The following are brief highlights from this week's report:
NAR's Weekly Housing Market Monitor continues to show a housing market recovery. This week, the data shows an increase in contract signings and continued low mortgage rates. And the number of unemployed construction jobs is falling, meaning more are getting work.
Over the weekend, President Trump signed a series of executive orders related to the COVID-19 pandemic following the breakdown of talks in Congress on a new relief package. NAR sent a letter to congressional leadership urging both sides of the aisle to come to a legislative compromise that bolsters our economy and helps families.
This week, NAR joined a broad range of U.S. businesses to support extending 2020 Census deadlines. And NAR President Vince Malta weighed in on an announcement by Fannie Mae and Freddie Mac of plans to impose a new fee on mortgage refinances starting September 1, calling it "the absolute wrong policy at the wrong time."
This year's Leadership Summit is August 17-19. Join 2021 NAR President Charlie Oppler and his Leadership Team as he presents his priorities for the upcoming year. For more information, visit here.
A new Commitment to Excellence (C2EX) Broker Webinar is designed to help you better understand the C2EX platform and its administrative capabilities. Thursday, August 27, 3:30 PM EDT. Please register here.
NAR Vice President of Association Affairs Mabél Guzmán released a special video message titled "The New Flood Factor Feature." In this video, Mabél explains how REALTORS® can be a source of flood risk information. Please watch her video here.
As many communities and businesses are re-opening, the Centers for Disease Control and Prevention (CDC) issued guidance for people to resume some daily activities as safely as possible; please share it with your members and colleagues. The CDC guidance also includes tips for running essential errands and participating in personal and social activities.