NAR Applauds White House Task Force for Changes to Address Appraisal Bias
National Association of REALTORS® National Association of Realtors® President Kenny Parcell issued the following statement today after the White House’s Property Appraisal and Valuation Equity (PAVE) Task Force announced significant regulatory actions and changes to address appraisal bias: “Realtors® are dedicated to upholding fair housing laws in all aspects of real estate, including appraisals,” said […]
Full StoryNAR President Testifies About New Mortgage Fees Before Congressional Panel
National Association of REALTORS® National Association of Realtors® President Kenny Parcell testified before the House Committee on Financial Services Subcommittee on Housing and Insurance this week about the Federal Housing Finance Agency’s (FHFA) new loan level pricing adjustments (LLPA) fee increase on borrowers with fair to good credit profiles. Parcell, a Realtor® for 27 years from Spanish Fork, Utah, said the fees were […]
Full StoryReal Estate Trade Groups Unite in Support of Federal Fair Housing Rule
The rule improves upon HUD’s 2015 AFFH rule, providing for more robust community engagement, streamlining processes for funding recipients, and providing greater transparency. The proposed rule also places a new emphasis on expanding homeownership opportunities.
Full StoryMiddle-Income Homeowners in Kansas City Gained More Than $96,000 in Wealth Over the Past Decade from Home Appreciation
New data from the National Association of REALTORS® reveal middle-income homeowners in Kansas City accumulated a median of $96,160 in wealth as their homes appreciated over the last 10 years. The data, which was featured prominently in NAR’s new report, Wealth Gains by Income and Racial/Ethnic Group, speaks to the value agents and REALTORS® bring […]
Full StoryNAR President Kenny Parcell Issues President’s Challenge
The National Association of REALTORS® (NAR) recently announced a challenge from 2023 NAR President Kenny Parcell. Although the challenge was issued to appointed and elected NAR leaders, any REALTOR® has access to complete this challenge to grow their skills and knowledge. Parcell challenges members to complete the following four NAR trainings and programs. Fairhaven: A […]
Full StoryKCRAR Launches Local Branch of National Spire Mentorship Program
KCRAR announced last week the local implementation of a National Association of REALTORS® (NAR) mentorship program called Spire. The Spire program aims to help individuals learn the fundamentals of the real estate industry, foster education, empower serious consideration of real estate as a career path and cultivate the development of generational wealth through property ownership. […]
Full StoryNAR REALTOR® Broker Summit to Bring National Speakers to Kansas City
The National Association of REALTORS® (NAR) Broker Summit is coming to Kansas City on April 17-18, bringing expert speakers from across the country, including former CEO of United Airlines Oscar Munoz and NAR Chief Economist Dr. Lawrence Yun. The 2023 REALTOR® Broker Summit draws hundreds of brokers nationally each year, and this year the stand-out […]
Full StoryMore Americans Own Their Homes, but Black-White Homeownership Rate Gap is Biggest in a Decade, NAR Report Finds
While the U.S. homeownership rate increased to 65.5% in 2021, the rate among Black Americans lags significantly (44%), has only increased 0.4% in the last 10 years and is nearly 29 percentage points less than White Americans (72.7%), representing the largest Black-White homeownership rate gap in a decade.
Full StoryNAR Demonstrates the Many Ways Realtors® Are Here for Clients During Their Property Journey in the 2023 ‘That’s Who We R’ Campaign
The National Association of Realtors® (NAR) unveiled this week its fifth iteration of its award-winning “That’s Who We R” national advertising campaign. This year’s creative demonstrates the many ways Realtors® are “here for it all,” working to make the dream of property ownership a reality for their clients.
Full StoryNAR Responds to White House Affordability Plan
The association has committed to educate members and consumers about rental assistance but urges policy around the root cause of affordability issues.
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