It's getting increasingly difficult to find positive news for the Real Estate market...or the economy as a whole:

1. 80% of commercial tenants missed April Rent. May will be worse
2. 3 million residential mortgages are already in forbearance. Many will fall into foreclosure
3. Construction sites are quiet as more than 1,000 banks mark construction loans as "past-due". That's more than $100Bn of distressed loans.
4. Forced sellers in the mortgage market and a risk-off approach to new lending means that only the most well-qualified borrowers will secure new loans.

We are about to enter the best buying opportunity since the great recession. This is the new greater recession