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Default Cycle Has “Officially” Begun

Key Highlights Goldman Sachs forecast 13% default rate last week Moody’s forecast 14.4% default rate by end of March 2021 and to rise to...

How Far Will $1,200 Stimulus Check To for Owners & Renters?

Key Highlights Under the CARES Act passed by Congress last month, a typical American is to receive a one-time stimulus check of $1,200 Stimulus...

Banks Earned $10B in Fees for Handling Small Business Loan Program

Key Highlights Banks and credit unions handling $349B loan program for small business earned $10B in fees Loan processing required less vetting by and...

So Far, 2nd Go-Around for PPP No Better than the First

Key Highlights First go-around with PPP riddled with problems and chaos 1st go-around ran out of$349B in 13 days and most small businesses shut...

No New EIDL Applications Being Accepted by SBA

Key Highlights The SBA not accepting new applications for Economic Injury Disaster Loan assistance program Applications already submitted to be processed on first come-first...

Podcast: Will Housing Boom When States Reopen?

Join Tim and Julie Harris as they discuss the nature of the housing market as the states 'reopen' for business. Will there be a...

Direct Access – Self Guided Home Tours from Redfin

Key Highlights Consumers with Redfin app can unlock doors and tour homes without an agent Direct Access enables consumers to tour available homes 7...

March Home Sales Dropped -8.5% – More Than Expected

Key Highlights Existing home sales dropped to wider-than-expected -8.5% in March Sales figures based on contracts signed mostly in January and February National Association...

Compass Still Adding Agents AND Still Cutting Salaries & Hours

Key Highlights According to the RealDeal, Compass temporarily cutting salaries for next 3 months Compass reduced administrative staff hours to 10 hours/week instead of...

Podcast: Real Estate Recovery Ahead? | What Every Agent Must Do...

On today's show Tim and Julie Harris update you on all the most critical real estate headlines. What every agent must be doing now...

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