Michigan Supreme Court Decision Delivers Win for Man Who Had His House Stolen Over $8 Tax Debt
By David Deerson “You have a situation where people owe eight dollars and they lost their house. How is that equitable?” In a recent unanimous…
Housing
In Unprecedented Move, CDC Halts Most Rental Evictions Until End Of 2020
By Tyler Durden In an unprecedented move on Tuesday, with Congress unable to reach a common ground on virtually any stimulus extension, the Centers for…
Mortgage Delinquencies Soar To Decade High
By Tyler Durden Readers may recall last week we outlined the dam of pent up mortgage delinquencies continued to crack, with the share of delinquent Federal Housing Administration’s…
250,000 Las Vegans Face Eviction Next Month
By Tyler Durden Las Vegas is expected to become one of the focal points of the eviction crisis as nearly a quarter-million people could be removed from…
Delinquent FHA Mortgages Soar By Record 60% To All Time High, As Homeowner Budgets Implode
By Tyler Durden Last month we quoted from Wolf Richter to remind readers of something we discussed several months ago when we went over the…
Government Solutions Are Worse Than The Problem
By Michael Maharrey Government sucks you in by promising to fix the problems that it created in the first place. And it almost always makes…
Mortgage Mayhem Begins: Overall Delinquency Rates Soar As Housing Crisis Lurks
By Tyler Durden Readers may recall as early as April we outlined how mortgage lenders were preparing for the most significant wave of delinquencies in history…
40 MILLION Americans Could Be Homeless Soon, With “Catastrophic” Impact On Rest Of Economy
By Elias Marat As the United States continues to struggle with growing coronavirus infections and varying degrees of local lockdowns, relief measures from the first…
“Like Nothing We’ve Ever Seen” — Imminent Eviction Wave Is Coming To These States
By Tyler Durden The eviction moratorium expired last Friday nearly four months after the US economy effectively shutdown due to the covid pandemic, and more than 12…
Eviction Moratorium Expires Today, Putting Millions Of Renters At Risk
By Tyler Durden The Federal Housing Administration (FHA) was able to stop evictions of renters during the coronavirus pandemic. The Coronavirus Aid, Relief, and Economic Security Act (CARES)…
New Flyer: 4G and 5G Small Cell Towers Reduce Property Value BIG TIME
By B.N. Frank According to real estate agents, cell towers and antennas have always reduced property value. Thanks to the folks at 5G Crisis for…
“Tsunami” of Evictions Could Make 28 Million Americans Homeless This Summer Alone
By Elias Marat With the pandemic continuing to sink its claws into the United States, economic conditions have also failed to improve for millions of…
Abandoned Malls Are Now Being Turned Into Hybrid Apartment Housing
By Tyler Durden Over the last couple of years, we have been extensively documenting the hastening trend of abandoned malls around the country. As brick…
Thinking About Downsizing? Here Are Top Most Popular States For Tiny Home Living
By Tyler Durden Most Americans aren’t prepared for an extended slowdown in the economy. To prepare, one must cut expenses, build savings, and even downsize. There’s…