A report from the Los Angeles Times in California. "It’s not just renters who are benefiting from expanded unemployment payments. Nearly half of the tenants in the 16-unit apartment complex Kim Pierce owns in Echo Park are behind on their…
A weekend topic starting with the Wall Street Journal. "Even the coronavirus hasn’t stopped the world’s biggest asset bubble from getting bigger. After a brief pause during coronavirus lockdowns in February, a Chinese property boom in some megacities that many…
It's Friday desk clearing time for this blogger. "'If you’re thinking about selling your home, now is a great time to do it, work with a professional to make sure you get through it,' explains Rachel Sartain a Pinellas County…
A report from National Mortgage News. "While the COVID-19 pandemic continues to create financial uncertainty for all Americans, it's not too early to ask how mortgage lenders can help put the nation's economy back on track. One way is to…
A report from The M Report. "The share of mortgage loans that became delinquent in April outpaces anything seen during the Great Recession and is the highest rate on record in 21 years, according to CoreLogic’s data. During the month…
A report from Inman News. "Delinquency rates across the United States soared in April — a change caused by the coronavirus outbreak that, experts warn, could spell trouble for months to come. According to CoreLogic, 6.1 percent of mortgages were…
A report from Better Dwelling in Canada. "Earlier this year, the Canada Mortgage and Housing Corporation (CMHC) warned first-time buyers that leaving just a 5% downpayment could be problematic. Now it appears that’s exactly what’s happening, with a typical condo…
A report from Yahoo Finance. "A potential housing crisis is on the way for millions of Americans whose mortgage and rent deferrals are about to sunset. 'There are millions of Americans now unemployed due to the pandemic with greatly reduced…
A report from the Georgia Straight in Canada. "Buyers of expensive homes appear to be getting good bargains. A Vancouver property sold recently at almost $5 million below its first listing price, according to market tracking by fisherly.com. The single-family…
A weekend topic starting with the Wall Street Journal. "Pension giant California Public Employees’ Retirement System is projecting malls will lose some of their value in the second quarter, according to an internal estimate. The investment chief of the Chicago…