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...
In deciding how to address new issues that may come up in your day-to-day business, we urge you to find answers that will ensure first-class services to your clients, while also demonstrating care for the health and well-being of clients, agents, and the greater public welfare in reducing the risk of exposure to and spread of COVID-19.
Review NAR's Transaction Guidance...
As many of you already know, NAR announced that it will be delivering the 2020 REALTORS® Legislative Meetings and Trade Expo virtually from May 11-16. This is due to the recommendations and concerns resulting from the coronavirus pandemic.
The virtual experience will include committee meetings, key
sessions, and elections, along with numerous other online features. In
addition, we have learned that all of...
