Michael Gilman
Attom Data Report-U.S. Housing Markets Vulnerable to Coronavirus
13 April 2020 | 0 replies
Attom Data Solutions came out with a report concluding housing markets most at risk from covid-19 impact were clustered in the North East and Florida.
Lyle Burlingame
Strategic Guidance Help in year of Covid - +2 Properties -1 Job
13 April 2020 | 2 replies
I will try to be as clear and concise as possible in explaining my situation and perceived options, as well as my personal knowledge about SARS-COV2 and how it may impact our society and real estate markets.Current Status: I left San Francisco in early March the night before shelter in place was announced, to ride out the virus back in Minnesota with my family, I also have two properties here in MN (a single family home and a 4 plex** Info below).
Jack Bobeck
NEFAR March 2020 Data
21 May 2020 | 2 replies
April data will be interesting to see:#NEFAR March Real Estate Overview: Prices and Sales Still Strong Despite COVID-19~ 2,672 home sales, up 2.1% from a year ago and the most sales since December's 2,746~ average sales price $287,210, up 6.7% from a year ago~ $243,635 median sales price, up 5.9% from a year ago~ 70 days on market until sale average (71 days a year ago)~ 8,375 in inventory, nearly 15% less than a year ago~ 3.1 months of inventory, was 3.9 months in March 2019~ 14.2% of sales were for more than original listing price2020 NEFAR President Ron Harris said, “COVID-19s impact on real estate sales in Northeast Florida in March was negligible.
Dylan Topolnisky
What will happen to the Real Estate market?
28 April 2020 | 18 replies
My best guess is that the most significant impacts will be with more expensive homes, ie) +$500k in the prairies, +$1.5m in Ontario/BC.
Marcus Auerbach
Why is JPMorgan Chase tightening lending to 20% and 700 score?
16 April 2020 | 8 replies
From the data I see every day it looks like CV will have very little impact on residential housing: low inventory, high demand, multiple offers - unchanged to this day.Why did Chase do that?
Mark H. Porter
And the rules just changed for the EIDL Loan/Grant
14 April 2020 | 0 replies
Just got this from the SBA - now you need to have had employees to get the $10K grant"Dear Applicant,On March 29, 2020, following the passage of the CARES Act, the SBA provided small business owners and non-profits impacted by COVID-19 with the opportunity to obtain up to a $10,000 Advance on their Economic Injury Disaster Loan (EIDL).
Jeremy D.
$50k burning a hole in my pocket
2 May 2020 | 30 replies
In the other camp, if it went with some other investment, then I would still need to pay for rent somewhere and I think that significantly impacts any returns realized?
Cody L.
Sorry California Multifamily owners (I'd be panicking)
14 April 2020 | 6 replies
They want to stay with us. 3) they understand that we will work with anyone with a severe hardship due to Corona (we did not require an eviction freeze for us to do this - I posted prior to the eviction freeze that we would not be evicting anyone that could not make their rent due to a real impact from the Corona virus), but we expect those without any significant hardship to be paying their rent. 4) If they get evicted, not only are they not going to be our tenant again, but they will be hard pressed to find as nice a unit in this area.Does this mean I have zero fear?
Drew Rehman
Credit reporting forbearance
31 August 2020 | 2 replies
We are uncertain as to the impact in your credit score, particularly if you are current on your mortgage or otherwise have good credit"
Yuriy Skripnichenko
March 2020 Housing Market Update
15 April 2020 | 2 replies
New pending home sales and new listings declined in latter half of month due to impact of COVID-19.The following analysis of the Philadelphia Metro Area housing market has been prepared by Bright MLS and is based on March 2020 Bright MLS housing data.Cheers, Yuriy