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…
A report from Marketplace. "New survey data on Wednesday from the National Association of Homebuilders shows builder confidence fell the most ever in a month, to 30. Anything below 50 is considered negative, and this is the first negative reading…
A report from Bloomberg. "The nascent market for private U.S. mortgages is teetering on the brink of collapse as the coronavirus crisis imperils years of work to lessen the government's role in home lending. Several firms that issue mortgage bonds…
A report from Global News on Canada. "The housing industry in Saskatoon is slower but remains steady, according to experts. And right now it is a buyers market. 'If you are in the market to buy a new home there…
A report from Bankrate. "The coronavirus pandemic has blindsided the U.S. housing market, transforming the spring selling season that’s traditionally the annual peak of sales into a deep valley. 'This industry is just doing a very slow crawl,' says Leslie…