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.
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Category: 2020 Recession
Mortgaged homebuyers prefer rural setting to city life
A recent report shows urban demand dissipating throughout the last decade. Will this trend continue?
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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.
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California Comeback Plan to address homeless crisis
A new plan seeks to fund $12 billion towards initiatives aimed at reducing homelessness in California.
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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.
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Rental housing will soon contribute to inflationary metrics
As inflation risks intensify, rental prices will soon contribute to the Consumer Price Index.
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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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CDC extends eviction moratorium until July 31, 2021
The federal eviction moratorium has been extended for the last time, according to the CDC.
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Multi-family forbearance programs extended until September 2021
Multi-family property owners with mortgages backed by Fannie Mae and Freddie Mac may now extend their forbearance programs up to September 2021.
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Down payment gifts and the bank of mom and dad
Down payment gifts from parents help young adults become homeowners faster, but they prevent skin in the game.
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Bidding wars continue to inflate prices, and homebuyer resentment
Homebuyers are ready to go to war in 2021, and agents are on the frontlines.
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Sluggish job market likely to persist, holding back real estate
How long will it take to regain the historic job losses from the 2020 recession?
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Rents continue to rise in 2021
The rental market is continuing to pick up steam in 2021.
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Missed housing payments pile on for homeowners, renters
Even while missed housing payments continue to decline, many homeowners and renters have become overwhelmed with debt.
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Refinancing and race: Why the divide and how to close the gap
Black and Latinx homeowners paid higher interest rates than White homeowners between 2005 and 2020. Why does this disparity exist?
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Consumers expect home prices to continue rising in 2021
Homebuyer sentiment reflects where we have been and where we are going.
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Is the pandemic-induced suburban rush here to stay?
The future of city centers comes down to jobs.
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California’s eviction moratoriums vary by major metro
How Los Angeles, San Francisco and San Diego are handling the eviction moratorium.
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Luxury home sales defy gravity — and the recession
The recent successes of the luxury home sale market are more evidence of what many economists have coined as the K-shaped recession and recovery.
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Construction obstacles cut out low- and mid-income Californians from homeownership
The case for more construction of low-tier homes and accessory dwelling units.
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