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NAR

REALTOR® Stories Needed — Tell NAR About How You Used 1031 to Bring Development and Economic Benefit to Your Community

Recent proposals to repeal or limit the 1031 like-kind exchange could devastate the commercial real estate sector and investment in communities across the United States. From affordable housing providers, to small businesses, to farmers, 1031 has been used by a range of Americans since its creation 100 years ago. The National Association of REALTORS® (NAR) needs your help to educate lawmakers and their staff about 1031s. It is...

Judge Vacates CDC’s Eviction Ban, But Appeal Delays Action

A U.S. District Court judge for the District of Columbia ruled Wednesday that the Centers for Disease Control and Prevention’s nationwide eviction moratorium is unlawful, striking down the ban and delivering relief to housing providers who haven’t been able to collect rent from struggling tenants for more than a year. But the struggle for housing providers isn't over. The U.S. Department of...

CDC Extends Eviction Moratorium to June 30

On Monday, March 29, the CDC announced it is extending the federal eviction moratorium for an additional 3 months, through June 30, 2021. The moratorium prohibits housing providers from evicting a tenant who is unable to pay rent as a result of financial hardship due to COVID-19, but does not forgive the rent that is due. In addition to extending...

NAR Finds Black Home Buyers More Than Twice as Likely to Have Student Loan Debt, Be Rejected for Mortgage Loans Than White Home Buyers

NAR officials say data reinforces need for implementation of key housing policy initiatives to close persistent minority homeownership gaps Key Highlights The U.S. homeownership rate was 64.2% in 2019. At 69.8%, the rate for non-Hispanic white Americans exceeds the national rate. However, the Black homeownership rate – 42% – represents a Black-white homeownership gap of almost 30%. The homeownership rates for Asian...

HUD Extends Housing Protections to LGBTQ Americans

The National Association of REALTORS® applauded an announcement Thursday by the Department of Housing and Urban Development that the agency will enforce the Fair Housing Act to prohibit discrimination based on sexual orientation and gender identity. HUD’s move effectively expands civil rights protections to LGBTQ Americans seeking housing and housing-related services. The decision follows an executive order from the Biden...

2020 Profile of Home Buyers and Sellers Colorado Report

The NATIONAL ASSOCIATION OF REALTORS® Profile of Home Buyers and Sellers is an annual survey of recent home buyers and sellers who purchased in the last year, from July 2019 to June 2020. This report allows industry professionals to gain insight into detailed buying and selling behavior. While every year is a unique time capsule where buyers and sellers purchase amid a changing economic environment,...

CNN Business: Black Millennials Fueled a Surprising 2020 Home-Buying Surge for African Americans

The coronavirus pandemic and the resulting lockdowns that convinced Kenyan immigrant Lynn Poole and her husband to move out of their apartment in downtown Denver and purchase a three-bedroom house in Commerce City. Lynne Poole and her husband Aaron Poole stand outside the new home they purchased in 2020. "We weren't looking forward to living far away because...

NAR Releases 2020 Profile of Buyers and Sellers

The NATIONAL ASSOCIATION OF REALTORS® today released its 2020 Profile of Home Buyers and Sellers, a survey of people who purchased or sold from July 2019 to June 2020. The profile report has been a leading industry source of trusted insight into consumer behavior for nearly four decades. As in the past, this year’s survey measures the demographic characteristics of...

In ‘Monumental Moment,’ NAR Cracks Down on Hate Speech

REALTORS® who engage in hate speech or discriminatory conduct even outside of their real estate practice could face disciplinary action under the Code of Ethics. The National Association of REALTORS®’ Board of Directors on Friday approved a proposal intended to hold members to a higher standard of ethics in everything they do. The board meeting was held during the virtual...

CDC Releases Eviction Moratorium Executive Order

Owners Need Relief, Too. The CDC has released an Executive Order placing a moratorium on all evictions through the end 2020 (see the Executive Order Here).  In short, this moratorium creates a number of issues and questions that NAR and coalition partners are working to find answers to.  The eviction moratorium will run through Dec. 31. It applies to renters who earn...