Median Home Price Does Classic Head-Fake as Home Sales Plunge and Condo Sales Collapse by Wolf Richter • May 21, 2020 • 152 Comments Turmoil in the housing market and its impact on the “median price.”
“Pent-up Supply” is Building up in the Housing Market: Example of San Francisco Bay Area’s North Bay by Wolf Richter • May 11, 2020 • 113 Comments “The next big shoe to drop will be when appraisers call a declining market in early August.”
Mortgage Forbearance Balloons, Home Sales Plunge by Wolf Richter • Apr 29, 2020 • 155 Comments In addition to logistical difficulties of selling a home in the era of social distancing, there is the explosion of a historic unemployment crisis.
Housing Market under COVID-19: Regular Folks Retreat, Foreign Investors Blocked, Large US Investors Gone, iBuyers Frozen by Wolf Richter • Apr 22, 2020 • 176 Comments Demand is a lot weaker in some places than in others. Here are the 20 cities with the largest drops.
How Will Covid-19 Lockdowns Hit the Housing Market? It Gets a Little Clearer by Wolf Richter • Apr 16, 2020 • 167 Comments “In May, what market? I don’t see no market”: Realtor.
Going to be Tougher for Lots of People to Even Get a Mortgage. Expensive Housing Markets Most Affected by Wolf Richter • Apr 12, 2020 • 205 Comments Availability of Jumbo Mortgages Plunges.
“Mortgage Forbearance” is Suddenly Hot, Hits Shadow Banks, which Clamor for Bailout from Taxpayers and the Fed by Wolf Richter • Apr 10, 2020 • 234 Comments “The mortgage market has more risk than previously acknowledged.”
Week 3: How Lockdowns Impact Housing & Mortgage Markets by Wolf Richter • Apr 8, 2020 • 149 Comments Expensive markets face a new reality: lenders get skittish about jumbo loans.
Week Two: How COVID-19 Lockdowns Impact US Housing Market. Mortgages Give Clues: It Gets Uglier by Wolf Richter • Apr 1, 2020 • 169 Comments “Nobody has any taste for risk anymore. All of those exotic loan programs have ceased. All investors buying that paper are gone”: mortgage broker.
How Will Coronavirus Lockdowns Impact the US Housing Market? First Data Points Are Out. They’re Ugly by Wolf Richter • Mar 25, 2020 • 223 Comments And it’s just the first inkling of what’s in store for home sales.