10 SoCal real estate twists: coronavirus, skipping rent, buying slows

on Apr12
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Here are 10 must-read stories about the local real estate market from the Southern California News Group’s Home Stretch newsletter. To subscribe to the free, twice-weekly email publication, just CLICK HERE

Buying and Selling …

1. Will coronavirus outbreak slam U.S. home prices? Thoughts on lending from contributor Jeff Lazerson

2. Homebuying slumps in coronavirus era. Selling limits, scared buyers and sellers, make transactions tricky, at best.

3. Home purchases can be done while maintaining proper social distancing Thoughts on house-selling from contributor Leslie Eskildsen.

Rentals …

4. Landlords fear a flood of skipped payments. 31% of tenants haven’t paid April rent nationwide.

5. California courts won’t hear eviction cases. Judicial Council’s orders give tenants financial breathing room.

6. Will eviction moratorium work? Tenants, landlords battle over who’ll pick up the tab for skipped rent checks.

Commercial real estate …

7. Redlands: Ballot box loss puts mall site in doubt.

8. San Pedro: Waterfront development to be delayed by virus.

9. Malls values slashed in half by Wall Street. Will real estate stock losses spread?

And some good news …

10. SoCal gasoline dips below $3 a gallon. Cheap crude oil, less driving help explain the drop.

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