Real estate transactions fell to one-third of their 2019 rate during the second quarter of 2020.
Pimco’s CEO opined that “the days of inflation we remember are gone.”
Delinquencies on U.S. home loans surged by 1.6 million in April, the biggest one-month gain ever.
The world’s biggest real estate investors are sitting on piles of cash, preparing for once-in-a-lifetime opportunities.
He’s seeking a combined $39.5 million for the Bel Air properties.
Pending home sales are leading indicators of housing activity.
Buildings that bustled with diners, drinkers and shoppers just weeks ago have gone quiet.
He also said the Trump administration’s stimulus plan may lead to graft and spur resentment against Wall Street.
Robinhood's outages are creating a crisis in confidence in the commission-free trading app.
Fels joins a growing number of analysts sounding alarms about the seriousness of the coming downturn.