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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California paying past-due rent for lower-income residents who fell behind during COVID-19 pandemic

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 …

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Mortgage Costs Grow 20 Times Faster Than Incomes

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 …

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National Apartment Association Suing for Industry Compensation

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 …

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