Tag: real estate coaching
Real Estate Firms Not Honoring Contracts & Furloughing Agents
Key Highlights
iBuyers like Opendoor, ZillowOffers, OfferPad and RedfinNow retracting signed purchase contracts
Redfin furloughing 41% of its agents
- EXp reducing 15% of...
Podcast: Time Is Running Out For Gov’t Programs | SBA Programs...
Your urgent attention is required. Learn now how to apply for the SBA Disaster Relief Fund, The SBA PPP, Unemployment and Mortgage Forbearances. Protect...
Small Mom and Pop Landlords Are Struggling
Key Highlights
Small mom and pop landlords own between 1-10 properties and house approximately 48M renters
8M mom and pop landlords own close to...
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...
