Coronavirus real estate market impact 2020. A new report takes a look at the stability of home prices and home sales in the U.S. after pandemics. Mortgage rates are nearing an all-time low and refinance activity is high, but home sales have slowed due to the coronavirus pandemic, according to a report by Freddie Mac. [...]
In a big surprise for the housing market, more American homeowners emerged from deeply underwater mortgages at the end of the year—about a million more than were even expected. During the course of 2013, 1.6 million homeowners moved away from being deeply underwater, which is when a home is worth at least 25 percent less [...]
Christmas Gifts: A Lump of Coal for the Housing Industry. Yesterday afternoon, I sat in on a conference call about covering the foreclosure crisis. But it wasn't so much a lesson in foreclosure journalism (if there's such a thing) as it was a discussion of where we are in the now four-year housing crisis with a dash of speculation as to when we might get out of here.