Coronavirus (COVID-19) Updates by CAR

Dated: August 28 2020

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Sharing the Highlights from CAR.org

Coronavirus (COVID-19) Updates

DATE: AUGUST 19, 2020, 10:10 A.M

C.A.R. releases new California Coronavirus Weekly Recap newsletter

In This Issue:

  • The Economy & Your Finances: New unemployment claims dip

  • The Market & Industry: Housing recovery continues, Calif. to end statewide eviction moratorium on Sept. 1

  • Around the State: Calif. hits 600k cases, top health official resigns

  • Health Check-Up: Regular masks don't protect against wildfire smoke

 

AUGUST 12, 2020, 10:53 A.M.

C.A.R. releases new California Coronavirus Weekly Recap newsletter

In This Issue:

  • The Economy & Your Finances: President signs executive actions on coronavirus relief

  • The Market & Industry: Mortgage applications up, many homes seeing multiple offers

  • Around the State: Technical glitches lead to case undercount

  • Health Check-Up: More children testing positive

 

UPDATE: AUGUST 8, 2020, 3:21 P.M.

President Trump signs executive order on stimulus aid relief

With Congress unable to reach a deal on the next coronavirus relief package, President Trump on Saturday signed executive orders that would extend enhanced federal unemployment benefits, cut payroll taxes for some employees, continue a temporary ban on evictions and defer student loans.

It’s unclear whether Trump has the legal authority to make such changes on his own, because the power to collect taxes, spend money and write laws rests with Congress. The impact of the orders may be limited, and legal challenges are expected.

Congress has been unable to agree on how much to provide for unemployment insurance, whether to continue delaying student loan payments, whether Congress should impose an eviction moratorium, or help renters make payments, and how much to provide to help schools reopen and to help state and local governments weather the crisis.

Read the Los Angeles Times story.

Keeping you up to speed on the California coronavirus outbreak from the

CALIFORNIA ASSOCIATION OF REALTORS®

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Wanda & The Torres Team - DRE#01822677

We are a team of Realtors with over 15 years of service. We are a bi-lingual team experienced in Equity Listings, REO Listings as well as representing buyer's purchasing distressed Foreclosed and Pre ....

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