Expect to hear more about speculators over the next two-to-three years.
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.
Trending article:
The 2020 recession was the shortest ever — but its effects continue in the housing market
Latest posts
San Francisco residents consider moves to Sacramento
Sacramento is currently the number one migration destination for homebuyers looking to move outside their current metros.
The Tenant, Homeowner, and Small Landlord Relief Stabilization Act of 2020 Part 1: Tenant protections
This article is part I of a two-part series covering California’s Tenant, Homeowner, and Small Landlord Relief Stabilization Act of 2020.
San Francisco is alone in its urban exodus, despite pandemic
The recession’s impact has been basically the same for California’s urban and suburban markets, with one big exception.
How the Fed’s new policy stance impacts housing
The Fed’s new policies are a fun thought experiment, but what changes will they actually bring?
Rising 90+ day mortgage delinquencies are the foreclosure shadow inventory
The longer the shadow grows, the greater the tidal wave of foreclosures to come.
Job losses will inevitably continue
Job creation is the only cure for today’s recession. When will that happen?
Summer 2020’s unseasonably hot housing market
With the economy several months deep into the 2020 recession, this summer has seen surprisingly high competition from homebuyers.
Additional refinancing fees delayed
The Adverse Market Refinance Fee has been delayed until December 2020, and interest rates sigh in relief.
Commercial lending plummets in 2020
The Mortgage Bankers Association (MBA) forecasts a 59% decline in commercial loan origination amounts in 2020 for a total of $248 billion.
Foreclosure moratorium extended by FHA, Fannie Mae, Freddie Mac
HUD and the FHFA have announced an extension of the foreclosure moratorium for single family homes through the end of 2020.
Letter to the editor: Why are prices still rising even though we’re in a recession?
Several housing market factors are acting to buoy home prices in 2020, including low inventory, few distressed sales and historically low interest rates.
Ready to get ahead of the recession?
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