Tag: real estate coaching
Pausing Mortgage Payments Could Lead to Disastrous Mortgage Market Crisis
Key Highlights
2M of mortgage holders utilized mortgage forbearance or reduced payments due to economic fallouts from COVID-19 with the okay from the Federal...
Outlook: Economy, Loans, Unemployment and Housing Market
Key Highlights
Jamie Diamon warns of “bad recession”
Disaster loan program unravels
Unemployment claims near 17M in 3 weeks
Jonathan Miller paints “gloomy” picture...
Pandemic Erodes Wealth of 500,000 Millionaires Plus Everyone Else’s
Key Highlights
At the end of Q4 2019, there were 11 million millionaires in the US
At the end of Q1 2020, there were...
State Unemployment Insurance Systems Not Equipped to Handle Deluge of Claims
Key Highlights
3.28M unemployment insurance claims filed in last week of March
6.68M new jobless people file claims in first week of April
22...
Mortgage Market Splitting in Two Directions
Key Highlights
Refinance applications spiked +28% for the week
Purchase applications dropped -11% for the week
As a whole, total mortgage applications increased +15.3%...
Renters Get No Relief from CARES Relief Act
Key Highlights
Renters have no financial relief from CARES Act while homeowners do
Despite eviction moratoriums in most locations, renters get no plan to...
Podcast: Why Housing Is Going To Crash | Ultimate Agent Survival...
The big question on everyones mind now, the big question that must be answered....is there going to be a V shaped recovery or will...
California Tenants Plan Rent Strikes – “This Is About Survival”
Key Highlights
California tenants plan month-long rent strides across the state
Tenants argue they will be unable to pay landlords in foreseeable future despite...
Airbnb Announces $250M COVID-19 Relief Fund for Hosts
Key Highlights
Airbnb announces $250 Relief Fund for Hosts
New relief policy to help mitigate mass cancellations of bookings worldwide
Airbnb’s CEO Brian Chesky recently...
Recession This Year in US Seen as Coin Toss
Key Highlights
Bloomberg Economics model of determining recession this year in US now stands at 53%
This 53% predictor is highest reading for recession...
