One plan put forth by lawmakers would give tenants 10 years to make up missed payments, while a separate bill would allow homeowners to postpone mortgage and auto loan payments for nearly a year.
Public health officials in six Bay Area counties and the city of Berkeley released new health orders Wednesday extending mandates to shelter in place through May 31, while relaxing restrictions around some outdoor businesses and recreation activities.
In this video, CalMatters housing reporter Matt Levin moderates a virtual discussion on what help is available for homeowners and renters struggling to make mortgage payments and rents, and what can be done to help homeless Californians while shelter-in-place orders are in effect.
NAR Research compiles the latest housing market data in this weekly monitor, based on what REALTORS® are seeing in their market, mortgage data, jobless claims, foot traffic, and the latest home sales numbers.
Demand for housing will likely soften as unemployment grows and household incomes decline. Moreover, thousands of homes have already been pulled off the market, affecting both potential buyers and sellers. Fewer housing units will also be produced in the short-term, possibly impacting housing affordability over the long run.
The California Department of Public Health today announced the most recent statistics on COVID-19. California now has 1,006 confirmed cases. For more information on COVID-19 and California’s response visit the California Department of Public Health website.
In recent days and weeks, a wave of closures, cancellations and postponements has unfurled as the COVID-19 pandemic has emerged. Those decisions — taken individually, totaled in the aggregate — have been stunning acts of solidarity, expressions of concern and collective responsibility for the health and well-being of our communities and our neighbors.
