A report from WFTV in Florida. "It sounds simple and safe. Homeowners who lost jobs can skip mortgage payments now, then repay at the end of the loan. But some federal lawmakers, who helped pass the CARES Act that allows…
A report from the Wall Street Journal. "Mark Calabria, who heads the Federal Housing Finance Agency, is resisting pleas for help from lenders seeking relief as millions of Americans stop payments on their home loans, sending tremors through the $11…
A weekend topic starting with the Globe and Mail. "So who is paying for this massive wave of purchases by the Fed, the Bank of Canada and others? For now, nobody. Central banks are simply crediting themselves with the funds…
A report from Lancaster Online in Pennsylvania. "Shifting borrowing requirements, sudden job losses and state-ordered restrictions on real estate activity meant to limit the spread of COVID-19 in Pennsylvania have complicated — and in many cases halted — home sales…
A report from Bankrate. "The coronavirus pandemic has blindsided the U.S. housing market, transforming the spring selling season that’s traditionally the annual peak of sales into a deep valley. 'This industry is just doing a very slow crawl,' says Leslie…
A report from the Oregonian. "'I’m still writing offers,' says real estate agent Adam Elliott. 'Motivated sellers are dropping prices and if you’re 100 percent sure you’re not losing your job, now is the right time to buy. Agents all…
A report from the Wall Street Journal on Texas. "The Houston office market is poised to become the next commercial real estate victim of the economic shock waves from the coronavirus crisis. Houston’s problems also are closely watched along with…
A report from the Palm Beach Post in Florida. "As the coronavirus spreads, travel and other economic activity has slowed or stopped. Florida’s $1 trillion economy relies on tourism more than most states, so the slowdown here is likely to…
A report from Crain's Chicago Business in Illinois. "If you are in the hunt for distressed apartments on Chicago's South Side, you have a lot of choices. You'll have even more in the coming months. Dozens of buildings in neighborhoods…
A report from Point 2 Homes on Texas. ""Q: Would you recommend buying or renting in the largest cities in Texas this year? Shannon Cornelison-Brown Assistant Professor of Accounting Austin College: 'In the largest cities in Texas, investor funds have…