Eviction filings surge up to 46% in Sunbelt cities post-moratorium

Sharing is Caring!

There has been a significant surge in eviction filings in major cities across the American Sunbelt. Data from Princeton University’s Eviction Lab shows that eviction filings have increased by as much as 46% in some cities compared to pre-pandemic averages. Cities like Phoenix, Las Vegas, and Houston have seen particularly high increases.

See also  Job openings surge, but hires and quits hit pandemic-era lows—economy weaker than reported.

This rise in evictions is largely attributed to the expiration of eviction moratoriums, rising rents, and economic pressures on tenants. The situation is creating a housing crisis in these areas, with many families struggling to keep up with rent payments.

See also  Americans Are Hitting a Debt Wall - Credit Card Delinquencies Surge, Retail Sales Crash

Sources:

https://www.bisnow.com/national/news/multifamily/eviction-filings-surge-in-sun-belt-cities-even-as-rents-face-downward-pressure-125090

https://www.cbsnews.com/news/eviction-phoenix-rent-housing-maricopa-county/

https://mxmnews.com/article/9de8c202-d86c-4a46-94d3-1fcce8fac61e


184 views