Condo Boom Turns to Historic Condo Glut in San Francisco by Wolf Richter • Oct 7, 2020 • 85 Comments There is a “housing shortage” and an “inventory shortage” until there suddenly isn’t.
THE WOLF STREET REPORT: The Big Boys Are Back Financializing Single-Family Houses by Wolf Richter • Oct 4, 2020 • 157 Comments As after the last crisis, fueled by ultra-cheap money, they’re taking financialization of the housing market to the next level.
The Flight of the Techies by John McNellis • Oct 2, 2020 • 142 Comments New York City, San Francisco Bay Area are the big losers. The great 2020 exodus raises the question: Will the techies ever return?
San Francisco Rents in Free-Fall. New York Rents Swoon. Expensive Cities, College Towns, Cities in Texas, Other States Sag. But in 16 Cities, Rents Jump Double-Digits by Wolf Richter • Oct 1, 2020 • 99 Comments Work-from-anywhere, unemployment, the land rush for houses, virus-fears about elevators, the oil bust: Big shifts for the fifth month in a row.
The Shift from City Centers to Suburbs: New House Sales Soar for 3rd Month, +46% YoY, to Highest Since 2007 by Wolf Richter • Sep 24, 2020 • 207 Comments But the median price declined. Households paying for office space to work from home?
Landlords, Please Chime in: After CDC Eviction Moratorium & State Eviction Bans, How Big is Nonpayment of Rent, amid Sharply Conflicting Household Surveys & Landlord Data by Wolf Richter • Sep 2, 2020 • 250 Comments Small and large landlords, please share your experience in the comments so we can get a better feel of what is actually happening on the ground.
Rents Plunge in San Francisco, New York. Other Expensive Cities, College Towns, Texas Oil Patch also Hit. Incentives Surge. But in 18 Cities: Double-Digit YoY Rent Increases by Wolf Richter • Sep 1, 2020 • 130 Comments Big shifts underway — work-from-anywhere, unemployment crisis, oil bust, people searching for a cheaper place to live.
Subprime Mortgages Fall Massively Delinquent. Taxpayers on Hook. Housing Market Splits in Two by Wolf Richter • Aug 27, 2020 • 140 Comments On one side: land rush by a few hundred thousand home buyers. On the other: millions of homeowners with delinquent mortgages. Here are the metros by FHA delinquency rate. Two exceed 27%.
“Pent-up Supply” in San Francisco Turns into Record Glut of Houses & Condos for Sale. Prices Weaken by Wolf Richter • Aug 25, 2020 • 203 Comments Why is everyone suddenly trying to sell their home?
Mortgage Delinquencies Jump by Most Ever. 60-Day Delinquencies Hit Highest Level Ever. Record 16% of FHA Mortgages Delinquent. What a Mess by Wolf Richter • Aug 17, 2020 • 157 Comments Includes mortgages already delinquent before they were swept under the big federal rug of extend-and-pretend forbearance programs.
