How to prepare for the REO resurgence
Agents and brokers who want to make a decent living in the leaner years ahead will prepare now for the return of real estate owned (REO) properties.
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Category: Recessions
Can the Fed cool inflation without implementing another recession?
The tipping point for another recession is nigh.
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California’s home remodeling boom set to peak in 2022
A home renovation boom is stirring up in 2022, escalating the already inflated costs of building materials and labor.
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California mortgage relief program provides second chance in delinquency
California’s mortgage relief program is open for applications. Find out why your eligible clients will want to apply early.
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Employment and wages highest hurdles for Millennial first-time homebuyers
The American Dream of homeownership is out of reach for the average Millennial, especially in California. What will it take to restore the dream?
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As California’s rent relief funds run low, fraudsters rush to pilfer cash
As California’s rent relief program runs empty on key money, fraud claims will need to be minimized.
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COVID-19 eviction noticing rules extended for ERA applicants
A last-minute law change is extending the additional steps landlords need to take to evict a tenant due to nonpayment of rent.
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Zillow Offers’ failure is a warning to today’s speculators
Real estate giant Zillow entered a hot and unpredictable housing market as a speculator experimenting with iBuying and got burned, reporting a total net loss of $530 million in 2021.
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There is another way to fight inflation than raising interest rates
Even as supply shortages cause rising prices and define the housing market, the Trade War’s policies continue in 2022.
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Mortgage delinquencies settled in 2021 — but are looking up in 2022
Mortgage delinquencies continue to decline at the start of 2022 and are now nearly level with pre-pandemic levels.
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Investor purchase share smashes records — a major pain for homebuyer occupants
Here in California, the investor share in Q4 2021 was highest in San Diego and lowest in San Jose.
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Agent paychecks soar — but agent fee rates plunge in 2021
With fewer listings to go around — and higher prices to count on to boost their incomes — agents feel comfortable accepting lower fee rates to ensure they reap the benefits of an exclusive listing.
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Housing experts divided on home sale forecast
After a year of earth-shattering home prices increases, real estate professionals are wondering — what’s next in 2022?
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2022’s rising rates slash homebuyer purchasing power
After years of stimulus injections and Federal Reserve (Fed) support, the government is taking off the training wheels in 2022.
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Now spent, stimulus payments leave no lasting impacts for households
As savings dwindle, so do individual economic prospects — and the outcome for housing ought to worry real estate professionals.
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California’s homelessness crisis: Vacant hotels can house the unhoused
These Sacramento hotels aim to create permanent supportive housing for unhoused individuals in an effort to fix our current homelessness crisis.
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Fed announces a quicker increase to interest rates
The Fed’s announcement follows another month of record-setting consumer inflation.
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Refinancing inequality during the COVID-19 pandemic
Refinancing activity increased significantly for high-income refinancers in 2020 and 2021, but not for low-income refinancers.
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Where have all the workers gone? The Great Resignation hits home in California
The number of workers quitting their jobs continues to escalate in 2021, with September seeing a record level of quits.
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As forbearance exits pile on, where will they go next?
Just one-in-five homeowners exiting forbearance can show an ability to resume their regular mortgage payments.
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