It's Friday desk clearing time for this blogger. "In North Texas at least, the chief economist at redfin sees evidence of the market cooling off — at least a little. 'We're already seeing price drops happen. I think sellers have…
A report from the News Daily in Georgia. "Several weeks back, I asked in this space, 'What is the plan?' An extended eviction and foreclosure moratorium, put in place by the CDC during this lengthy pandemic will expire on July…
A report from 9 News in Colorado. "In many of the nation’s top housing markets, including Colorado, roughly one in five houses sold is now bought by someone who never moves in. 'The fear is that the larger, corporate investors…
A report from Bloomberg. "Landlords have struggled to attract tenants throughout a pandemic that's kept New Yorkers working from home. Apartment owners lowered rents and offered perks such as free months and gift cards - yet they still saw the…
A weekend topic starting with The Intercept. "If you were reading the news back in 2008, then you probably remember how residential mortgage backed securities fueled by subprime mortgages tanked the global economy. Now John Flynn, a veteran of the…
A report from CNBC. "The Federal Reserve now owns more than a third of the agency mortgage-backed securities, or MBS market. At the start of 2019, the Fed held $1.6 trillion in agency MBS. It tapered that down to $1.37…
It's Friday desk clearing time for this blogger. "A moratorium on evictions is forcing small landlords on Long Island to run up credit card balances, take out loans and default on their own bills. 'They keep extending the court date,…
A report from Bolly Inside. "Flexible workspace provider Knotel has filed for bankruptcy and has announced plans to sell its business to listed real estate services company Newmark, the company said on Sunday. The pandemic has punished several workspace companies.…
It's Friday desk clearing time for this blogger. "The Chicago City Council enacted the COVID-19 Eviction Protection ordinance in June. After selling two single-family homes to financially maintain his remaining portfolio, Derrick Rowe, a landlord on the South Side, now…
Two reports from the Wall Street Journal. "The pandemic has raised important questions about the future of New York City. Clues to the answers—or a way to bet on them—can be found daily in the price moves of four real-estate…