A report from Atlanta Agent Magazine in Georgia. "The country is much better positioned to rebound from the current recession than in the Great Recession, according to Lawrence Yun, chief economist for the National Association of Realtors. The housing shortage…
A report from The New Daily in Australia. "Property prices have fallen on a week-to-week basis for the first time since August, fuelling concerns the housing market is careening towards a catastrophic slowdown. CoreLogic analysis reveals growth in average house…
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 weekend topic starting with the Wall Street Journal. "More than 600,000 small businesses were created in Airbnb’s inaugural year, according to the U.S. Bureau of Labor Statistics. Half of them were out of business within five years. Only one-third…
A report from Market Watch. "The coronavirus pandemic has turned the $4.4 trillion U.S. commercial real estate finance market upside down. Moody’s analysts warned that property-level 'cash-flow stress, particularly across hotels and retail properties,' will trigger more defaults. In the…
A weekend topic on this Politico article. "With millions of suddenly unemployed homeowners expected to seek relief on their mortgage payments, a libertarian regulator is standing in the way of the federal government using its most powerful weapon to stave…
It's Friday desk clearing time for this blogger. "Some buyers may look for deals, thinking all sellers are desperate to sell. But if this isn't you, there's no reason to cave or whittle down your home's price. 'Regardless of the…
A report from Mortgage Professional America. "In a recent report that examines county-level housing markets and their vulnerability to the impact of the coronavirus pandemic, Attom Data Solutions found that 24 of the 50 most at-risk markets are in New…
A report from the Berkeley Newsroom. "Berkeley Haas Professors Nancy Wallace and Richard Stanton were some of the few voices to forewarn of the massive risk posed by shoddy practices in the mortgage industry prior to the 2008 financial crisis.…
A report from Bloomberg on Canada. "Canadian housing once seemed so infallible that the head of the world’s biggest asset manager in 2015 described Vancouver condos as a better store of wealth than gold. The coronavirus is putting that theory…