W. J. Mencarow

Major Landlords Sue L.A. for $100 Million over Eviction Moratorium

Published by Breitbart | August 10, 2021 GHP Management Corp. and several other companies owned by developer Geoffrey Palmer are suing the City of Los Angeles for $100 million over its eviction moratorium, saying the policy has resulted in massive losses to the firm. The suit further alleges that the plaintiffs cannot find help from banks, who …

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FORBES: Housing Boom Will End When Mortgage Rates Rise In 2022

Published by Forbes | July 27, 2021 There is no bubble to burst, though prices may retreat from panic-buying highs. The current housing boom will flatten in 2022—or possibly early 2023—when mortgage interest rates rise. There is no bubble to burst, though prices may retreat from panic-buying highs. The boom produced some frantic buying, bids …

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Real Estate Industry Spends Over $100M Lobbying Against Eviction Moratorium

Published by FOX Business | August 6, 2021 Democrats successfully pressured the administration to roll out another temporary moratorium. The real estate industry spent over $100 million lobbying Congress during the coronavirus pandemic against eviction moratoriums. The country’s largest real estate industry group, the National Association of Realtors (NAR), spent more than $84 million last year challenging the …

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Landlords Sue CDC Over Extension of Eviction Moratorium

Published by The New American | August 6, 2021 Since the beginning of the pandemic, the government has effectively stripped landlords from their property rights by banning them from collecting rent or evicting a tenant who refuses to pay it. Trade groups representing property owners filed a lawsuit to block a new federal eviction moratorium …

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Doubts Surround Legality of New Temporary Eviction Ban

Published by Newsmax | August 4, 2021 The new order protects renters only in parts of the country where there is significant COVID-19 transmission, though in practice it initially covers areas where 90% of the U.S. population lives. President Joe Biden may have averted a flood of evictions and solved a growing political problem when …

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Biden Administration Announces New Eviction Moratorium

Published by FOX Business | August 4, 2021 The two-month moratorium expires Oct. 3rd The Biden administration on Tuesday announced a new ban on evictions for many renters just days after the White House allowed a nationwide moratorium to expire, infuriating progressive House Democrats who warned that millions of Americans could lose their homes. Officials at …

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Sixth Circuit Rules CDC Eviction Moratorium Is Unconstitutional

Published by The Tennessee Star | July 27, 2021 The court said in its ruling that the matter ultimately needed to be resolved by Congress. The Sixth Circuit Court of Appeals unanimously ruled that the national eviction moratorium mandated by the U.S. Centers for Disease Control and Prevention (CDC) is unconstitutional. The court said in …

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Home Bidding Competition Eased in June as Buyers Become Fatigued

Published by FOX Business | July 14, 2021 Sarasota, FL and Charleston, SC are still facing the greatest competition The cut-throat competition to snag a home in the U.S. housing market has finally started to ease from pandemic highs. In June, 65% of offers written by Redfin agents faced bidding wars, down from 72.1% in May and well …

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White House Unveils New Measures to Stave Off Foreclosures

Published by FOX Business | July 23, 2021 Pandemic relief programs for homeowners are set to expire in coming weeks, months The Biden administration has unveiled plans to expand aid for homeowners with government-backed mortgages, an effort to stave off a wave of foreclosures for Americans who fell behind on payments during the coronavirus pandemic. …

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