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U.S. Supreme Court allows evictions to resume during pandemic

The U.S. Supreme Court building at dusk, Thursday, May 23, 2019, on Capitol Hill in Washington. (AP Photo/Patrick Semansky)

WASHINGTON (AP) — The Supreme Court’s conservative majority is allowing evictions to resume across the United States, blocking the Biden administration from enforcing a temporary ban that was put in place because of the coronavirus pandemic. The court’s action ends ...

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Affordable housing likely to become a more attractive investment

John Bohrer-Yardley

Proposed legislation, a late-2020 law change and a possible bump in the corporate tax rate all should turn out to be beneficial for the affordable housing industry as objectives of the Biden administration play out. When the federal corporate tax rate ...

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Creative bidding, work-from-home space now housing market norms

(photo by Curtis Adams from Pexels)

Which space could become the home office, can more cash be accessed if the bidding takes off and are you willing to accommodate post-sale needs of the seller have become common topics of discussions between homebuyer and Realtor as the ...

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Unpaid rent a major problem that needs more solutions

As the COVID-19 pandemic grew worse last year and employers were forced to reduce their workforce, impacted workers found it difficult to pay rent. To ensure no one would lose their home during the crisis, federal and state eviction moratoriums ...

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When it comes to commercial real estate lending, banks are open for business

John Cothran, a real estate investor from South Carolina, closed on the purchase of 600 East Ave. this past fall without ever visiting the property. (photo by Kevin Oklobzija).

The coronavirus pandemic has devastated the hospitality industry and exacerbated on some fronts the continuing decline of brick-and-mortar retail, but lenders still have their checkbooks open when it comes to commercial real estate investment. You may not want to propose ...

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Eviction, foreclosure protection extended until May 1

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Tenants financially burdened by the coronavirus pandemic will not face eviction proceedings until at least May 1, thanks the latest legislative action in New York. The COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020 prevents residential evictions, foreclosure proceedings, ...

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Commercial real estate industry fearful of Biden tax plan

A former Rite Aid at the corner of Stone Road and Dewey Avenue in Greece. Many in the commercial real estate sector are concerned the sale of properties like this could be curtailed if a crucial element of President-elect Biden’s tax plan is enacted. (Photo by Kevin Oklobzija)

The tax plan proposed by President-elect Joe Biden could have a major negative impact on the commercial real estate industry. Biden’s proposal includes the elimination of like-kind exchanges, commonly referred to as a 1031 exchange, and would apply to real ...

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