Real Estate News | Real Estate Investing | Stock Market Investing | Passive Income | Flipping | 1031 Exchange | Private Lendi

In this Real Estate News Brief for the week ending May 8th, 2021… what’s happening with the CDC eviction moratorium, why you should sell your home in May, and which rental markets are the most competitive. Economic News We begin with economic news from this past week, and a new court ruling “against” the CDC’s eviction moratorium. A U.S. District Court Judge in Washington, D.C. ruled that the Centers for Disease Control and Prevention did not have the authority to issue the moratorium. It struck down the ban but the Department of Justice immediately filed an appeal which will be heard within another two weeks. In the meantime, the court issued a temporary stay on the District Court’s decision. Realtor associations in Georgia and Alabama filed the lawsuit along with two housing providers and their property management companies. The National Association of Realtors also supported the lawsuit. NAR believes the best solution is to provide rental assistance to the tenants who are impacted by COVID. That will help