Mortgage Delinquencies Surge To Nine-Year High
By Tyler Durden The worst is yet to come for the real estate market as home-mortgage delinquencies surged to their highest level in nine years…
Housing
30% Of Americans Didn’t Make Their Housing Payment In June
By Tyler Durden A stunning 30% of Americans didn’t make their housing payment for June – a figure that is likely going to ripple through…
Nearly Half Of Americans Consider Selling Home As COVID Crushes Finances
By Tyler Durden As the virus pandemic has metastasized into an economic downturn, tens of millions of Americans have lost their jobs and are struggling to…
Wealthy Homeowners In “Mad Rush” To Flee San Francisco
By Tyler Durden “There’s a mad rush to get out of the city,” said Ginger Martin, a real estate agent with Sotheby’s who concentrates on…
Housing Market Outside New York City Booms As City Dwellers Flee
By Tyler Durden While observing national housing trends, we have recently found wealthy Americans – and anyone else who has the economic mobility – are…
As U.S. Cities Crumble, Demand For Rural And Suburban Properties Is Soaring
By Michael Snyder Have the events of 2020 caused you to consider moving somewhere else? If so, you are definitely not alone. The COVID-19 pandemic,…
Automated Construction: Brick Laying Robot Lays 200 Concrete Blocks Per Hour
By Aaron Kesel A brick-laying robot named Hadrian X can lay 200 concrete blocks per hour, with another A.I. – Hadrian 112 – attempting to…
Third Of Renting Americans Worried About Next Payment As “Recovery” Hopes Fade
By Tyler Durden An alarming number of Americans are having trouble making rent payments amid a period of high unemployment and an unfolding depression across…
After State Killed 275k Jobs Over COVID-19, Sheriff Now Evicting Residents Who Can’t Pay
By Matt Agorist Oklahoma City, OK — Since March, unemployment across the country has reached record and potentially catastrophic numbers. In the entire country, a…
“Tidal Wave” Of Delinquent Mortgages Set To Surpass Great Recession
By Tyler Durden With nearly 4 million homeowners in some type of mortgage forbearance plan – representing 7.54% of all mortgages, delinquencies are set to…
Every Landlord Needs To See This Shocking Chart Before May 1st
By Tyler Durden Last week we identified a potential rent strike brewing among the working poor in New York City. Many of these folks are planning to…
Nearly 2 Million Struggling Homeowners Apply For Assistance As Forbearance Explosion Paints Dire Picture
By Tyler Durden With unemployment claims hitting nearly 17 million over the last three weeks, the number of Americans applying for the government’s mortgage forbearance…
Over 30% Of US Renters Didn’t Pay April Apartment Rent
By Tyler Durden Landlords across the country have been left in the lurch after nearly one-third of apartment renters in the US didn’t pay any…
Americans Not Making Their Mortgage Payments Soar By 1064% In One Month
By Tyler Durden Earlier today we reported that the “The Liquidity Crisis Is Quickly Becoming A Solvency Crisis“, and nowhere is this more true than…