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BREAKING: Federal Judge Vacates CDC Eviction Moratorium

Many have been saying that the CDC had no authority to impose a nationwide eviction moratorium. Yesterday a federal judge agreed. Judge Dabney Friedrich of the United States District Court for the District of Columbia entered an Order vacating the moratorium, ruling that the CDC the CDC overstepped its statutory authority. The CDC issued an order in September barring landlords …

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NAR Concerned About Tax Hikes in Biden’s Jobs Plan

Uncategorized / By W. J. Mencarow

Published by REALTOR Magazine | April 29, 2021 President Joe Biden addressed a joint session of Congress for the first time on April 26th to outline his American Families Plan, the second half of an ambitious infrastructure agenda focused on social programs that Biden would pay for with a host of tax increases. NAR President …

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First-time Homebuyers Are Getting Outbid by Big Companies

Rental Property / By W. J. Mencarow

The following is an except of an article published by Florida Realtors on April 23, 2021 Landlords, large and small, are lining up to buy homes as investment properties. Home shoppers aren’t just competing against each other in bidding wars these days. Landlords, large and small, also are lining up to buy homes to use …

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Despite Moratorium, Foreclosure Activity on Steep Incline

Covid-19 / By W. J. Mencarow

Published by REALTOR Magazine | April 19, 2021 Foreclosure filings in March rose 5% compared to the previous month. Some housing analysts have grown concerned about what will happen to the real estate market when temporary foreclosure moratoriums are lifted. Will it spark a wave of new foreclosures and lead to a crisis? Already, foreclosure …

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Texas Supreme Court Ends Enforcement Of National Eviction Moratorium Statewide

Covid-19, Rental Property / By W. J. Mencarow

Published by the Texas Standard | April 2, 2021 Local judges are no longer authorized to pause eviction cases because of the CDC moratorium. Housing courts in Texas are no longer authorized to halt evictions in compliance with a national moratorium, after the Texas Supreme Court this week let statewide protections for renters expire — …

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FORBES: Why Real Estate Insurance Premiums Are On The Rise

Uncategorized / By W. J. Mencarow

Published by Forbes | April 13, 2021 Renewal increases have jumped 20% year-over-year If you’re a real estate owner or investor, you may have noticed a significant increase in insurance costs compared to previous years. In fact, renewal increases have jumped 20% year-over-year, according to Q3 2020 data from Marsh’s Global Insurance Market Index, a …

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Landlords Seeking Millions from Real Estate Attorney who Disappeared

Uncategorized / By W. J. Mencarow

Published by The Real Deal | April 8, 2021 Lawsuit, judgments of confession filed against Mitchell Kossoff Three more landlords have come forward with claims that real estate attorney Mitchell Kossoff owes them hundreds of thousands of dollars. Kossoff, the managing partner of Kossoff PLLC, has been unreachable by his partners at the firm and …

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Some States Will Pay Home Buyers’ Student Loans

Mortgages / By W. J. Mencarow

Published by REALTOR Magazine | April 16, 2021 There are eligibility requirements and caps that young pros will have to meet. Young professionals on the hunt for a new location may find incentives from states—even offers to pay off their student loan debt in exchange for purchasing a home. Illinois and Maryland recently launched “SmartBuy” …

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Freddie Mac: The U.S. is 3.8 Million Homes Short

Uncategorized / By W. J. Mencarow

Published by REALTOR Magazine | April 16, 2021 The 3.8 million shortfall marks a 52% increase in the housing shortage since 2018. The U.S. housing market needs nearly 4 million single-family homes to meet the nation’s demand, according to a new analysis from Freddie Mac. The 3.8 million shortfall marks a 52% increase in the …

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Big Money Funds Invest in Single-Family Homes; Biden Plans to Build 2 Million Homes and Apartments

Covid-19 / By W. J. Mencarow

Published by Breitbart | April 9, 2021 President Joe Biden has revealed a $2.25 trillion dollar infrastructure proposal to build two million homes and apartments while big money funds are quickly scooping up nearly all available single-family homes. According to the Hill, Biden’s proposal to build such housing “would spend four times the entire Department of Housing and …

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