Another Federal Judge Rules Against the CDC’s Eviction Moratorium

Another federal judge has ruled against the CDC’s nationwide eviction moratorium. According to The Hill, U.S. District Court Judge Dabney Friedrich vacated a nationwide freeze on evictions that was put in place by the federal government last year and recently extended to June 30th. Click here to read more.

Biden Wants to Close Longtime Real-Estate Tax Loophole

It is often said that elections have consequences…here’s a good example: The Wall Street Journal is reporting that tucked into President Biden’s new $1.9 trillion spending package is a provision going after 1031 exchanges. Click here to read more.

Pending Home Sales Up 1.9%

The National Association of Realtors is reporting that pending home sales were up 1.9% in March, 2021. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) rose to 111.3. Click here to read more.

Denver to Require Long-Term Rental Licenses Under New Law

Beginning in 2024, landlords in Denver (Colorado) will be required to purchase long-term rental licenses for each of their properties under a new law unanimously approved by the Denver City Council in early May. Click here to read more. 

Construction Spending Up 0.2% in March

The U.S. government is reporting that total construction spending in March was at a seasonally adjusted annual rate of $1,513.1 billion, which is 0.2% above February’s revised estimate. Click here to read more.

What the Reapportionment Numbers Mean

In late April the U.S. Census Bureau released their state population counts form the 2020 census that will, among many things, be used to determine how many congressional seats and electoral votes each state receives. Click here to read more.

S&P CoreLogic Case-Shiller Index Up 12%

According to the latest S&P CoreLogic Case-Shiller Indices, covering all nine U.S. census divisions, the rate of home price increases reported a 12% annual gain in February, 2021. Click here to read more.

Zumper’s National Rent Report for May ’21

Rental information site Zumper recently released their monthly National Rent Report showing that their median national rent for 1-bedroom apartments was $1,245 (down 0.2%) and the median two-bedroom rent was $1,524 (down 0.7%). Click here to read more.

Rentable Says May Rent Prices on the Rise

Rentable says that the median nationwide rent price for one-bedroom units in April was $1,131 (up 0.62%) with two-bedroom units coming in at $1387 (up 0.36%). Click here to read more.

The Cost of the Pandemic Payouts to the U.S. Budget

Infographic: How much has the U.S. government spent responding to the Coronavirus pandemic? Howmuch.net reminds us that most Americans are well aware that federal spending during the COVID-19 pandemic has been very costly, but they’re not sure of “just how costly?” Click here to read more.