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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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The W-shaped recession ahead
Prepare for a bumpy road ahead.
The Fed’s purchase of mortgage-backed securities has a big downside for lenders
This spring’s high level of margin calls on top of rapidly rising forbearance rates have put the mortgage industry in a dangerous position.
Sellers pull listings across California’s major metros
Twice as many homes were removed from the market this spring compared to last year.
Home prices, savings and bankruptcies in a pandemic; Monthly Statistical Update (May 2020)
Home prices are propped up by low interest rates, for now; Saving opportunities narrow in California; Personal bankruptcies set to rise
California consumer sentiment plummets in Q1 2020
Information on homebuyer sentiment is somewhat predictive of future home sales.
DRE fumbles crisis response
Can the DRE adequately support licensees through the COVID-19 pandemic?
California’s definition of “essential service” has shifted for real estate professionals
Even as millions of residents continue to shelter in place across California, a few industries have been identified as critical to keeping life going during the coronavirus (COVID-19) pandemic. The following real estate and real estate adjacent professionals are...
How legislation is helping independent contractors during COVID-19
This article is Part II 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. Check out Part I for an explanation of legal assistance available to small...
Mortgage credit availability declines as recession certainty sets in
Lenders are walking a tightrope this spring.
How legislation is helping brokerages, homeowners and renters during COVID-19
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.
Treasury yields go negative: what it means for real estate
For the housing market, this domino effect of lower long-term yields translates to lower interest rates on FRM rates.
Ready to get ahead of the recession?
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