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...
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...
Bipartisan bill would create savings accounts to allow prospective homebuyers to more easily save for down payments and other eligible costs associated with buying a home Washington, D.C. – U.S. Senators Cory Gardner (R-CO) and Doug Jones (D-AL) today introduced the American Dream Down Payment Act of 2020. As Americans face unprecedented challenges from the COVID-19 pandemic, the bipartisan legislation would help...
The Colorado Association of REALTORS® (CAR) is opposed to the Department of Housing and Urban Development’s decision to rescind the Affirmatively Furthering Fair Housing Rule, a 2015 regulation implementing the 1968 Fair Housing Act’s mandate that governments take affirmative steps to address segregation. In step with the National Association of REALTORS®, CAR agrees that eliminating this rule strips away a vital tool for fulfilling the original...
Nineteen percent of REALTORS® say they’re “very prepared” for a second wave of COVID-19 cases, and 39% say they’re “somewhat prepared,” according to the National Association of REALTORS®’ Market Recovery Survey, which is based on responses from about 2,300 members. Of those who believe there might be a second wave, 30% say they feel more prepared because they have a better...
The National Association of REALTORS® voiced concern Thursday after the Department of Housing and Urban Development announced the end of a fair housing rule meant to advance diverse, inclusive communities. HUD is abolishing the Affirmatively Furthering Fair Housing rule, a 2015 regulation implementing the 1968 Fair Housing Act’s mandate that governments take affirmative steps to address segregation. HUD referred to...
“We believe that fairness is worth fighting for, and we won’t stop until the fight is won,” reads a new full-page ad from the National Association of REALTORS® that will appear in The New York Times on Sunday and The Wall Street Journal on Monday. The ads, which focus on REALTORS®’ commitment to fair housing amid social unrest around race, are an extension of...
The U.S. Supreme Court issued a landmark ruling on Monday to protect the LGBTQ community from discrimination in the workplace by expanding protections from the 1964 Civil Rights Act to include sexual orientation and gender identity. The Civil Rights Act already bans discrimination in employment based on race, religion, national origin, and sex. The court voted in favor of the LGBTQ...
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. 1031 Like-kind exchanges. If an investor has taken the first step of...
The National Association of Realtors® announced Wednesday that it will be expanding access to Members TeleHealth at no cost to its members for those who register before April 15. The program comes as part of NAR’s larger ‘Right Tools, Right Now’ initiative – relaunched on March 27 – which is making numerous valuable resources available to the association’s 1.4 million...