Pandemic homebuyers are happier than ever – but what about everyone else?
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
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Pending sales decline, prices are next
Nationwide, pending home sales have declined 12% since the spring peak.
How foreclosures will impact the housing market in the wake of the 2020 recession
Those preparing for an uptick in distressed sales will see them, but by how much?
CDC extends eviction moratorium in hard-hit counties, including most of California
The eviction moratorium is back, but this time it’s more complicated.
Mortgage delinquencies see first year-over-year decline since the 2020 recession, with a caveat
The overall delinquency rate for U.S. residential mortgages experiences its first year-over-year decrease despite serious delinquencies rising.
The 2020 recession was the shortest ever — but its effects continue in the housing market
The economic recession ended after two short months in April 2020, but the economy is still fragile.
Mortgaged homebuyers prefer rural setting to city life
A recent report shows urban demand dissipating throughout the last decade. Will this trend continue?
Proposed plan seeks to subsidize nearly half the price of a first home
California’s Build Back Boldly Plan incentivizes first-time homebuyers by subsidizing up to 45% of a home’s price.
California Comeback Plan to address homeless crisis
A new plan seeks to fund $12 billion towards initiatives aimed at reducing homelessness in California.
Rental Housing Recovery Act extends eviction moratorium through end of September 2021
California’s new law provides information and guidance for landlords seeking rent relief or seeking to evict non-paying tenants.
Rental housing will soon contribute to inflationary metrics
As inflation risks intensify, rental prices will soon contribute to the Consumer Price Index.
Foreclosure moratorium: “final” extension granted through July 31, 2021
Financially-distressed homeowners have one more month to become current on their mortgages, or enter a forbearance program.
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