Morning Roundup (8/11/21) — Housing Stock Up, Courts Move to Help Evicted Tenants

Good Morning! Today is Wednesday, Aug. 11. New York Gov. Andrew Cuomo resigned on Tuesday amid ongoing investigations into his alleged sexual misconduct. Kathy Hochul will become New York’s first female governor. The Senate has passed a long-awaited $1 trillion infrastructure bill. Senators also passed a larger $3.5 trillion budget blueprint. U.S. airlines have announced they will not require vaccines for workers. The California Dixie Fire continues to rage. 

And in mortgage and housing news…

Stock UpHousing stock increased last month, a sign of possible price relief for homebuyers in the near future. 

Heading Off a Crisis? Some courts are hoping to counteract a potential eviction crisis ahead of the end of the current moratorium.

Go Big and Go Home: A major mortgage executive urges brokers to pursue “jumbo” loans amid the hot housing market.

Promising Signs: Further indications that the housing market is getting better for buyers.

Reach for the Sky: How tall buildings can help the housing crisis while hindering environmental efforts.

Is Nowhere Safe? Lake Tahoe sees its housing stock dwindle as remote workers come to town.

Analysis: Is the Newest Eviction Ban Constitutional? Even the President Seems to Doubt It

Analysis: “How Do Brokers and Realtors Hope to Get Your Attention? By Making You Laugh