Pending Home Sales Dip 2.3% in September

October 28, 2021 in Community

National Association of REALTORS® Key Highlights Contract signings fell 2.3% in September from August. Contract signings were 8% lower than this time last year. In all regions, signings decreased from the prior month and from one year ago. WASHINGTON (October 28, 2021) – Pending home sales dipped in September, nationally, retreating slightly following a previous […]

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NAR to Congress: Keep Housing in Infrastructure Bill

October 21, 2021 in Government Affairs

REALTOR® Magazine Leaders from the National Association of REALTORS® and other housing groups went to the U.S. Capitol on Wednesday to urge lawmakers to preserve the affordable housing provisions in the infrastructure bill Congress is debating. Lawmakers are whittling down the package—which invests in various programs such as health care, paid family leave, affordable housing, […]

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NAR to Host Virtual Townhall with FEMA CEO

August 13, 2021 in Government Affairs

To address the many questions members have about the future of the National Flood Insurance Program under Risk Rating 2.0, the National Association of REALTORS® will be hosting a Townhall session with CEO of the Federal Emergency Management Agency (FEMA) David Maurstad online on Aug. 23. Risk Rating 2.0 was designed by FEMA to modernize […]

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Eviction Moratorium: Small Housing Providers Head Back to Court

August 5, 2021 in Government Affairs

National Association of REALTORS® Housing providers brought their case back to court Wednesday after the Centers for Disease Control and Prevention (CDC) extended the eviction moratorium through October 3.  The Lawsuit The Alabama and Georgia associations of REALTORS® filed an emergency motion Wednesday night with Judge Dabney Friedrich of the U.S. District Court for the District of Columbia, asking her to […]

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Federal Housing Administration Announces Additional COVID-19 Recovery Options for Homeowners

July 29, 2021 in Community

Streamlined COVID-19 Recovery “waterfall” includes broader payment reductions for those most in danger of losing their homes due to COVID-19 financial hardships WASHINGTON – The Federal Housing Administration (FHA) on July 23, 2021 announced streamlined COVID-19 Recovery options to help homeowners with FHA-insured mortgages who have been financially impacted by the COVID-19 pandemic bring their mortgage current […]

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Biden Focuses on Tackling Inventory Crisis

in Government Affairs

REALTOR® Magazine Home sales and affordability are falling due to severely constrained inventory. As such, more government leaders are putting greater focus on the inventory crisis. President Joe Biden recently reiterated his administration’s focus on housing as part of its broader infrastructure push. He’s called for a “historic investment” in housing that could generate 2 […]

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Behind the Hype: What 5G Means For Real Estate

July 8, 2021 in KCRAR

by Melissa Dittmann Tracey, REALTOR Magazine® Key Takeaways: Wireless carriers affirm their commitment to rolling out the superfast fifth generation of connectivity to more places, beyond city hubs, by the end of the year. 5G could be up to 600 times faster than current 4G connections, paving the way for innovations affecting businesses, driving, health care, […]

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Contract Signings Surge as Home Buyers Remain Eager

July 1, 2021 in KCRAR

REALTOR® Magazine Pending home sales bounced back strongly in May and surged to the highest reading for the month of May since 2005, the National Association of REALTORS® reported Wednesday. NAR’s Pending Home Sales Index, a forward-looking indicator of home sales based on contract signings, climbed 8% in May compared to April. Contract signings are […]

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CDC Extends Eviction Moratorium Through July

June 25, 2021 in Government Affairs

National Association of REALTORS® On Thursday, June 24, the Centers for Disease Control (CDC) extended its federal eviction moratorium, previously set to expire on June 30, through July 31, 2021. The agency stated in its announcement that this latest extension of the moratorium, which has been in place since September 2020 under the CDC’s powers […]

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NAR, KCRAR Advocate to Preserve 1031 Like-Kind Exchanges

June 24, 2021 in Government Affairs

Recently, the Biden Administration proposed a $500,000 cap on the 1031 like-kind exchange, which is a section of the U.S. tax code that allows investors to avoid paying capital gains taxes when selling an investment property and reinvesting the proceeds into a similar property. The National Association of REALTORS® and KCRAR are both advocating against […]

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