...is actually 30.4% less than the recession’s peak that was reported in March 2004. First American Chief Economist Mark Fleming commented on how he sees the coronavirus affecting the market:...
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Comptroller of the Currency Stepping Down
...the coronavirus, detailing the steps the agency and banks can take to prepare for the next financial downturn. According to Paulson, one of the most significant priorities of the OCC...
Read More »The Best Days to Sell a Home
...statement by then adding a slight word of caution and some sage advice: “This year could be a striking exception if many potential home buyers stay home because of Coronavirus...
Read More »Rising Unemployment Leading to Increased Risks For Homeowners
...coronavirus (COVID-19) pandemic continues to impact the economy, and claims for unemployment insurance reach record highs, homeowners are at an increased risk of becoming delinquent in the coming months. According...
Read More »Update to the Community Reinvestment Act
...beyond the coronavirus, detailing the steps the agency and banks can take to prepare for the next financial downturn. According to Paulson, one of the most significant priorities of the...
Read More »Housing Data Reveals ‘Depth and Severity’ of Pandemic
...to a sobering number of lives lost from the coronavirus, the economic toll from the past two months is staggering. The number of jobs lost just in April rivals the...
Read More »Home Prices in Opportunity Zones Rising Higher
...this one needs to be taken in the context of the looming impact of the Coronavirus pandemic, which could cut the legs out from under the housing market. For now,...
Read More »Government Agencies Come Together to Help Homeowners
...and meet the financial obligations. “No one should lose their home because of Coronavirus, and this new website is full of resources to help property owners and renters navigate these...
Read More »Metro Home Prices up in 96% of Markets Studied
...were Boise City, Idaho; Eugene, Oregon; and Colorado Springs, Colorado—exact percentages being 18.1%, 14.5%, and 14.4%, respectively. “The first quarter price jumps mostly reflect conditions prior to the coronavirus outbreak...
Read More »Treasury: More Than $218B in Coronavirus Stimulus Checks Sent
...in CDBG funding to combat the effects of COVID-19. “Coronavirus has impacted our communities and populations in unprecedented ways, and while some begin to see a decline in reported cases,...
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