Blog

2020 Recession Stretches Income Inequality

02 November 2020
Mike Lembeck

The 2020 recession is impacting different income classes in divergent ways, leading some to label the current recession and recovery as K-shaped.

The Mask Debate Deepens

26 October 2020
Mike Lembeck

Could anyone had predicted one year ago that a major topic in Presidential debates and campaigns would revolve around mask-wearing? It has been that crazy of a year.

Class B and C Apartments Will Be Next to Face Headwinds

26 October 2020
Mike Lembeck

Fitch says that renters could relocate to more affordable suburban and Sunbelt markets as they seek more space.

Multifamily Late Loan Payments Uncharacteristically Spike in September

26 October 2020
Mike Lembeck

In September, late payments for agency loans rose to 1.4% from 0.46% in August. Non-agency late payments rose from 1.83% in August to 2.78% in September.

Apartment CMBS Delinquencies Could Lead to Increased Evictions

26 October 2020
Mike Lembeck

Currently, multifamily mortgage delinquency levels are up only slightly from pre-pandemic levels for both affordable housing and market-rate housing loans in CMBS transactions.

The Housing Market's 'Remarkable Comeback'

19 October 2020
Mike Lembeck

Even as businesses begin to reopen, the unemployment rate remains a cause for concern among economists. That makes for much fiscal uncertainty.

'Flurry of Lawsuits' Challenge CDC Eviction Moratorium?

19 October 2020
Mike Lembeck

When the White House made an announcement—by way of the Center for Disease Control and Prevention (CDC) and the Department of Health and Human Services (HHS)—that it would put a new conditional eviction ban in place, many housing-industry experts anticipated pushback from property owners. Then the court cases, such as a Virginia landlord's suit against the CDC, started to surface.

What Happens When Forbearance Programs Expire?

19 October 2020
Mike Lembeck

Moratoria and the CARES Act have effectively halted foreclosure activity—those filings are at an all-time low—but the numbers "are artificially low," analysts say. Some predict a significant "burst" once government programs expire.