TX Federal Judge Rules That National Eviction Moratorium is Unconstitutional

Published by Yahoo! News | February 26, 2021 Barker sided with the landlords and property owners, saying the national moratorium encroached on states’ rights. A federal judge has ruled that the national moratorium on evictions instituted by the Centers for Disease Control and Prevention is unconstitutional. U.S. District Judge John Barker did not issue an …

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Federal judge blocks CDC’s national eviction moratorium

Feb. 26, 2021 — A federal judge has delivered a potential blow to the national eviction moratorium. J. Campbell Barker, federal district judge for the Eastern District of Texas who was nominated by President Trump, ruled that the powers granted to the federal government in the Constitution to regulate interstate commerce does not give it the …

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RealtyTrac: There’s a Greater Chance Landlords Will Default

Originally published by Florida Realtors | February 17, 2021 4 Florida counties made the top 25 for increased risk of landlord default, mostly due to an eviction ban that made it harder for some owners to pay the property’s mortgage. A RealtyTrac analysis finds that single-family rental property owners face an above-average risk of default …

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Borrowers With Fannie Mae, Freddie Mac Mortgages Can Get Additional Forbearance

Originally published by REALTOR.com | February 10, 2021 Homeowners must already be in forbearance on their mortgage by Feb. 28 to qualify for the three-month extension. The Federal Housing Finance Agency is extending the length of time that borrowers can be in a COVID-related forbearance on mortgages back by Fannie Mae and Freddie Mac. Originally, …

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Political Power Shift Could Generate Changes in the U.S. Luxury Housing Market

Originally published by REALTOR.com | February 16, 2021 Political actions have both a direct and an indirect impact on the housing market. There’s a new political party in charge in Washington, D.C., one that hopes to make some big changes in the U.S. economy, including tax reform. While the initial priorities of the Biden administration …

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President Biden extends mortgage relief, ban on home foreclosures through June

Published by USA Today on February 16, 2021 The foreclosure moratorium was set to expire March 31 and is now in place through June 30. President Joe Biden on Tuesday extended a ban on home foreclosures for federally backed mortgages by three months and expanded a mortgage relief program in a push to stabilize the nation’s housing affordability crisis amid the COVID-19 pandemic. The foreclosure moratorium was set to …

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Looking for a Pandemic Bargain? Where Rent Prices Have Fallen the Most

Published by REALTOR.com | February 1, 2021 Since COVID-19 shut down just about every perk that makes living in a teeny, overpriced urban studio apartment even remotely worth it, there’s been a whole lot of talk of a mass exodus from the big, expensive cities. After all, the thinking goes, if you’re jonesing for more elbow …

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Housing Supply, Affordability Key in 2021

Published by FloridaRealtors.org | February 4, 2021 ORLANDO, Fla. – Homebuilding experienced “a surprise year of growth” in 2020 despite the pandemic, but new home construction this year will be constrained by supply-side factors like higher lumber costs, a shortage of lots and regulatory issues, according to Dr. Robert Dietz, chief economist and senior vice president …

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