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Author Archives: Chuck Green

Chuck Green has contributed to the Wall Street Journal, Washington Post, Los Angeles Times, San Francisco Chronicle, Chicago Tribune and others covering various industries, including real estate, business and banking, technology, and sports.

Strong Price Growth Creates Record-Level Property Equity

It seems COVID-19 and its economic toll hasn’t managed to crimp the housing industry as home prices parachute unabated and home equity grows, according to a report from CoreLogic.com. Between Q3 2019 and Q3 2020, cumulative equity gains hit $1 trillion, ...

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COVID-19 Exacerbates Low-Income Households’ Cost Burdens

money, cash, dollar

COVID-19 is having an especially pronounced impact on the affordability of housing among low-income individuals, according to a survey from Harvard University's Joint Center for Housing Studies. The newly released American Community Survey shows an ongoing downshift in cost burdens ...

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Foreclosure Moratoria and the Distressed Auction Market

house, home, housing, residential

Despite widespread foreclosure moratoria, completed foreclosure auctions are percolating, the Q4 Distressed Market Outlook from Auction.com shows. While remaining below 78% below year-ago levels, there was a 24% uptick of completed foreclosure auctions to a six-month high in September. That ...

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The Suburbs’ Changing Demographics

Over the last decade, U.S. suburbs have become more racially and ethnically diverse—not to mention more Democratic, according to Redfin.com. To get a better handle on this transition, the company studied data from the U.S. Census, along with Redfin’s housing ...

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Fannie Mae Recognized as a Top Company for Inclusion

business meeting handshake corporate

Fannie Mae was named a top company for inclusion by the National Business Inclusion Consortium, a coalition formed by the National LGBT Chamber of Commerce, according to Fannie Mae. This year’s fifth annual “Best-of-the-Best Corporations for Inclusion” cohort features corporations ...

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Social Welfare Group Pushes for Immediate Pro-Housing Policy

Housing equality—along with vanquishing systemic barriers and the creation of additional homes—is front and center for a campaign called Up for Growth Action, a 501(c)(4) federal pro-housing legislative advocacy campaign pushing for pro-housing policies at the federal level, according to ...

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The American Housing Industry’s Biggest Challenges

house, home, housing, residential

Historically low interest rates and sustained strength in numerous economic sectors have helped jump the for-sale housing market this year. However, the housing industry is bearing a particularly harsh brunt of COVID-19—especially in terms of a scarcity of affordable rental ...

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Agents Embrace Effort to Expand Private Flood Insurance

flooding

A life preserver of sorts will be available to homeowners submerged in the troubling waters of flooding, according to the National Association of Realtors— that is thanks to action the Federal Housing Administration (FHA) announced last week, related to the ...

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U.S. Workforce Slowly Recovering with More Jobs

There appears to be a bit of bounce in the step of economic activity in the U.S. as total nonfarm payroll employment spiked by 638,000 in October, coupled by a 6.9% drop in the unemployment rate, according to the U.S. ...

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Digital Transactions: A Matter of Business Survival

tech

In the midst of the pandemic and economic turmoil, seamless digital transactions will be at the epicenter of business survival, according to a study by the Economist Intelligence and Transunion. Whether companies thrive or fold will hang on providing consumers ...

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