The money was a potentially vital lifeline for vast numbers of real estate professionals. Unfortunately, it was also plagued by problems
More than 20M Americans have filed for unemployment in the past month
Housing starts are down 22.3% in March but up 1.4% year-over-year
61% of US markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with 'a huge caveat'
Those checks of up to $1,200 for an individual and $500 per dependent were expected to assist landlords indirectly, enabling tenants — at least in lower-cost cities — to pay their rent
More than 700 Compass California agents shared their concerns, market predictions for when shelter-in-place laws lift
It’ll take several more weeks to fully determine if this is the bottom and possibly several months for new listing volumes to return to normal levels
The National Association of Home Builders' Housing Market Index fell to 30, down from 72 points in March
The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45%, its lowest level since the Mortgage Bankers Association began its weekly survey
The real estate industry has so far secured 3.22% of the money being doled out as part of the pandemic-prompted Paycheck Protection Program
Patrick Stone, of WFG National Title Insurance Company, said Tuesday that home sales will likely be down in 2020, but overall, he's optimistic about an economic recovery from the current pandemic
There were only 52 new listings in Manhattan during the second week of April
Texas real estate saw a significant slowdown in market traffic once the COVID-19 pandemic arrived, but since then, indications of a rebound have emerged
Agents in Wisconsin are seeing a slow down during the pandemic. But they also said that inventory is so low that competition for homes remains fierce
'We expect delinquency rates to jump significantly throughout the year as the economic toll from COVID-19 becomes more evident,' CoreLogic President Frank Martell said
Opinion
No one can truly answer this question until we know how mortgage lenders and homeowners who have chosen forbearance will fare
