A report from Oregon Public Broadcasting. "Calls are mounting in Portland for elected officials to temporarily ban evictions, as the coronavirus pandemic throws the ability of low-wage workers to make their next rent payment into question. To protect renters, lawmakers…
It's Friday desk clearing time for this blogger. "California home prices and sales are likely to fall as a result of the coronavirus, according to the California Association of Realtors. Kalena Masching, a Redfin agent in Silicon Valley, saw a…
A report from Realtor.com. "In sharp contrast with H1N1, COVID-19 comes at a time of contraction, after years of frantic expansion, with an economy on a slowing trajectory. Job creation, GDP, and consumer confidence are all decelerating but still at…
A weekend topic starting with Yahoo Finance. "The Federal Reserve slashed interest rates by half a percentage point last week, citing a need to protect small- to medium-sized businesses from the economic ripple effects of the coronavirus. But a Seattle-based…
A report from the Orange County Register in California. "California ranks high on a national scoreboard of yet another unflattering real estate trend: rapidly cooling home appreciation rates. Source: My trusty spreadsheet filled with Federal Housing Finance Agency data. California…
A report from the Real Estate Journal. "When the housing bubble burst in 2007/2008, it created an environment in which residents were more inclined to rent rather than own, leading to the multifamily sector’s boon during this cycle. But many…
A report from the Business Observer Florida. "Commercial real estate professionals surveyed by PwC believe 2020 will be as robust as the previous year or few years, according to an annual litmus test of the industry. 'What we’re not doing…
A report from the Bakersfield Californian. "A partially built housing development off Highway 178 has become the focus of a police inquiry after contractors working on the project went unpaid and one of the development partners sued another alleging misappropriation…
A report from Senior Housing News. "Pam Kessler joined LTC Properties and has not looked back, becoming CFO in 2007. The last few years have once again brought industry dislocation in the form of oversupply and new payment models, she…
A report from the Miami Herald in Florida. "Moving trucks may be parked near Virgin MiamiCentral soon. Park-line Miami at 100 NW Sixth St., the two 30-story apartment buildings for rent above the train station, opened its leasing office in…