Published by FOX Business | July 14, 2021 Gov. Gavin Newsom said more than $1 billion has already been requested Lower-income Californians who fell behind on their rent payments during the COVID-19 pandemic may now receive 100% of their past-due rent in full and even a few months’ worth of upcoming rent, under a new $5.2 billion program launched …
Published by REALTOR® Magazine | July 13, 2021 Housing affordability continues to decline as the hot real estate market fuels skyrocketing prices. Incomes aren’t keeping pace with the higher prices. The median family income rose by 1.2% in May while the monthly mortgage payment jumped by 20%, according to the National Association of REALTORS®’ Housing …
Mortgage Costs Grow 20 Times Faster Than Incomes Read More »
The following is a letter from Robert Pinnegar, CAE, President and CEO of National Apartment Association | July 15, 2021 The National Apartment Association (NAA) will soon file a lawsuit against the federal government seeking compensation for business losses suffered under the unlawful U.S. Centers for Disease Control and Prevention’s (CDC) eviction moratorium. The CDC’s protracted moratorium is financially damaging rental housing providers and violating rights guaranteed …
National Apartment Association Suing for Industry Compensation Read More »
Published by REALTOR Magazine | July 6, 2021 Investors are discovering greater interest in their short-term vacation rentals According to a Trip Advisor survey from this spring, more than two-thirds of Americans said they plan to travel this summer. Occupancy rates surged 21% in May compared to pre-pandemic levels from May 2019, according to AirDNA, …
Published by Breitbart | June 29, 2021 Home prices in April jumped 14.6 percent compared with a year ago Home prices in April jumped 14.6 percent compared with a year ago, up from a 13.3 percent rise in March, according to an updated report by the S&P CoreLogic Case-Shiller National Home Price Index. This is …
Published by Breitbart | June 29, 2021 Democrats plan to federalize local zoning laws within the infrastructure reconciliation package to displace single-family homes with high-rise, low-income apartments The reconciliation package plans to implement the destruction of the suburbs via a measure within the package called the “HOMES Act,” which attempts put the federal government in charge of …
Democrats to Federalize Local Zoning Laws, Displace Single-Family Homes Read More »
Published by Breitbart | June 20, 2021 Rental nation? The American dream of home ownership should be replaced by corporate investors snapping up houses and turning them into rentals, one economist is proposing. Karl W. Smith, an adjunct scholar with the Tax Foundation and Bloomberg columnist, believes that scenario could be positive, even if he doesn’t address …
Depriving Americans of Home Ownership Could Be a Good Thing, Economist Says Read More »
Published by The New York Post | June 29, 2021 The Supreme Court has ruled that a moratorium on evictions imposed by the Centers for Disease Control and Prevention due to the coronavirus pandemic can remain in place through the end of July. The Court ruled 5-4 to reject a request by a group of …
Supreme Court Leaves CDC Eviction Ban in Place Through July 31 Read More »
Published by Forbes | June 23, 2021 According to every available measure, median home sales prices in the U.S. are at a record high, and they show little signs of cooling off. To some, this brings back memories of the real estate debacle of the 2000s, and they wonder if this bull market will end …
FORBES: 3 Reasons Why The Real Estate Market Boom Is Not A Bubble Read More »
Published by Florida Realtors | June 24, 2021 The CDC extended the federal eviction moratorium for another month, from June 30 to July 31, further frustrating landlords. However, CDC also said it’s likely that this new deadline will be the last one. FHFA also announced that its foreclosure moratorium was extended to July 31. The …
Eviction and Foreclosure Moratoriums Extended to July 31 Read More »
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