After a year of earth-shattering home prices increases, real estate professionals are wondering — what’s next in 2022?
Recession 2020
It’s official — the 2020 recession is over. So why isn’t the economy back to normal? firsttuesday sketches out the shape of the housing market beyond the pandemic.
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The 2020 recession was the shortest ever — but its effects continue in the housing market
Latest posts
2022’s rising rates slash homebuyer purchasing power
After years of stimulus injections and Federal Reserve (Fed) support, the government is taking off the training wheels in 2022.
Now spent, stimulus payments leave no lasting impacts for households
As savings dwindle, so do individual economic prospects — and the outcome for housing ought to worry real estate professionals.
California’s homelessness crisis: Vacant hotels can house the unhoused
These Sacramento hotels aim to create permanent supportive housing for unhoused individuals in an effort to fix our current homelessness crisis.
Fed announces a quicker increase to interest rates
The Fed’s announcement follows another month of record-setting consumer inflation.
Refinancing inequality during the COVID-19 pandemic
Refinancing activity increased significantly for high-income refinancers in 2020 and 2021, but not for low-income refinancers.
Where have all the workers gone? The Great Resignation hits home in California
The number of workers quitting their jobs continues to escalate in 2021, with September seeing a record level of quits.
As forbearance exits pile on, where will they go next?
Just one-in-five homeowners exiting forbearance can show an ability to resume their regular mortgage payments.
Goodbye Golden State: Ex-Californians seek out lower costs of living
Californians are making moves to other states. Where are residents leaving the Golden State for?
Fly free, my pretties! What drives homeowners to move
Real estate professionals: it’s time to take into consideration your clients changing migrations patterns.
Optimistic, the Fed begins its bond taper — and interest rates look up
The Fed is now attempting to balance 2021’s high levels of inflation and housing prices with the still-wounded jobs market.
Pandemic safety nets improved California’s poverty levels
California’s expanded experimentation with safety net programs in response to the COVID-19 pandemic in 2020 contributed to better outcomes for residents living below the poverty line.
Ready to get ahead of the recession?
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