NAR to Host Virtual Townhall with FEMA CEO
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 […]
Full StoryEviction Moratorium: Small Housing Providers Head Back to Court
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 […]
Full StoryFederal Housing Administration Announces Additional COVID-19 Recovery Options for Homeowners
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 […]
Full StoryBiden Focuses on Tackling Inventory Crisis
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 […]
Full StoryBehind the Hype: What 5G Means For Real Estate
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, […]
Full StoryContract Signings Surge as Home Buyers Remain Eager
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 […]
Full StoryCDC Extends Eviction Moratorium Through July
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 […]
Full StoryNAR, KCRAR Advocate to Preserve 1031 Like-Kind Exchanges
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 […]
Full StoryRegistration Open for REALTORS® to Meet with Senator Roger Marshall
REALTORS® will meet with U.S. Senator Roger Marshall via Zoom on June 8 to lobby for homeownership and property issues as a part of the Kansas Association of REALTORS’® (KAR) Virtual Hill Visit. This annual event is usually held in-person in Washington D.C., so this year’s virtual event presents an opportunity for REALTORS® who may […]
Full StoryNAR Joins Coalition Calling for Clarity in Rental Assistance
By Melissa Dittmann Tracey, REALTOR® Magazine Housing groups, including the National Association of REALTORS®, are urging federal agencies to provide more information on the distribution of $25 billion in rental assistance under current COVID-19 relief legislation, which was signed into law in December. The coalition of real estate trade organizations says the funds are critical […]
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