Coronavirus

Please note: Most of the information featured on this page is for historical purposes only. Most of the federal government assistance programs listed here have expired.

On March 10, 2021, Congress passed a $1.9 trillion coronavirus relief package known as the “American Rescue Plan of 2021.” President Biden signed the bill on March 11, 2021. Read the summary of the major provisions of that bill impacting REALTORS®.

The National Association of REALTORS® provided 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 have been collected on this page. NAR has issued information and guidance for the following:

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

Featured

Guidance from NAR

Coronavirus: Housing Providers FAQs

June 22, 2022

Housing providers need to maintain and, if necessary, increase the steps they have already taken to minimize the spread of the COVID-19 virus.

Coronavirus: Small Business Relief FAQs

February 24, 2022

The SBA Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) Advance Grant Program are both closed to new applications.

Rental Assistance Resources

November 12, 2021

The Supreme Court ruled that the latest federal eviction moratorium was unlawful, but state and local moratoria may still be in effect.

Coronavirus: Health Insurance Options Through the American Rescue Plan FAQs

The American Rescue Plan: Health Insurance Options

April 12, 2021

The enacted American Rescue Plan included two health care-related changes that may help members better afford health insurance coverage.

Coronavirus Guidance: Commercial Real Estate

April 22, 2021

Resources to help guide REALTORS® as they navigate the changing commercial real estate landscape in the industry amidst COVID-19.

Coronavirus: A Guide for REALTORS®

January 19, 2021

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

Coronavirus: A Guide for REALTOR® Associations

January 20, 2021

NAR is providing this guidance to help REALTOR® associations respond to the coronavirus's potential impact on the real estate industry.

Adopt to Adapt

report

January 4, 2023

This report provides insight into changes that were made during the pandemic across the real estate industry that are here to stay.

Advocacy

Please note: Most of the information featured below is for historical purposes only. Most of the federal government assistance programs listed here have expired.

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.

Frequently Asked Questions and Quick Reference Guides

Legislative Summaries

The American Rescue Plan Act (signed into law on March 11, 2021)
The 900-Billion COVID-19 Relief Package (signed into law on December 27, 2020)
The HEALS Act (Released by the Senate on July 27, 2020)
Paycheck Protection Program (PPP) Extended Through August 8 (passed by the Senate on July 1, 2020)
The Paycheck Protection Program Flexibility Act (passed by the Senate on June 3, 2020)
The HEROES Act (introduced by the House on May 12, 2020)
The CARES Act II (signed into law on April 23, 2020)
The CARES Act (signed into law on March 27, 2020)
The Families First Coronavirus Response Act (signed into law on March 18, 2020)

Infographics, Flowcharts, Flyers, Surveys, and Checklists

Please note: The SBA Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) Advance Grant Program are both closed to new applications. Please check the Coronavirus: Small Business Relief FAQs for general information on the programs and the forgiveness process for each. Also, the Pandemic Unemployment Assistance (PUA) program expired on September 5, 2021, per federal law.

Videos

How to Complete the PPP Loan Forgiveness Application Form 3508EZ (July 17, 2020)
The Pandemic Unemployment Assistance Guide for REALTORS® (May 1, 2020)
How To Secure Your Business Through The CARES Act (April 23, 2020)

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 the member's nar.realtor login.

Impact on Real Estate Market

Mortgage Rates Rise for First Time in Over a Month — As Key Economic Reports Shift the Market’s Outlook (MarketWatch, Aug. 14, 2021)

Something Big Is About to Happen in the Housing Market (Fortune, Jul. 26, 2021)

U.S. Housing Market Floats Back to Earth (Reuters, Jul. 22, 2021)

Illinois, Florida and New Jersey Dominate Markets Most at Risk from Damage Related to Coronavirus Pandemic (ATTOM, Jul. 22, 2021)

This State Has The Least Affordable Housing Market In The U.S. Based On Income — And It’s NOT California (MarketWatch, Mar. 18, 2021)

A Surprising Twist In The COVID Housing Market: The High End Is Sizzling Just As Much As The Low End (Fortune, Mar. 7, 2021)

How the COVID-19 Pandemic Is Affecting Real Estate and Life at Home (realtor.com®, 2020)

REALTORS® Confidence Index (National Association of REALTORS®)

Long-Term Implications of the Pandemic

Will the Housing Market Cool Off by Fall? Here’s What Experts Predict (Forbes Advisor, Aug. 10, 2021)

The End of The Housing Boom Will Be When Mortgage Rates Rise in 2022 (Forbes, Jul. 27, 2021)

One Year With COVID-19: The Pandemic’s Temporary And Permanent Impacts On CRE (RE Journals, Mar. 5, 2021)

Commercial Real Estate’s Pandemic Pain Is Only Just Beginning (Bloomberg, Dec. 22, 2020)

When the Coronavirus Pandemic Settles Down, so Will Homeowners (The Wall Street Journal, Nov. 24, 2020)

Covid Pushes Real Estate Into the Future (The New York Times, Nov. 13, 2020)

Behind Real Estate’s Surprise 2020 Boom and What Comes Next (Fortune, Oct. 20, 2020)

COVID-19 Has Changed the Housing Market Forever. Here’s Where Americans Are Moving (And Why) (Forbes, Oct. 11, 2020)

House Tours Go Virtual and May Never Go Back (The East Hampton Star, Aug. 26, 2020)

Covid Will Have Larger Impact on Commercial Than Residential Real Estate, Says New York Architect (Mansion Global, Jun. 15, 2020)

Millennial Homeownership Could Be Delayed By Years As COVID-19 Eats Into Down Payment Savings (realtor.com®, Jun. 8, 2020)

Reopening Workplaces

Where Big Companies Stand on Delta Variant and Return to Office Plans (CNBC, Aug. 5, 2021)

A Guide to Reopening Your Business (U.S. Chamber of Commerce, Jul. 20, 2021)

Workplaces and Businesses: Plan, Prepare, and Respond (CDC, Jun. 22, 2021)

The Office Is Back. What If Covid Has Other Plans? (The Wall Street Journal, Jun. 24, 2021)

Back to the Workplace: How to Plan Your Reopening (SHRM, Mar. 18, 2021)

16 Useful Tips For Safely Reopening Offices (Forbes, Mar. 10, 2021)

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.