NCRC

Fortune, March 22, 2022, Housing boom loses steam? Home sales may drop 25% by the end of summer, says analyst While housing prices aren’t showing any signs of leveling off in the near future, one analyst says he expects total sales to drop precipitously in the coming months. Ian Shepherdson, chief economist and founder of research consulting

CNN, March 23, 2022, Rent jumped 17% since last year, hitting a new record  The cost of monthly rent reached a new high in February, with the typical apartment now $283 more expensive each month than it was two years ago, before the onset of the pandemic. The national median rent was $1,792 last month, up

The New York Times, March 21, 2022, Remote Appraisals of Homes Could Reduce Racial Bias The majority of appraisals on home purchases in the United States can now be conducted without an appraiser ever stepping foot into the home — a move that some lawmakers and real estate professionals say could address pervasive racism against Black

US Department of Housing and Urban Development, March 23, 2022, Biden-Harris Administration Unveils Action Plan of Wide-Ranging Set of Reforms to Advance Equity in Appraisals The U.S. Department of Housing and Urban Development (HUD) today announced the delivery of the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) Action Plan to President Biden. The PAVE