top of page
Search
  • Metro East REIA

Couple Buys Dream Home, Seller Refuses to Move out Due to Eviction Moratorium

A couple in California who cash-purchased their dream home, suddenly got a rude awakening when the seller refused to leave, citing the coronavirus eviction moratorium. According to FoxBusiness, it has been over a year and the couple still cannot gain possession of the property. Efforts to enlist the authorities were met with frustration as the COVID rules rule prevented them from forcibly removing (evicting) the previous owner. Their real estate agent said the (previous) owner needed just over half a million dollars, and demanded it on a Sunday, which meant he was looking for a cash buyer. Continue reading HERE...

3 views0 comments

Recent Posts

See All

Rental information site Zumper recently released their latest monthly National Rent Report for November, 2023. According to their data, median rent for 1-bedroom apartments was $1,499 (down 0.4% from

The U.S. government is reporting that total construction spending in October, 2023 was at a seasonally adjusted annual rate of $2027.1 billion, which is 0.6% higher than September’s revised estimate a

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 3.9% annual change for September, 2023. Their 10-City Composite increased 4.8% and their 20-City Composite increase

bottom of page