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The housing market has been strong in 2020, but as we head into 2021, it seems the market will continue to buck all home buying and selling trends.“It used to be true the home buying season was spring or summer when kids are out of school,” says Daryl Fairweather, chief economist for Redfin. “The pandemic has changed all that.”It's her job to study the market, follow migration patterns, and make sure both agents and customers are informed.“I predict that the early winter -- January, February -- is going to be an unusually busy home buying and selling season,” Fairweather says.Fairweather said people can move anytime and they're eager to get it over with when they've made the decision to relocate.“People want to move to places that really fit their preferences whether it's a beach town or a lake town or to be closer to their family, people are moving to places that they really want to live in, not just places that are close to the office,” Fairweather said.Jordan Thomas bought a home while the market has been hot.“It's a very quick process, buying was extremely competitive,” Thomas said.Thomas said she was among the many who decided the time to buy is now.“Because the interest rates were so great, I was able to get a really great deal on a larger home for myself,” Thomas said.She was the first to put in an offer on her Houston-area home. Six more offers followed that same day.“Because I was the first to put in the offer and I was aggressive with what I put forth, the first time around was the reason why I ended up getting the home,” Thomas said.And true to Fairweather's prediction about what people want in a home, Thomas was ready to renovate. Like others, she wanted an updated, larger kitchen and a bigger home office.“Two days after I closed on my home, I handed the key over my contractor and said ‘go to town,’” Thomas said.If you're looking at one of those "hot markets,” places like the suburbs, vacation towns, or mountainous and lake areas, Fairweather said, “My advice to buyers is that timing matters.”Fairweather added that buyers should be ready for competition. 2110

The latest stimulus package passed by Congress is one of the longest bills to be pushed so quickly through the Senate and the House. The final bill was handed to lawmakers just hours before they voted on it.“This bill is too long, too complicated,” said Thea Lee, president of the Economic Policy Institute (EPI).EPI expects the 0-billion package will provide an instant jolt to our economy by extending unemployment benefits and enhancing them by 0 a week. It also includes a 0 stimulus check for millions of Americans and billion for housing and eviction protection.There are hundreds of billions of dollars for Paycheck Protection Program loans, intended for small businesses. However, those touted benefits only take up a couple of pages in the nearly 5,600-page bill."There are things in there that don’t belong in there,” said Lee.In fact, as more experts and government watchdog organizations start to sift through the stimulus bill, which was also tied to an ominous spending bill, the list of non-pandemic related funding and measures grows.“Some of it is things like horse-racing commissions [funding] and so on, but some of it shouldn’t be in there because it is helping either people or businesses that don’t need the help,” Lee explained.For example, there’s a tax break on alcohol, and Lee pointed out the alcohol industry is one that has actually thrived during the pandemic. Legislators also included a tax break for what has been dubbed the Three Martini Lunch.“It’s a deduction for business people who are having expensive lunches out. That has been extended in this bill,” said Lee. "That is not the best way, the most targeted way to help the restaurant industry.”For all of the non-pandemic-related measures squeezed into this latest deal, there is a surprise in what did not make it in.“The most important thing that is not in the stimulus bill is aid to state and local governments,” said Lee. "If they don’t get enough aid from the federal government, they will have to start laying off workers.”Another thing not in the stimulus bill was an extension on the student loan payment pause. Many student loan borrowers will have to start repaying loans in January and interest will begin accruing again.There is also, notably, no transparency requirement tied to small business PPP loans. Watchdog organizations, like U.S. Public Interest Research Group, have been calling for it for months, given all the issues seen with the first round of PPP loan funding."The Department of Justice has actually indicted 57 people so far from stealing over 5 million from the PPP loan program,” said RJ Cross with U.S. PIRG.Also, lawsuits filed by several news organizations forced the Small Business Administration to reveal more names of companies that have received the forgivable loans. The result has shown that most of the PPP loans issued in the first round, more than 0 billion, went to larger than intended business. The smallest businesses, in which the loans were intended for, actually struggled to get the funding they needed.U.S. PIRG has fought for months to get transparency requirements tied to PPP loan money to prevent further fraud and corruption in the program, and the group was surprised that was not included in this latest stimulus package.“If folks are very clear on the fact that information about their loans, their application, and their businesses will be made public, it helps to deter a lot of fraudsters in the beginning,” Cross added. “Congress largely squandered that opportunity to strengthen those measures that would increase public trust in the PPP program.”Congress is expected to immediately begin working on yet another stimulus bill in January and could address some of the concerns with this latest bill."I hope that Congress can come back in 2021 and take up the elements that are missing from this bill,” said Lee. 3894

The Pac-12 Conference announced Friday that member athletic teams in several sports — including football — would play a limited schedule against only conference opponents.The conference also announced that it was delaying the start of mandatory athletic activities "until a series of health and safety indicators...provided sufficient positive data to enable a move to a second phase of return-to-play activities."The conference did not say in its statement what those "indicators" were.Men's and women's soccer and women's volleyball teams will also be limited to a conference-only schedule this fall.The Pac-12 added that it would honor scholarships for players who choose to sit out the season for fear of contracting the virus.The conference's decision eliminates a number of high-profile non-conference matchups that would have netted members' schools a significant paycheck from broadcasters. It could also negatively impact any Pac-12 football team's chance of playing in a postseason bowl game.The decision comes a day after the Big Ten made a similar announcement. The Ivy League announced earlier this week that its athletic teams would not compete in the fall. 1179

The mother of a 14-year-old boy with autism, who was traumatized after a run-in with a Buckeye, Arizona officer, says she never expected that what happened to her son would spark a national discussion. Diane Leibel also said see police body camera video was also one of the hardest things she’s ever had to do. “It was excruciating honestly,” she said. “I’ve never heard my son scream like that before. I don’t understand how it even got there.” On July 19, a Buckeye Officer named David Grossman mistook Connor Leibel for a drug user. As he drove by a quiet neighborhood park, Grossman claimed he saw Connor putting his hand up to his face, giving him reasonable suspicion to handcuff and detain the boy. It turned out Connor was using a small string to “stim” – a coping mechanism common for people with autism.  Phoenix-based KNXV broke the story about the video on Monday afternoon. Since, reports about the incident have appeared on every local Phoenix station, some national shows, and it’s even been picked up by the New York Times. The reason: It’s sparking a debate about how officers deal and confront individuals with mental illness, other disabilities, and autism. “We were afraid that our child would be ridiculed or that something would happen somewhere along the line,” Danielle Leibel said. "I didn’t think it would be from a police officer.” COMPLAINT DISMISSEDThe day after the incident, Leibel filed a citizen’s complaint with the police department against Grossman, a “drug-recognition expert.” Weeks later, officials up and down Grossman’s chain of command cleared him of using unreasonable force and that he had reasonable suspicion to detain the boy. After the final decision, no one from Buckeye police notified Leibel, she said. “I’m every emotion I can think of. That’s my baby who was manhandled like that,” Leibel said. “I do see that would be reasonable to approach him if he saw him putting something to his face….But after he showed him what he had, that should have diffused the situation. It should end there.” Parents of other children with autism have told KNXV they are horrified by what happened and how the incident was handled by the officer. However, some people are also blaming Leibel’s parents and his caregiver for leaving him alone. His mother’s response: “He’s a 14-year-old. He’s higher functioning. He’s not a danger to himself or others…He plays in that park every week, and we’ve never had an issue.“I’ve never, in his 14 years, had an issue or have anybody suspect he was on drugs,” Leibel said. After the incident, Buckeye Police announced they are working on creating a voluntary register for people with disabilities, mental illness, and autism. They also proposed that those individuals wear bracelets. The registry would allow officer to look up specific information on people the come into contact with. Leibel and other parents of children with autism told KNXV they were disgusted by the idea. “I think it’s disgusting that you have to label someone with a disability with a special mark so they don’t have to live in fear of being hurt by police,” she said. “How would that have changed (the situation with my son) at all.” A parent of another child with autism who lives in Buckeye told KNXV the idea reminded him of the "Holocaust."  3418

The president has signed the covid relief/government funding bill, several sources told me.— Jake Sherman (@JakeSherman) December 28, 2020 152

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