How infrastructure jobs have the potential to support real estate stability
How investing in infrastructure may help the real estate market.
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Category: 2020 Recession
Homebuyers and sellers bank on greater vaccine availability
The vaccine offers some relief, but it’s not the cure for a full recovery.
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The CFPB’s proposed solution to abate pandemic foreclosures
In anticipation of the foreclosure moratorium expiration, the CFPB is proposing to modify its lending rules.
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No U-turn: liabilities to a seller in a breached purchase agreement
The 2020 recession and COVID-19 pandemic ushered in a wave of hasty home purchases from city...
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Are FHA-insured mortgages declining in popularity?
The dual crises of the COVID-19 pandemic and 2020 recession threatened a rise, if not surge, in...
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When the government prop ends, the distress will begin
What happens when extra government support ends before jobs are restored?
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The eviction moratorium extension: a band-aid solution for a gunshot wound
How much back-rent do tenants owe?
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Still high, commercial mortgage delinquency rates decline in Q1 2021
Commercial industries continue to experience mixed impacts from the ongoing recession in the first quarter (Q1) of 2021.
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Interest rates are rising, and mortgage standards are loosening
After months of tightening credit lines, lenders are gradually beginning to loosen standards.
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Delinquent homeowners have not taken advantage of forbearance programs
It’s not too late to let your clients know about forbearance programs so they can keep their home when the moratorium expires.
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Federal foreclosure moratorium extended through mid-year
The foreclosure moratorium that has kept jobless Californians in their homes during the ongoing recession has been extended yet again.
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2020 commercial real estate saw industrial shine, office and retail grow dark
The commercial real estate market experienced a mixed performance in 2020.
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California consumer sentiment hits new lows in 2020, concerning for future home sales
What do the latest consumer sentiment numbers tell us about future home sales?
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Rent-to-own sees dollar signs amid recession
First-time home shoppers are finding entry into California’s real estate market near impossible...
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New law to protect low-income tenants from back-rent avalanche
While SB 91 provides important protections for low-income tenants, firsttuesday proposes to grant anti-accrual protections to more tenants suffering hardship, much like the anti-deficiency protections granted to California homeowners.
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Cash sales plummeted in 2020
Record-low interest rates and a tumultuous housing market resulted in very few cash buyers in 2020.
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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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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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