California renters moved out in 2020
2020 was a rough year for everyone, with renters and landlords often bearing the brunt of the recession.
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Category: Recession 2020
Fannie Mae, optimistic, forecasts an improving housing market
Fannie Mae’s optimism warms the heart, but there’s not any real kindling to keep it going.
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At what point are we in the 2020 recession as we head into 2021?
Share your expectations for the future housing market and economy in 2021.
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Philadelphia Fed sheds light on fraught rental market
A new study is shedding light on the struggling rental market and the uphill battle to keep people in their homes.
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The “jingle mail” strategy
New homeowners relish the moment they accept the keys to their new home — so why are more and more of them considering returning the keys?
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New legislation aims to protect mobilehome residents
Lawmakers have passed a new law aimed at helping struggling mobilehome residents who face economic hardships brought on by the recession and COVID-19.
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2020 recession stretches income inequality
Some experts are calling this recession K-shaped: what does that mean for real estate?
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Is COVID the end for senior housing?
Seniors are reconsidering their future housing plans in light of the pandemic and 2020 recession.
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Prepare now for the return of real estate speculators
Expect to hear more about speculators over the next two-to-three years.
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San Francisco residents consider moves to Sacramento
Sacramento is currently the number one migration destination for homebuyers looking to move outside their current metros.
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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.
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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.
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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?
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Rising 90+ day mortgage delinquencies are the foreclosure shadow inventory
The longer the shadow grows, the greater the tidal wave of foreclosures to come.
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Job losses will inevitably continue
Job creation is the only cure for today’s recession. When will that happen?
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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.
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Additional refinancing fees delayed
The Adverse Market Refinance Fee has been delayed until December 2020, and interest rates sigh in relief.
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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.
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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.
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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.
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