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Black Knight Says Nearly 2.2 Million Mortgages are Seriously Past-Due

Black Knight Says Nearly 2.2 Million Mortgages are Seriously Past-Due According to Black Knight’s “first look” report for November, 2020, mortgage delinquencies improved for the 6th consecutive month in November, falling to 6.33% from 6.44% in October.  In addition, Black Knight says while early-stage delinquencies have fallen back below pre-pandemic levels, seriously past-due (90+ days)

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Yardi Says Rents Declined Slightly in November

Yardi Says Rents Declined Slightly in November According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were down 0.5% year-over-year in November.  Interestingly, they point out that a “renter exodus” from gateway cities like New York, San Francisco, Washington D.C., Chicago, Boston and Los Angeles continues with these markets exhibiting larger

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