Long-Awaited FHA Condo Rule Goes into Effect

On August 14, 2019, the U.S. Department of Housing and Urban Development (HUD) released the long-awaited final rule on project approval for single-family condominiums insured by the Federal Housing Administration (FHA). For many years, NAR urged HUD to finalize...

Safety First!

A friendly reminder to all… Safety first! Does something seem a little off? What is your gut telling you? Trust your instincts, do your homework and take precautions. Beware of scam artists that may try to take advantage of you or your clients. NAR has a wealth...

CA Tightens Up Rent Control

Calif. Gov. Gavin Newsom signed into law this week a measure that would cap rents throughout the state, a move that the real estate industry has warned could have dire long-term consequences. The law limits annual rent increases that landlords can enact on tenants in...

New Appraisal Exemption Rule Took Effect 10/9

Certain home sales of $400,000 and below will no longer require an appraisal, under a new rule that takes effect today. Homes that qualify for the appraisal exemption can receive an evaluation instead. This is the first time in 25 years that federal regulators have...