Compass CEO Robert Reffkin calls on Congress to provide aid to agents

Robert Reffkin argued coronavirus aid shouldn’t be limited to W2 workers. The National Association of Realtors has also said it is working to ensure aid packages benefit to agents. Continue reading

Rental season ‘completely derailed’ by coronavirus

Apartment search company RentCafé said that in the last week searches for apartments on its site have fallen 25 percent. Continue reading

Northwest MLS halts open houses amid coronavirus crisis

The multiple listing service has disabled the open house feature in its tech platform, meaning agents won’t be able to input, search or view open houses. Continue reading

Fannie Mae posts $14.2B in profit in 2019 as it eyes exit from conservatorship

The FHFA is taking steps to free Fannie Mae from government conservatorship as the company posts big profits. Continue reading

Trump administration proposes massive cuts to HUD

The President’s budget for Fiscal Year 2021 calls for the elimination of block grant programs and a reduction of HUD’s budget by 15 percent. Continue reading

NAR president applauds Trump’s State of the Union address

NAR President Vince Malta praised President Trump’s mention of Opportunity Zones, infrastructure reform and association health plans. Continue reading

NAR president applauds Trump’s planned environmental rule change

Vince Malta applauded the White House’s proposal to “modernize” a rule that governs an array of infrastructure projects, though the move also drew condemnation from the left. Continue reading

6 housing topics to talk about (instead of politics) on Thanksgiving

Thanksgiving dinners can quickly turn tense when touchy subjects are brought up. Here are six interesting housing topics to chat about instead. Continue reading

President Trump’s tax cuts cost homeowners $1 trillion: Report

Policies passed in 2017 that capped various real estate-related federal tax deductions limited housing price growth. Continue reading

Trump Administration cites housing regulations as major source of homelessness crisis

A new White House report on homelessness says that overregulation and other factors have led to hundreds of thousands of people living on the street. Continue reading