Important Real Estate News
Good News: Forbearance Grows but Flattening
Mortgage forbearance plans continues to grow according to the Mortgage Bankers Association. There were about 4.1 ...
This week I am going to continue to cover some important news, along with some big changes to how Realtors are operating. Our local MLS (Multiple Listing Service) is also rolling out some huge changes that are meant to give consumers more acc...
The April South Bay real estate data is here.
This information is far ahead of what the National Association of Realtors’ report gave last week on February data...which were numbers pre-pandemic shut down!
Hopefully, you can u...
As we begin the month of May tomorrow, we can all be hopeful that we are in for more good news than bad.
Tomorrow also marks the end of April, which means I will have fresh monthly data to try and bring some clarity to the market and t...
As we continue to wait for full April data to shine a light on Coronavirus’ impact on our local real estate markets, I am sharing weekly real estate big-data that is useful.
Important News This Week
Ugly News
According to Black Knigh...
As we wait for more concrete data for the full month of April, I am going to share what pieces of information you should know and what you should be watching out for during the Coronavirus pandemic.
I also am going to share what I am hearing...
Wow. What an incredible past few weeks it has been for our country’s health, economy, and local real estate markets.
News and data are changing rapidly from one week to the next.
Just a few weeks ago there were talks of another Great De...
In last week’s blog titled, "How the “Stay-at-Home” Order is Affecting South Bay Real Estate," I discussed how Governor Newsom’s order was affecting the real estate market based on our clients’ reactions and from an anecdotal standpoi...
California Governor Gavin Newsom’s executive “Stay-at-Home” order is having an effect on industries throughout the state. Our local real estate market is in the early stages of adjusting as a result of the order.
There are 16 essential...
Coronavirus
infection cases have grown with exponential speed.
Stock markets have reacted negatively with incredible speed.
News seems to be changing at remarkable speed.
Speed, speed, speed.
Conversely,
residential real estate mo...
As of the completion of this blog post at 7am today, the Dow Jones is down around 2,000 points, again. This now takes the stock market down about 27% from its highs.
Financial news is talking about the needs for drastic action from the...