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...
Congress has passed the Families First Coronavirus Response Act (H.R. 6201) providing support to American workers, families, and businesses, including the expansion of paid sick leave and family medical leave. It also includes refundable tax credits for small businesses and self-employed individuals to cover the cost of the leave. NAR’s advocacy team continues to urge Congressional leaders to include support...
Why is NAR issuing this guidance? In response to the growing concerns about COVID-19, commonly referred to as coronavirus, NAR is providing this guidance to help REALTOR® associations respond to the coronavirus’ potential impact on the real estate industry. As of March 4, 2020, the U.S. Centers for Disease Control and Prevention (CDC) has issued Level 3 Travel Warnings for all...
Coronavirus: A Guide for REALTORS® Download NAR's Coronavirus Guidelines Why is NAR issuing this guidance? In response to the growing concerns about COVID-19, commonly referred to as coronavirus, NAR is providing this guidance to help REALTORS® respond to the coronavirus's potential impact on the real estate industry. As of March 4, 2020, the U.S. Centers for Disease Control and Prevention (CDC) has issued Level...
While the overall U.S. homeownership rate has been rising, it's not equal among all races. The National Association of REALTORS® released a report Tuesday, “Snapshot of Race & Home Buying in America,” that breaks down ownership rates by race across the country. For non-Hispanic white Americans, the homeownership rate consistently stayed above 71% from 2016 to 2019, while for black Americans in...
Moving to a smaller space is not just for empty nesters and retirees anymore, says Sheri Koones, author of Downsize: Living Large in a Small House (2019, The Taunton Press). Younger people are embracing a smaller footprint as well. “Younger couples … who are both working, they’re having children later, they want to be active and they don’t want to be doing maintenance...
The National Association of REALTORS® is accepting applications for this year’s Good Neighbor Awards, recognizing real estate professionals who have made an impact through volunteer service in their communities. Nearly 70% of REALTORS® volunteer in their community each month, according to NAR’s Community Aid and Real Estate report. NAR each year recognizes those local, state, and international volunteer efforts made by real estate...
Americans are facing challenges to homeownership, particularly with shrinking inventories of homes for sale, yet somehow more are still finding their way to becoming homeowners. The homeownership rate rose to its highest level in six years during the fourth quarter of 2019, a newly released report from the U.S. Census Bureau shows. The percentage of Americans who own their home increased...
Property owners have struggled with how to enforce no-pet policies on their properties with the growing number of renter requests for assistance animals. That’s why the housing market is welcoming the U.S. Department of Housing and Urban Development’s newly released guidance and clarity on how to comply with the Fair Housing Act when receiving a request for an assistance animal. News...