Overview

The National Association of REALTORS® is providing guidance to help REALTORS® respond to COVID-19 – commonly referred to as coronavirus – and its impact on the real estate industry and real estate transactions. Any updates from NAR and its response to the coronavirus emergency will be collected on this page. NAR has issued information and guidance for the following:

Coronavirus Guidance for REALTORS®  |  Employers  |  Workplace Re-Entry  |  Property Owners  |  Commercial Real Estate  |  MLSs  |  REALTOR® Associations

Read details about the federal government's actions and its effect on real estate professionals:

Political Advocacy

The National Association of REALTORS® is committed to ensuring that lawmakers continue to take into consideration the real estate industry, including independent contractors and small business owners.


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.


As the actions out of Washington evolve daily, below are a number of Q&As and a quick reference guide on health insurance coverage to address the ongoing fixes being proposed and implemented in response to the pandemic.

References

NAR Library & Archives has already done the research for you. References (formerly Field Guides) offer links to articles, eBooks, websites, statistics, and more to provide a comprehensive overview of perspectives. EBSCO articles (E) are available only to NAR members and require a password.


Impact on Real Estate Market

These 30 US Cities May Be on the Verge of a Coronavirus Pandemic-Driven Housing Crisis (USA Today, May 20, 2020)

How Is the Coronavirus Impacting Real Estate Over Time? (Homelight, May 18, 2020)

New Study Explores How Coronavirus Has Impacted Buyers in the Real Estate Market (Forbes, May 18, 2020)

Why Home Prices Are Rising During the Pandemic (The Wall Street Journal, May 5, 2020)

Despite the Coronavirus, Home Prices Are Still Rising—for Now (realtor.com®, May 1, 2020)

The Delicate Art of Buying a Home in a Pandemic (CityLab, May 1, 2020)

Housing Isn’t as Doomed as It May Seem – Here’s Why (HousingWire, Apr. 14, 2020)

Buying a Home During the Coronavirus Pandemic (Curbed, Apr. 9, 2020)

The 25 Most Vulnerable Housing Markets During The Coronavirus Crisis (Barron’s, Apr. 7, 2020)

House Hunting in a Period of Social Distancing (Federal Reserve Bank of St. Louis, Apr. 1, 2020)

The Coronavirus, Real Estate, and You: Everything You Need to Know Now (realtor.com®, 2020)

Long-Term Implications of the Pandemic

Searches for Homes with Pools Are Rising During Pandemic, Real Estate Brokerage CEO Says (CNBC, May 20, 2020)

Coronavirus Will Shrink US Home Prices By 2-3% Nationally, Zillow Forecasts, But Deeper Dive Could Be In Store (CNBC, May 4, 2020)

What Will America’s Housing Market Look Like After the Coronavirus Pandemic Ends? Here’s What 5 Top Producing Real Estate Agents Had to Say (Forbes, Apr. 12, 2020)

5 Indicators That Will Show When the Housing Market Is Rebounding From COVID-19 (HousingWire, Apr. 7, 2020)

Telecommuting Will Likely Continue Long After the Pandemic (Brookings, Apr. 6, 2020)

The COVID-19 Recession Might Not Be as Bad for Housing as the Last One (Barron’s, Apr. 2, 2020)

After Coronavirus, We Need to Rethink Densely Populated Cities (Fortune, Apr. 1, 2020)

How the COVID-19 Pandemic Will Change Our Cities – Part Two (Rice University – Kinder Institute for Urban Research, Mar. 29, 2020)

The Great American Migration of 2020: On the Move to Escape the Coronavirus (Washington Post, Mar. 28, 2020)

Understanding the Economic Shock of Coronavirus (Harvard Business Review, Mar. 27, 2020)

Here’s What Our Cities Will Look Like After the Coronavirus Pandemic – Part One (Rice University – Kinder Institute for Urban Research, Mar. 26, 2020)

Coronavirus’ Impacts on Real Estate: Why You Need to Think Short-Term and Longer-Term (Forbes, Mar. 24, 2020)

Reopening Workplaces

The Cubicle Is Back. Blame (or Thank) the Coronavirus (Wired, Apr. 30, 2020)

Recovery Readiness: A How-to Guide for Reopening your Workplace (Cushman & Wakefield, Apr. 30, 2020)

5 Steps To Reopen Your Workplace, According To CDC’s Latest Guidance (Fisher Phillips, Apr. 20, 2020)

What Will Tomorrow’s Workplace Bring? More Elbow Room, for Starters (New York Times, Apr. 7, 2020)

Prepare your Small Business and Employees for the Effects of COVID-19 (CDC, Apr. 4, 2020)

Preparing Your Business to Reopen After Coronavirus Outbreak (NOLO, Apr. 2020)

Pandemic Preparedness in the Workplace and the Americans With Disabilities Act (EEOC, Rev. Mar. 21, 2020)

Guidance on Preparing Workplaces for COVID-19 (OSHA, Mar. 2020)

Related References

Best Practices for Virtual Meetings

Virtual Showings and Virtual Tours

Best Practices for Working From Home

Challenging Markets


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The inclusion of links on this page does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked in this page complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.

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Guidance from NAR

Coronavirus: A Guide for REALTORS®

Learn to navigate important issues regarding COVID-19, such as shelter-in-place, fair housing guidance, transaction guidance and more.

Coronavirus: SBA CARES Act FAQs

Many REALTORS® are small businesses, or work with them as clients. Find out what provisions are available in the CARES Act for small businesses.

Pivot in Place

Video series. Each week, a member of NAR's 2020 Leadership Team shares tips and updates on the real estate industry during this unprecedented time.