New York City Renters Owe More Than $1 Billion in Unpaid Rent, Survey Finds

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The debt figure is the most recent indicator that unemployment benefits and federal stimulus packages have so far been inadequate to alleviate the growing financial burden of missed rent payments across thousands of city households.

The post New York City Renters Owe More Than $1 Billion in Unpaid Rent, Survey Finds appeared first on Real Estate News & Insights | realtor.com®.

As Trump Says He’s Abandoned Stimulus Talks, Renters and Landlords Face a Financial Cliff

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The CDC’s national eviction moratorium should keep Americans in their homes for now, but experts say emergency rent relief is needed to prevent an eviction crisis in 2021.

The post As Trump Says He’s Abandoned Stimulus Talks, Renters and Landlords Face a Financial Cliff appeared first on Real Estate News & Insights | realtor.com®.

As Trump Says He’s Abandoned Stimulus Talks, Renters and Landlords Face a Financial Cliff

realtyexperts Real Estate News

The CDC’s national eviction moratorium should keep Americans in their homes for now, but experts say emergency rent relief is needed to prevent an eviction crisis in 2021.

The post As Trump Says He’s Abandoned Stimulus Talks, Renters and Landlords Face a Financial Cliff appeared first on Real Estate News & Insights | realtor.com®.

Renters in U.S. Cannot Be Evicted Through the End of the Year Due to Coronavirus, CDC Order States

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The CDC order provides a declaration for renters to sign stating they are unable to pay rent and have sought government assistance.

The post Renters in U.S. Cannot Be Evicted Through the End of the Year Due to Coronavirus, CDC Order States appeared first on Real Estate News & Insights | realtor.com®.

Trump suggests freezing evictions and payroll-tax collection through executive orders

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President Donald Trump on Monday raised the possibility of using executive orders to suspend evictions and freeze the collection of payroll taxes.

The post Trump suggests freezing evictions and payroll-tax collection through executive orders appeared first on Real Estate News & Insights | realtor.com®.

Will the Government Stop a Wave of Struggling Renters From Being Evicted?

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With millions of Americans out of work and struggling to pay their rent, the government is offering landlords a break to avert a wave of evictions. 

The post Will the Government Stop a Wave of Struggling Renters From Being Evicted? appeared first on Real Estate News & Insights | realtor.com®.

Will the Government Stop a Wave of Struggling Renters From Being Evicted?

realtyexperts Real Estate News

With millions of Americans out of work and struggling to pay their rent, the government is offering landlords a break to avert a wave of evictions. 

The post Will the Government Stop a Wave of Struggling Renters From Being Evicted? appeared first on Real Estate News & Insights | realtor.com®.

Why NYC Rents Surprisingly Hit New Highs During Coronavirus Crisis—and Will Probably Fall

realtyexperts Real Estate News

This is why rent prices in New York City, the epicenter of America’s coronavirus crisis, hit new all-time highs in April as the pandemic raged on.

The post Why NYC Rents Surprisingly Hit New Highs During Coronavirus Crisis—and Will Probably Fall appeared first on Real Estate News & Insights | realtor.com®.