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Evictions Halted: Camden’s COVID-19 Plan to Assist Residents in Its 56,000 Apartment Units

HOUSTON – (Realty News Report) – Camden Property Trust, a Houston-based multifamily REIT that owns 164 apartment communities with 56,000 units around the nation, is halting evictions for residents who have been financially impacted by the COVID-19 pandemic. Camden has closed its leasing offices to the public and is limiting in-person contact by offering virtual tours, online and phone support, ... Read More »

NMHC Apartment Association Suggests 90-Day Moratorium on Evictions and Rent Increases

WASHINGTON, D.C. – (Realty News Report) – The National Multifamily Housing Council (NMHC), a major apartment industry group, has recommended a halt to evictions and rent increases for the next 90 days due to the COVID-19 outbreak. NHMC recommends apartment firms consider adopting the following principles to help America’s renters retain their housing during this crisis. Halt evictions for 90 ... Read More »

Houston’s Strong February Home Sales Collide With Coronavirus

HOUSTON – (Realty News Report) – Houston’s home sales surged to record sales in February, but the housing market is facing strong headwinds as the spring homebuying seasons opens. The Houston economy will be impacted significantly by a decrease in oil prices on top of an economic slowdown associated with the coronavirus pandemic. Oil prices crashed over the weekend with ... Read More »

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