A report from Mortgage Professional America. "The Federal Housing Finance Agency on Monday warned Congress that Fannie Mae and Freddie Mac could not withstand a serious economic downturn and asked for the authority to develop more stringent capital standards for…
A report from the Wall Street Journal on New York. "The coronavirus lockdown has frozen Manhattan’s luxury real-estate market, with the volume of deals slowing to a trickle over the past three months. But one developer said he’s seeing signs…
A report from The Real Deal on New York. "Exactly one year ago, New York’s real estate industry was facing a crisis. The legislature had just agreed to a tenant-friendly upheaval of rent regulation. 'It used to be that investors…
It's Friday desk clearing time for this blogger. "In the city of Los Angeles, where Greta Arceneaux’s property is, tenants who have been impacted by the virus will have up to 12 months from the end of the city’s emergency…
A report from Forbes. "What surprised Brian Carberry, Apartmentguide’s managing editor who crunched the numbers was, 'some of the areas with significant rent decreases were located near more expensive major cities.' Apartmentguide looked at annual average price declines on one-bedroom…
A report from 8 News Now in Nevada. "8 News Now spoke with market experts who told us the public health crisis caused a lot of transactions to fall through, but buyers can now actually get a new home faster.…
A report from Go Banking Rates. "The pandemic has caused people to slow down and rethink their approach to the homebuying process, said Rebecca Brooksher, an agent with Warburg Realty. 'Everyone has a new perspective, so you are less likely…
A report from the Sonoma County Gazette in California. "Some communities have established Vacation Rentals by Owner (VRBO) Exclusion Zones to keep housing and their neighborhoods protected from commercial use of residential homes, while others have tried and failed to…
A report from the Seattle Times in Washington. "Stay-at-home orders kept many potential homebuyers and sellers out of the market in April, sending prices in King County tumbling in May for the second month in a row. In King County,…
A report from the San Francisco Chronicle in California. "The cost of renting an apartment in the Bay Area plummeted in May, as layoffs and the increased flexibility of working from home drove a double-digit drop in some of the…