Inside this issue
  FAQs from initial NVR Eviction Moratorium Webinar  
By Christal Park Keegan, NVR Legal Information Line Attorney
Nevada REALTORSⓇ (NVR) hosted a webinar on the eviction moratorium to clarify the overwhelming number of burning questions from its members.  The webinar was recorded and can be viewed here. As promised, we address the following questions which were sent into the panelist via the chat message feature during the webinar. See below for information on NVR's next Eviction Moratorium webinar, scheduled for July 14 at 10 a.m.

Click here to link to a PDF, featuring the full Q&A article.


  Second eviction moratorium webinar scheduled for July 14  
  Nevada REALTORS® members who are property managers please take note. NVR is hosting a second webinar on the Eviction Moratorium with Special Guests, the Honorable Judge Saragosa and the Honorable Judge Hascheff, as well as staff from the Nevada Attorney General's office and the NVR legal team. The webinar is set for Tuesday, July 14 at 10 a.m. Click here to register for the upcoming webinar.
The event is an hour deep dive into the complexity of the Governor's Directive lifting the moratorium. Tuesday's webinar is part of a continuing series of webinars as NVR members work their way through the various phases of reopening Nevada.
If you missed the initial webinar you can view it here.


  NAR Calls on Housing & Urban Development to Withdraw Disparate Impact Rule  

The National Association of REALTORS® on Monday asked the Department of Housing & Urban Development to withdraw its proposed rule to amend the HUD interpretation of the Fair Housing Act's disparate impact standard. In the letter, NAR cites broad national consensus to advance efforts to eradicate racial discrimination while arguing HUD's revisions place too heavy a burden on the ability of parties to bring legitimate initial disparate impact claims.

NAR submitted initial comments to HUD after the Department unveiled its proposed rule last October. While commending HUD's stated goal to make its enforcement policy consistent with the Supreme Court decision in Texas Dept. of Housing and Community Affairs v. Inclusive Communities Project, Inc., NAR also expressed concerns that some of HUD's revisions place too heavy a burden on the ability to bring an initial disparate impact claim. Click here to continue reading.


Top Pandemic, recession, protests aren't keeping housing market down  

The housing market is back-and then some. Despite the crippling and ongoing coronavirus pandemic, millions out of work, a recession, a national reckoning over systematic racism, and a highly contentious presidential election just around the corner, the residential real estate market is staging an astonishing rebound.

Median home prices shot up 6.2% year over year on® in the week ending June 27, according to weekly data. Homes are selling faster than they did in 2019, when no one had heard of COVID-19. And bidding wars are back as first-time and trade-up buyers who have lost out on other homes slug it out. Click here and read the full article.