Market snapshot: California

A ban on construction in the Bay Area, rent strikes in San Diego and new buildings left vacant in San Pedro all as real estate is deemed ‘essential’ across the state of California. Continue reading

Coming days will be ‘a trying time’ for real estate professionals

Thad Wong, co-founder of @properties, said during an Inman Town Hall Thursday that there may be ‘sheer havoc’ in the short-term. Continue reading

What should landlords do when tenants can’t pay rent?

The number of people who have filed for unemployment in the past few weeks is approaching 10 million. This week, many of those people also had to pay rent. Continue reading

Fear and uncertainty is mutual among renters and landlords: Poll

A vast number of renters have lost their jobs during the pandemic, according to a new survey of more than 2,700 landlords and 7,300 renters. Continue reading

Mortgage applications surge along with refis

Mortgage applications activity increased by 15.3 percent and the refinance index increased 26 percent during the week ending March 27. Continue reading

Inman’s state-by-state guide to evictions, rent and foreclosures

Rent and mortgage payments are due. Different states have different strategies for people who can’t pay during the pandemic. We’re updating this post as the situation evolves. Continue reading

California Realtors group lays out agent aid programs

Agents and brokers can now get loans and payments akin to unemployment insurance thanks to a bill lawmakers passed last week. Continue reading

Cheesecake Factory says no to rent at 294 locations. Socialists applaud

Thanks to pandemic-related closures, the company said it doesn’t have enough to pay landlords in April. Jokes about a caramel-drizzled revolution ensued. Continue reading

Major banks agree to mortgage grace period in California

Gov. Gavin Newsom announced Wednesday that Wells Fargo, Citibank, JP Morgan and U.S. Bank would give homeowners a 90-day grace period. Continue reading