Rental Assistance Still Available in Kansas City Metro
It’s the first week of the month, and rent is due. 2020 has been particularly devastating to many renters, and despite various assistance programs created to help keep everyone safe at home during this pandemic, many are unaware that help is out there. Many of these assistance programs, however, will be expiring at the end […]
Full Story
Commercial Forecast 2021: ‘Never Set Your Flux Capacitor to 2020!’
Dr. Ted Jones, Senior Vice President and Chief Economist with Stewart Title, introduced his keynote address at the Commercial Forecast virtual event with a Back to the Future meme: “Whatever you do Marty, NEVER set it to 2020!” While commercial real estate has felt the impact of the shutdown and economic drop-off, there is hope […]
Full Story
KCRAR to Host Informational Session Covering CDC Eviction Moratorium
On Sept. 4, the Centers for Disease Control and Prevention (CDC) ordered a nationwide eviction moratorium through Dec. 31, 2020. This unprecedented use of CDC authority was equaled by the unparalleled fines and penalties in place for violating the moratorium, including criminal penalties to individuals of up to $100,000 to $500,000 per event and one […]
Full Story
FHA Extends Foreclosure and Eviction Moratorium for Homeowners Through Year End
WASHINGTON – Today, the Federal Housing Administration (FHA) announced the third extension of its foreclosure and eviction moratorium through Dec. 31, 2020, for homeowners with FHA-insured single family mortgages covered under the Coronavirus Relief and Economic Security (CARES) Act. This extension provides an additional four months of housing security to homeowners, as they will not […]
Full Story
Tenant Rights and the Pandemic
COVID-19 has altered the rulebook for property managers and investment property owners for the foreseeable future. Balancing the pressures faced by tenants struggling to pay rent due to job loss with your need to keep up with expenses and safety measures presents distinct challenges. Two of the biggest concerns affecting rental properties are the patchwork […]
Full Story
KCRHA Offers Free KCMO Landlord, Tenant Law Workshop
COVID-19, eviction moratoriums, Healthy Homes, Tenant Bill of Rights… the rental market landscape is changing in Kansas City. With the KCMO Tenant Bill of Rights going into effect June 1, last weekend the Kansas City Regional Housing Alliance (KCRHA) hosted a webinar to help landlords navigate and comply with the new regulations. Renowned local landlord/tenant […]
Full Story
IRS Extends Tax Deadlines
The IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway. Both of these programs are designed to promote economic growth in communities, and NAR made the case that investors in these programs should not be harmed due to the effects of COVID-19. […]
Full Story
Commercial Training Coming to KCRAR
KCRAR is launching a new class on commercial real estate specifically for newer, less experienced commercial agents or residential agents looking to expand their practice into the commercial market. “The Commercial Experience” is a two-day course that will cover technical knowledge, skills and strategies. Marty Rueter, Executive Vice President of Coldwell Banker Commercial Metro Brokers […]
Full Story
KCRAR Commercial to Host Sporting Clays Tournament
KCRAR Commercial is hosting its first sporting clays tournament at Powder Creek Shooting Park on Nov. 15. Both seasoned shooters and beginners are welcome at this scramble-style shooting event. The event will be held in stations, where each team will shoot clay targets before moving on to the next station. Members can register in teams […]
Full Story
Residential and Commercial Forecast Events to Feature Lawrence Yun
KCRAR is bringing back another Residential Forecast Event on Oct. 30, to be immediately followed by the annual Commercial Forecast Event. Both sessions will feature a keynote from the Chief Economist and Senior Vice President of Research at the National Association of REALTORS® (NAR), Lawrence Yun. Dr Yun will dive into the current forces impacting […]
Full Story