Rental Property

CDC Will Extend National Eviction Ban Through June 30

Published by CNBC | March 29, 2021 The Centers for Disease Control and Prevention has extended the national ban on evictions through the end of June. “The COVID-19 pandemic has presented a historic threat to the nation’s public health,” CDC director Dr. Rochelle Walensky said in a statement. “Keeping people in their homes and out …

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New York Landlord Homeless, Unable to Evict ‘Deadbeat’ Tenant

Published by Fox News | March 13, 2021 Sharita Patterson allegedly owes $14,700 in back rent, but bought a new car during the pandemic. A Brooklyn homeowner unable to evict an allegedly deadbeat tenant because of new state housing laws claims she has been forced to live in her car for weeks. Shawna Eccles, 30, says in court papers …

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CDC Considers Extending Eviction Protection for Renters

Published by Newsmax | March 27, 2021 The CDC announced a ban on evicting struggling renters during the pandemic last September. The Centers for Disease Control and Prevention recently sent a proposal to the Office of Management and Budget for regulatory review, which experts say indicates the administration will extend the order. The CDC announced a …

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Renters and Biden’s $15,000 homebuyer tax credit

Published by Housing Wire | March 16, 2021 Unintended consequences could send home prices up even further The housing industry has been keeping a keen eye on President Joe Biden’s proposed $15,000 homebuyer tax credit for first-time homebuyers. But just how many people would actually benefit from it? According to a report from Zillow, about 9.3 million renter …

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Omar Pitches National Cancellation of Rent and Mortgage Payments Until April 2022

Published by The Washington Examiner | March 11, 2021 Rep. Ilhan Omar (D-MN) introduced a bill that seeks to cancel rent and mortgages nationwide through the duration of the coronavirus pandemic. The Rent and Mortgage Cancellation Act would allow for full payment forgiveness, with no accumulation of debt for renters or homeowners and no negative impact on …

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Top Markets Where It Makes the Most Sense To Rent vs. Buy

Published by REALTOR.com | March 2, 2021 In more than 15 of the 50 largest metros, buying a home was as—or more—affordable than renting in January 2021, according to a recent Realtor.com report. Since the coronavirus pandemic took the shine off expensive (and cramped!) urban living, rents have tanked in some of the nation’s top …

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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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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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