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Despite Pleas from Landlords, Los Angeles Extends Ban on Evictions

Despite Pleas from Landlords, Los Angeles Extends Ban on Evictions Los Angeles’ Channel 7 (KABC) is reporting that, despite pleas from frustrated landlords, the Los Angeles City Council voted 11-1 in late July to extend the city’s emergency declaration allowing their eviction moratorium to continue indefinitely.  KABC also said landlords say they are just regular

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Black Knight Says Foreclosure Starts 20% Below Pre-Pandemic Levels, Despite Increase

Black Knight Says Foreclosure Starts 20% Below Pre-Pandemic Levels, Despite Increase Black Knight’s Mortgage Monitor Report for January, 2022  says that despite a more than 7x increase, January’s foreclosure starts remained more than 20% below pre-pandemic levels.  In addition, foreclosure starts were almost evenly split between borrowers who were already delinquent prior to the pandemic

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Report: In tech hubs like Boston, renting is still less expensive than buying despite record rises

Report: In tech hubs like Boston, renting is still less expensive than buying despite record rises Across the United States, it’s increasingly becoming less expensive to buy than to rent. In Boston, however … | RealEstate.Boston.com The post Report: In tech hubs like Boston, renting is still less expensive than buying despite record rises appeared

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Yardi Says Multifamily Outlook Strong Despite Rent Deceleration

Yardi Says Multifamily Outlook Strong Despite Rent Deceleration According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in October increased $ 4 to $ 1,590 (13.5% year-over-year).  Encouragingly, Yardi says the market remains healthy.  Indeed… “…While November’s rent performance represents a significant deceleration from the $ 20-plus increases per month of

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Despite Supreme Court ruling, Boston enacts an eviction and foreclosure moratorium

Despite Supreme Court ruling, Boston enacts an eviction and foreclosure moratorium BOSTON — Boston has taken action to protect residents facing eviction and foreclosure by enacting an eviction moratorium and establishing a fund to help homeowners with mortgage, insurance, and condominium fees. The Boston Public Health Commission’s interim executive director signed a public health order

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