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California Has 0.2% Decrease In Homeownership Since 2010

California Has 0.2% Decrease In Homeownership Since 2010

Mike LaFirenza The COVID-19 pandemic created divergent fortunes for different parts of the income scale, and housing provides some of the starkest examples. Low-income earners were more likely to lose their jobs or have hours cut back and as a result relied more on government stimulus measures like direct payments, expanded unemployment benefits, eviction moratoriums, […]

California Has 2nd Lowest Homeownership Rate In U.S.

California Has 2nd Lowest Homeownership Rate In U.S.

Mike LaFirenza Income inequality has been a major social, political, and economic issue since the Great Recession, and the uneven effects of the COVID-19 economy has only made the gaps between America’s haves and have-nots even starker. These divergent economic fortunes will continue to have a major effect on housing in the U.S. During the […]

California Has The 13th Most Residents Behind On Mortgage Payments

California Has The 13th Most Residents Behind On Mortgage Payments

After a year and a half of the COVID-19 pandemic, many of the policies put in place to protect homeowners and renters are coming to an end, and this fall could see a wave of foreclosures and evictions as a result. From early on in the pandemic, policymakers enacted measures to protect renters and homeowners […]

SCAM ALERT | COVID-19 Mortgage Forbearance Warning

SCAM ALERT | COVID-19 Mortgage Forbearance Warning

VENTURA, California – District Attorney Gregory D. Totten warned today that county residents should be extra vigilant about mortgage, forbearance, and loan modification scams as financial predators seek to exploit the current COVID-19 pandemic. As a result of the economic fallout from the COVID-19 virus, last month alone, mortgage forbearance requests increased by approximately 2000 […]