The real estate industry has helped Americans of every background build wealth through homeownership. Yet, for much of the 20th century, many African Americans have been excluded from these opportunities to build intergenerational wealth.
News Releases
![NAR Chief Economist Lawrence Yun](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/2021-11-12-residential-economic-issues-and-trends-forum-lawrence-yun-11-12-2021-1300w-867h.jpg?itok=w27u3Dzq)
The outlook for the residential real estate market, which performed exceptionally well during the height of the pandemic, continues to be promising, according to NAR Chief Economist Lawrence Yun.
![Gail Hartnett, 2021 recipient of the NAR Distinguished Service Award Gail Hartnett, 2021 recipient of the NAR Distinguished Service Award](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/2021-distinguished-service-award-recipient-gail-hartnett-1200w-628h.jpg?itok=iOiG4qRh)
Gail Hartnett's dedication to the real estate industry, NAR, and her fellow Idahoans represents everything that the Distinguished Service Award embodies.
November 13, 2021
Media Contact:
Troy Green 202-383-1042![Larry Keating, 2021 recipient of the NAR Distinguished Service Award Larry Keating, 2021 recipient of the NAR Distinguished Service Award](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/2021-distinguished-service-award-recipient-larry-keating-1200w-628h.jpg?itok=W48Y7ujt)
Larry's exceptional service to NAR, the real estate industry, his fellow Missourians and our country makes him truly deserving of this honor.
November 13, 2021
Media Contact:
Troy Green 202-383-1042![Omar Johnson](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/2021-11-12-regulatory-issues-forum-realtors-conference-and-expo-11-13-2021-1300w-867h.jpg?itok=nUH7lK1V)
Johnson acknowledged the need to "pivot and find the opportunity" when connecting with the next generation, especially in the face of regulatory obstacles.
November 12, 2021
Media Contact:
Emily Newman 202-383-1287![Descriptive](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/smiling-woman-with-gray-hair-holding-clipboard-in-an-office-GettyImages-1304877913-1300w-867h.jpg?itok=gK-MBPDM)
During a panel session at the 2021 REALTORS® Conference & Expo, several top real estate brokers discussed how the pandemic has altered their business models and also shared their outlook for the coming year.
![House with flooded front yard House with flooded front yard](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/house-with-flooded-front-yard-GettyImages-155384211-1300w-867h.jpg?itok=2eo84dEI)
NAR and FEMA expressed their shared support for the NFIP's modernized Risk Rating 2.0: Equity in Action flood insurance pricing system, and renewed their commitment to ensuring consumers are informed and prepared.
![Descriptive](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/real-estate-agent-and-smiling-couple-in-home-GettyImages-1319763870-1300w-867h.jpg?itok=hM9TQu1a)
Relocation to be closer to family had been rising in recent years, however, the COVID-19 outbreak accelerated that trend.
November 11, 2021
Media Contact:
Quintin Simmons 202-383-1178![Aerial view of a suburban neighborhood Aerial view of a suburban neighborhood](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/suburban-neighborhood-GettyImages-825271528-1300w-867h.jpg?itok=vpKfw888)
Strong homebuyer demand and limited housing supply led to median sales prices rising for existing single-family homes in all but one of 183 measured markets in the third quarter of 2021.
November 10, 2021
Media Contact:
Quintin Simmons 202-383-1178![U.S. Capitol building in Washington, DC U.S. Capitol building in Washington, DC](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/us-capitol-building-louis-velazquez-588272-unsplash-1300w-867h.jpg?itok=exoIhUho)
We look forward to working with Congress and the administration to ensure this redirected money does not diminish the vital GSE mission to provide affordable housing and equal access to credit in America.
November 6, 2021
Media Contact:
Tori Syrek