their rise