National Association of REALTORS® meets with White House on Eviction Moratorium

NAR meets with White House on Eviction Moratorium Sep 16, 2020 7:28 AM Megan Booth Yesterday, NAR President Vince Malta and other NAR leaders met with officials from the White house office of the Domestic Policy Council and the National Economic Council to discuss the eviction moratorium. President Malta outlined our significant concerns with theContinue reading “National Association of REALTORS® meets with White House on Eviction Moratorium”

National Rental Eviction Moratorium Ordered Through December…The National Association of REALTORS® Response

As CDC, White House Unveil Eviction Moratorium Executive Order, NAR Urges Immediate Congressional Action on Rental Assistance September 1, 2020 WASHINGTON (September 1, 2020) – National Association of Realtors® President Vince Malta, along with CCIM and the Institute of Real Estate Management, released the following statement Tuesday evening in response to a new CDC andContinue reading “National Rental Eviction Moratorium Ordered Through December…The National Association of REALTORS® Response”

Prices for Lumber Soar as New Homes Prices Spike

From The National Association of Home Builders: Average New Home Price Now $16,000 Higher Due to Lumber The recent spike in softwood lumber prices has caused the price of an average new single-family home to increase by $16,148 since April 17, according to NAHB standard estimates of lumber used to build the average home. Similarly,Continue reading “Prices for Lumber Soar as New Homes Prices Spike”

Flood Risk Tool for Consumers Rolled Out Today

Realtor.com® Announces New Flood Risk Tool – Washington Report Joseph Ventrone Washington Report: Advocacy Updates from Washington D.C. Realtor.com® Announces New Flood Risk Tool August 26, 2020 National Flood Insurance Program By: Austin Perez On August 26, 2020, realtor.com® rolled out a new property listing feature called Flood Factor™, an online flood risk visualization toolContinue reading “Flood Risk Tool for Consumers Rolled Out Today”

Breaking News from the National Association of REALTORS® re: PPP Loans

SBA Rolls Out Major Updates to PPP The Small Business Administration and U.S. Treasury Department on Wednesday rolled out major updates to the Paycheck Protection Program, offering automatic forgiveness for certain independent contractors and creating a broader application form for forgiveness. Specifically, the updated forms clarify that the “owner compensation” amount automatically forgiven for borrowersContinue reading “Breaking News from the National Association of REALTORS® re: PPP Loans”

National Association of REALTORS® – Mortgage & Personal Finance RE: COVID-19

My company’s offices are closed, and I am having a hard time providing my final verification of employment within the 10 days prior to loan closing. FHA and RHS are allowing verbal verification of employment. Specifically, your employer can provide this by phone. RHS is also allowing email verification. If you cannot get either ofContinue reading “National Association of REALTORS® – Mortgage & Personal Finance RE: COVID-19”