Smart Money Loans & Properties

We will have the PPP loan when available. Here is what to expect....https://ny.eater.com//covid-restaurants-stimulus-package-i

The fragility of major cities and their tax base. How the pandemic changes everything with just a handful of residents. https://www.bloomberg.com//what-happens-when-the-1-move-to

The migration is mostly from the Bay Area. Interesting read....https://www.biggerpockets.com//should-real-estate-investor

The changes coming to Costa Verde...

Local Solana Beach Company to transform the waterfront. Sweet...

While the residential market continues to soar, commercial has fallen off a cliff. Multi family has made up the majority of the volume with hospitality virtually frozen. .https://www.scotsmanguide.com//commercial-deal-volume-down

So much for a stock market crash if Biden is elected. No worries on Wall St. https://www.wsj.com//kamala-harris-has-taken-on-wall-stree

https://www.forbes.com//five-big-ideas-to-narrow-the-rac/

The spike is mainly on the east coast with NY, NJ and CT bearing the brunt. Texas, Colorado and California have the counties with the lowest rates of delinquencies in the nation.

Current foreclosure rate in San Diego is 0.09%. Prices continue to rise due to short supply and although forbearance and the delinquency rate are both up, the Covid-19 housing challenge bears little resemblance to the Great Recession.

Covid-19 related forbearance continues to rise

Here is a useful resource link for local and national programs available during the crisis for businesses in need.

Need cash for your business? Quick- non secured....

List was $48M in January 2019 . Sold March 2020 for $43M. Looks like the coastal luxury market is holding, given a few extra days on market...

May be time to add a bit of glitter to your little pink houses...

Smart Money supports the San Diego Angel Conference (SDAC) and congratulates all off the winners!!