Home-Builder Confidence Plummets to Lowest Level Since 2012 as Coronavirus Disrupts Construction Activity

realtyexpertsReal Estate News

The tone among home builders has quickly turned negative as the coronavirus outbreak hits the U.S. housing market.

The post Home-Builder Confidence Plummets to Lowest Level Since 2012 as Coronavirus Disrupts Construction Activity appeared first on Real Estate News & Insights | realtor.com®.

Home-Builder Confidence Plummets to Lowest Level Since 2012 as Coronavirus Disrupts Construction Activity

realtyexpertsReal Estate News

The tone among home builders has quickly turned negative as the coronavirus outbreak hits the U.S. housing market.

The post Home-Builder Confidence Plummets to Lowest Level Since 2012 as Coronavirus Disrupts Construction Activity appeared first on Real Estate News & Insights | realtor.com®.

The Mortgage Industry Is Facing a Crisis Because of the Coronavirus—and Borrowers Could Fall Through the Cracks

realtyexpertsReal Estate News

The federal government’s rush to support homeowners in the wake of the coronavirus pandemic should help many Americans avoid foreclosure, but it could have negative consequences for the mortgage industry.

The post The Mortgage Industry Is Facing a Crisis Because of the Coronavirus—and Borrowers Could Fall Through the Cracks appeared first on Real Estate News & Insights | realtor.com®.

The Mortgage Industry Is Facing a Crisis Because of the Coronavirus—and Borrowers Could Fall Through the Cracks

realtyexpertsReal Estate News

The federal government’s rush to support homeowners in the wake of the coronavirus pandemic should help many Americans avoid foreclosure, but it could have negative consequences for the mortgage industry.

The post The Mortgage Industry Is Facing a Crisis Because of the Coronavirus—and Borrowers Could Fall Through the Cracks appeared first on Real Estate News & Insights | realtor.com®.

These Mortgage Borrowers Will Be ‘the First Canary in the Coal Mine’ for a Coronavirus-Fueled Foreclosure Crisis, Regulator Says

realtyexpertsReal Estate News

Federal Housing Finance Agency Director Mark Calabria told CNBC that ‘it is certainly possible’ the number of delinquencies caused by the coronavirus outbreak could exceed the subprime mortgage crisis in some segments of the market.

The post These Mortgage Borrowers Will Be ‘the First Canary in the Coal Mine’ for a Coronavirus-Fueled Foreclosure Crisis, Regulator Says appeared first on Real Estate News & Insights | realtor.com®.

These Mortgage Borrowers Will Be ‘the First Canary in the Coal Mine’ for a Coronavirus-Fueled Foreclosure Crisis, Regulator Says

realtyexpertsReal Estate News

Federal Housing Finance Agency Director Mark Calabria told CNBC that ‘it is certainly possible’ the number of delinquencies caused by the coronavirus outbreak could exceed the subprime mortgage crisis in some segments of the market.

The post These Mortgage Borrowers Will Be ‘the First Canary in the Coal Mine’ for a Coronavirus-Fueled Foreclosure Crisis, Regulator Says appeared first on Real Estate News & Insights | realtor.com®.

Pending Home Sales Rise 2.4% in February—but the Coronavirus Outbreak Will Slow Real-Estate Activity for Months to Come

realtyexpertsReal Estate News

Before the coronavirus outbreak worsened in the U.S., every region in the country saw gains in contract signings for home purchases.

The post Pending Home Sales Rise 2.4% in February—but the Coronavirus Outbreak Will Slow Real-Estate Activity for Months to Come appeared first on Real Estate News & Insights | realtor.com®.