Rental Housing Market June: It’s Looking Good (For Most) Where does the rental market stand in June? It seems there’s positivity in the market overall but does that translate to the housing market? Will housing crash or will it stabilize and eventually grow? This is important to know if you’re looking to buy, sell or flip your property. Also...
Read MoreHousing Market Holds Steady: Why It Hasn’t Collapsed. It seemed the real estate market would tank along with the stock market. However, the fundamentals of the real estate market are far more solid than they were in 2008. Here’s the key fundamentals that have kept afloat so far. For more in depth explanations of the following, please...
Read MoreWhat is the HEROES act and will it pass? A lot of people are wondering, ‘Will HEROES act pass’ and ‘What is the HEROES act?’ The HEROES act bill, if passed by the Senate, would give people a 1200 stim check – otherwise known as ‘economic impact checks’ – just like how the Cares act gave people a stim check. More stimulus checks. They basically...
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Rent is due and millions of tenants can’t pay due to the outbreak. You can’t evict so how will the landlord and tenant work together to ensure neither fall into a contract breach, forcing the other side to request specific performance? Many tenants are wondering, “Do I have to pay rent?” And the news in NYC,...
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New EIDL Grant and PPP Funding There’s a new Stimulus bill doubling the amount of EIDL Grants available to $10 billion. IThis bill is adding an additional $310 billion dollars to, essentially, the Cares Act. Of that, specifically $60 billion is going directly to small banks to recapitalize the PayCheck Protection Program (PPP). SBA - Eligible...
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