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“Scattershot Re-openings” Still Leading to 2.9M More Layoffs

Key Highlights As some states reopen, nearly 3M more people filed first time unemployment claims last week, according to US Labor Department Two-month tally...

Powell Warns of Significant Downside Risks

Key Highlights Federal Reserve Chair Powell points to unprecedented risks if monetary policy makers don’t rise to challenge Powell pushes back on deploying negative...

Mortgage Bailouts Swell to 4.1M

Key Highlights Mortgage forbearances now represent 4.1M borrowers or 7.7% of all active mortgages Forbearance numbers represent $890B in unpaid principal Black Knight, a provider...

Podcast: Todays Top Real Estate News Headlines | Tim and Julie...

Listen now as Tim and Julie Harris review and comment on today's top real estate headlines. As the country slowly comes out of quarantine...

Next Housing Crisis Is Here – this Time, It’s About Rentals

Key Highlights Landlords and tenants wrangling about rent as avalanche of evictions might bury them both Without national rental-market bailout economic pain may flow...

Podcast: The Great Reopening Begins! | Housing Boom Ahead? | Tim...

The great reopening begins. Now the question is, what is out 'there' waiting for all of us? With some predicting that 64% of all...

14.7% Jobless Rate – Highest Since Great Depression

Key Highlights US Labor Department delivered history book news: 14.7% unemployment rate and loss of 20.5M jobs in April Before April 2020, worst monthly...

Jobs Numbers “Could Be Much Worse”

Key Highlights Trump’s top economic advisors bracing for unemployment rate to climb +20% in coming months US Labor Department’s latest report put unemployment rate...

Zillow Predicts Home Prices to Fall -2-3% in 2020…Plus More

Key Indicators Zillow predicts home prices to fall 2-3% in 2020 During Great Recession, home prices dropped -27% from 2006 peak to 2012 trough,...

Which Cities Offer Renters Most/Least Personal Space?

Key Highlights Personal space during a pandemic is a desirable amenity RentCafe used data from Yardi Matrix to determine which cities offered renters the...

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