Rental Property

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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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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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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Depriving Americans of Home Ownership Could Be a Good Thing, Economist Says

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 …

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Eviction and Foreclosure Moratoriums Extended to July 31

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 …

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U.S. Home Rental Prices Hit Highest Level in 2 Years

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%, …

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