Zoom this evening 6:30-7:30pm, Friday September 4, 2020
Mike Hurney is inviting you to a scheduled Zoom meeting.
Topic: What do do about the CDC Eviction Moratorium? Contractor Licensing & Insurance Important? MassSave incentives...
Time: Sep 4, 2020 06:30 PM Eastern Time (US and Canada)
Join Zoom Meeting
Meeting ID: 827 0153 2951
What do do about the CDC Eviction Moratorium 9/4/2020 - 1/1/2021?
Contractor Licensing & Insurance, Important?
Local Market Update & Of course, You: Haves and Wants!
Weekly Update 9/4/20
CDC to Order Temporary Halt in Nationwide Evictions to Prevent the Further Spread of COVID-19 The Center for Disease Control and Prevention is planning to temporarily halt residential evictions nationwide for individuals earning less than $99k/year to prevent the Coronavirus from spreading, according to an unnamed senior administration official.
Oppose the CDC's Eviction Moratorium!
The September 4th Nationwide Eviction Moratorium launched by the Centers for Disease Control and Prevention is an absolute over-reach and in direct contrast to the state-by-state and county-by-county approach of the Trump Administration and at direct odds to the successful prevention techniques being utilized throughout the country. Click here to read more.
HUD & FHFA Extend Foreclosure & Eviction Moratoriums through 2020 The U.S. Department of Housing & Urban Development (HUD) announced in late August that they were extending their moratorium on foreclosures and evictions through December 31, 2020.
Pending Home Sales Up 5.9% in July The National Association of Realtors is reporting that pending home sales jumped 5.9% in July - marking three consecutive months of increases.
Share of Multifamily Built-for-Rent Reaches New High The NAHB's Eye on Housing recently took a look at multifamily construction data from the U.S. Census Bureau to reveal that market share of multifamily construction starts increased to 96% during Q2, 2020.
New Home Sales Up 36% from 2019 The U.S. Government is reporting that sales of new single-family houses in July, 2020 were at a seasonally adjusted annual rate of 901k, which is 13.9% higher than June's revised rate, and is 36.3% higher than one year ago.
Construction Spending Up Slightly in July The U.S. government is reporting that total construction spending in July was at a seasonally adjusted annual rate of $1,364.6 billion, which is 0.1% above than June's revised estimate. However, July's figure was 0.1% lower than July, 2019.
Zumper's National Rent Report for September 2020 Rental information site Zumper recently released their National Rent Report for September, 2020 showing that their median national rent for 1-bedroom apartment was $1,233 (same as August) and the median two-bedroom rent was $1,490 (down 0.3%).
ABODO Says Rents Begin to Accelerate Painfully Slow National apartment listing site ABODO recently reported that the median nationwide rent price for one-bedroom units in August was $1,109 with two-bedroom units coming in at $1,358. ABODO says apartment prices continued to exhibit sleepy upward movement.
Labor Day 2020 Infographic: While Labor Day weekend traditionally marks the unofficial end of Summer, the Coronavirus has made 2020 a year like no other. We sincerely hope you were able to enjoy this past summer season and whatever good weather it has left.
6:30pm Tuesday, August 25, 2020
Market Update, (we've got an indicator of a Slowdown coming...) Construction projects Update (tough to get Workers? try this...) Legislative Activity:-( & YOU: your haves, wants & needs...