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Hot housing market edges out would-be buyers, tightens rentals

.... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... Sarah Burkhart moved to Albuquerque last year to care for her mother and has been looking for a rental for the past several months. Though she recently secured a rental, she said it was largely due to the time she dedicated to finding a unit. (Roberto E. Rosales/Albuquerque Journal) EDITOR’S NOTE: This is the final in a series of stories on Albuquerque’s growing housing affordability crisis. Copyright © 2021 Albuquerque Journal For the past year and a half, Sarah Burkhart and her husband, David, have been living and caring for her mother in her mother’s Corrales home. ...................... But when Burkhart began to look for a space of her own a few months ago, she found herself in the middle of a competitive rental market with fewer options and available properties being rented almost immediately and for higher-than-normal prices.

EXPLAINER: Will New Mexico Do Enough To Limit Evictions?

The Paper. Open Search EXPLAINER: Will New Mexico Do Enough To Limit Evictions? What To Expect When The Moratorium Expires Published by Associated Press By Updated June 27th, 2021 at 08:18 am 100% of reader revenue goes to the local. independent journalists bringing you the news. AP Published by Associated Press Published by Associated Press I m not interested SANTA FE, N.M. (AP) A federal freeze on most evictions enacted last year is scheduled to expire July 31, after the Biden administration extended the date by a month. The moratorium, put in place by the Centers for Disease Control and Prevention in September, was the only tool keeping millions of tenants in their homes in many states. Many of them lost jobs during the coronavirus pandemic and had fallen months behind on their rent.

EXPLAINER: Will New Mexico do enough to limit evictions?

The Associated Press Created: June 25, 2021 02:29 PM SANTA FE, N.M. (AP) A federal freeze on most evictions enacted last year is scheduled to expire July 31, after the Biden administration extended the date by a month. The moratorium, put in place by the Centers for Disease Control and Prevention in September, was the only tool keeping millions of tenants in their homes in many states. Many of them lost jobs during the coronavirus pandemic and had fallen months behind on their rent. Landlords successfully challenged the order in court, arguing they also had bills to pay. They pointed out that tenants could access more than $45 billion in federal money set aside to help pay rents and related expenses.

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