4 states lift eviction ban; renters left with weaker federal protections

Four states have lifted their eviction bans, leaving struggling renters in these regions with only the federal government’s narrower protections for a few more weeks. State governments in Connecticut, Kentucky, North Carolina and Oregon allowed their eviction measures to expire at the end of June. The Centers for Disease Control and Prevention’s eviction moratorium remains … Read more

US Supreme Court denies Realtors’ request to lift CDC eviction ban

Justice Brett Kavanaugh said the federal agency exceeded its authority but ban’s current July 31 expiration date would allow for ‘more orderly distribution’ of rental assistance funds. On Tuesday, the U.S. Supreme Court denied a request from two Realtor associations asking the court to lift a nationwide eviction moratorium put in place by the Centers … Read more

Renters were already feeling better. Then the eviction ban was extended

A new Zillow analysis found renters were growing more confident even before the government extended its moratorium on evictions through July. The number of tenants behind on rent has declined in recent months, and fewer believe they are at risk of eviction, according to a Zillow analysis released Thursday. Before the federal government extended its … Read more

DC appeals court reinstates nationwide eviction ban

The battle over the nationwide eviction moratorium continues. A month after Judge Dabney L. Friedrich vacated the moratorium, the D.C. Circuit Court of Appeals upheld the Centers for Disease Control and Prevention’s legal right to extend the ban to properties outside of the federal government’s purview. “[The Department of Health and Human Services] has demonstrated … Read more

Pending-home sales take 4.4% hit in April

Pending-home sales dropped 4.4 percent in April from the month before to a Pending Home Sales Index (PHSI) of 106.2, according to a report released on Thursday by the National Association of Realtors (NAR). The index is an indicator of future home sales based on contract signings. An index of 100 represents the level of … Read more

Florida Realtors bring new challenge to federal eviction ban

The CDC is facing another legal challenge of the federal agency’s nationwide eviction moratorium, this time from the Florida Association of Realtors, which claims the agency lacks the authority to be “the nation’s landlord-in-chief.” The Centers for Disease Control and Prevention are facing another legal challenge of the federal agency’s nationwide eviction moratorium, this time … Read more

Is the inventory dam about to burst?

As you probably know, prices for wood, steel, copper and other building materials are soaring. On May 12, the annual rate of inflation jumped to from 0.8 percent in March to 4.2 percent in April. Couple these facts with the end of COVID-19 mortgage forbearance, the end of the eviction ban, plus the oldest baby … Read more

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