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 …
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 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 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 »
Published by FOX Business | June 17, 2021 Realtor.com said the uptick bolsters the notion that ‘rents have fully recovered’ in most big cities Home rental prices, which dropped in many U.S. cities throughout the coronavirus pandemic, have reached their highest level in about two years. As of May 2021, the median national rent reached $1,527, up 5.5%, …
U.S. Home Rental Prices Hit Highest Level in 2 Years Read More »
Published by The Hill | June 2, 2021 A federal appeals court in Washington, D.C. denied a request by a group of landlords to resume evictions. The ruling from the D.C. Circuit Court of Appeals is the latest twist in a multifront legal challenge to the eviction freeze that was enacted by federal public health …
Appeals Court Rejects Bid by Landlords to Resume Evictions Read More »
Published by Forbes Real Estate Council | May 13, 2021 If you are an investor interested in growing your multifamily portfolio, this second quarter of 2021 brings together three factors that create a perfect storm for leveraging your equity to buy additional properties. Equity is not static. At a simple level, the equity you have …
FORBES: A Perfect Storm To Leverage Equity For Acquisitions Read More »
Published by The Washington Post | May 5, 2021 Court rules agency lacks legal authority to impose it Many have been saying that the CDC had no authority to impose a nationwide eviction moratorium. Yesterday a federal judge agreed. “The pandemic has triggered difficult policy decisions that have had enormous real-world consequences. The nationwide eviction …
BREAKING: Federal Judge Vacates CDC Eviction Moratorium Read More »
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 …
First-time Homebuyers Are Getting Outbid by Big Companies Read More »
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