We are officially in a shifting market and you have to be prepared to make a move when the time is right. 

Also, they must submit official orders to you and a letter of intent.

Ther's a national apartment association advocacy grouphttps://www.naahq.org/advocacyhttps://www.naahq.org/news-publications/democratic-municipal-officials-calls-congress-support-rental-assistancehttps://www.naahq.org/advocacy/action-center/advocacy-365You can also sign petitions and join apartment associations it seems

The Wall Street Journal is calling for state and federal officials to weigh the economic damage the lockdowns are doing if they last for another week or two.

But I expect that to change and be more defined.To give you an idea, one of the officials said mowing a lawn is essential to health and safety, but an elective landscaping project, is notSo I would GUESS< feta ING a non functioning furnace or hot water heater, or a roof with holes might be essential, remodeling your bathroom, or a house no one lives in may not be. 

Is there an official application I need to submit separate from the online questionnaire that I submitted for the advance?

I haven't seen or heard anything official about changes to the EIDL program.

Until they get an official response from the governor regarding their pending waiver request, the industry is taking the position that closings are an essential service and the wheels of finance must keep turning.

Overall, things are going much better than I had thought they would.Here’s the official MLS stats for 11 counties.Active listings are down -8%There’s been a good influx of new listingsHowever, there’s a lot more withdrawn than normalClosed sales count is down a bitNet, with somewhat fewer buyers, the supply / demand balance probably hasn’t materially changedHomes – 11%; Condos -2%Closed units down -5%This is less of a slowdown than I expected; great new hereAverage price and median price up 8% from prior yearThis ties to the supply / demand balance not changing much; e.g., in the seller’s favorDOM down a few daysAlso consistent with supply / demand being about the sameUC were down 8%This is much stronger than I had expected – great newsHomes -4%; condos -16%This is consistent with my observations about a week ago that entry level buyers seemed to be more cautious than the first time move up segmentNot much change on discountsIf you just look at the luxury homes (MLS defines this as >$1,000,000)Closed count +13%Price +1.5%DOM down -2 daysI am not sure this strength with last in the luxury market, since inventories are building.If you look at entry level, $300-500KClosed count -13%Price +2%DOM +4 daysThe slowdown in this segment will last a few months, since we need to get a lot of entry level employees back to work.Other news items:Most of the iBuyers have suspended operations.Lenders are tightening credit requirements, which may push the marginal buyer (that used to barely qualify) out of the market for a whileThis will likely be a source for 2020 having somewhat fewer closed deals than 2019

Bonnie Henry.We are listening very closely whenever the governing officials mention the words: “Landlord”, “Tenant”, “Mortgage” or “Rent”.Just like the virus, none of us are immune to the financial implications of our present and future.But for Today, March 24, 2020, we are going to assume that you can pay your rent for April 1, 2020.We hope that you are paying attention to all government subsidies that are available.Currently, there are no subsidies offered to Mortgage holders or tenants directly*.