Each of the four major regions saw an increase in month-over-month contract activity, as well as growth in year-over-year pending home sales transactions compared to one year ago.
News Releases
NAR prepared a comprehensive overview of the bill and is offering separate, evolving guidance to help its members navigate the crisis.
NAR makes numerous business-critical resources immediately available to all of the association’s 1.4 million members at reduced or no cost.
HUD will grant $40 million to organizations addressing fair housing violations across the U.S. More than $1 million is being awarded within locations designated as underserved by the Qualified Opportunity Zone program, which NAR has championed since it was established in 2017 tax reform legislation.
Of the four major regions, only the Northeast reported a drop in sales, while other areas saw increases, including sizable sales gains in the West.
Nearly half of Realtors® – 48% – said home buyer interest has decreased due to the coronavirus outbreak. However, 69% of Realtors® said there’s no change in the number of homes on the market.
NAR will no longer hold the 2020 REALTORS® Legislative Meetings and Trade Expo in person from May 11–16 in Washington, DC. It will deliver previously-planned programming and committee meetings virtually.
Second Century Ventures, NAR's venture capital arm, has invested in RealX, an exchange to buy, sell, and lease property rights.
The changes include stopping open houses, requiring potential buyers to wash their hands or use hand sanitizer, asking buyers to remove shoes or wear footies, or other changes.
Based in London, the REACH UK team will work closely with NAEA Propertymark, the UK’s leading professional body for estate agency personnel.