Current State of Eviction Moratoriums
Current State of Eviction Moratoriums

On Thursday, August 26, 2021, the U.S. Supreme Court voted 6-3 to overturn a CDC Order that had extended a nationwide eviction moratorium an additional two months - from August 3, 2021 to October 3, 2021. However, this Monday, August 30, 2021, the Illinois Supreme Court amended its previous Order, extending a temporary stay on evictions in this State through September 18, 2021.

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Real Estate Law, Landlord-Tenant LawRobert LohmanLohman Law Group, LLCIllinoisevictions, evictions, evictionmoratorium, Illinoisevictionmoratorium, landlordtenantlaw, chicagoevictions, chicagoevictionmoratorium, Illinoislandlords, Illinoistenants, Chicagolandlords, Chicagotenants, Illinoisrealestate, residentialleasing, Illinoisresidentialleasing
Distressed Sellers, Short Sales, and the Coronavirus Pandemic
Distressed Sellers, Short Sales, and the Coronavirus Pandemic

Although short sales are significantly less common today than they were in decades past, especially during the 2008 mortgage crisis, they remain an important characteristic of the United States housing market. With the coronavirus pandemic still running its course and upending the United States economy, it is quite possible that short sales begin to rise again.

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Real Estate LawRick YoungLohman Law Group, LLCShort Sales, Home Buying, Home Sales, Real Estate Market, Coronavirus, Distressed Sellers