The American Dream Down Payment Act would allow savings for the down payment on a principal residence to grow tax-free, offering a responsible and commonsense approach to the multi-faceted problem of housing affordability in America.
News Releases
![Man wearing a blue and white striped shirt and holding a book with a map cover Man wearing a blue and white striped shirt and holding a book with a map cover](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/man-in-blue-and-white-striped-shirt-holding-book-with-map-cover-adolfo-felix-pZLPqWthDw8-unsplash-1300w-867h.jpg?itok=Msoh18eV)
Between April 2019 and March 2020, foreign buyers purchased 154,000 existing homes in the U.S., down 16% from the prior year.
![Aerial view of a suburban neighborhood Aerial view of a suburban neighborhood](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/suburban-neighborhood-GettyImages-825271528-1300w-867h.jpg?itok=vpKfw888)
This year’s summit was precipitated by recent research suggesting home valuation processes could be influencing the wealth gap between White and Black households in America.
![Person wearing a checked dress shirt typing on a laptop Person wearing a checked dress shirt typing on a laptop](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/person-wearing-a-checked-dress-shirt-typing-on-a-laptop-burst-kUqqaRjJuw0-unsplash-1300w-867h.jpg?itok=DSRIN8YB)
NAR has secured exclusive savings for its 1.4 million members with the San Francisco-based company, including reductions in initial set-up fees and ongoing lead verification discounts.
August 4, 2020
Media Contact:
Wesley Shaw 202-383-1193![Victoria Gillespie and Shannon McGahn](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/gillespie-mcgahn-media-release-primary-100218.jpg?itok=9zXPUBQA)
Gillespie and McGahn were selected from hundreds of candidates for their roles in “shaping and propelling the mortgage, real estate, and fintech industries forward.”
August 3, 2020
Media Contact:
Wesley Shaw 202-383-1193![Flag of the United Kingdom Flag of the United Kingdom](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/flag-of-the-united-kingdom-GettyImages-182808669-1300w-867h.jpg?itok=VKGF16q4)
The REACH UK programme will help scale real estate tech start-ups developing innovation to support and advance the UK property industry.
July 31, 2020
Media Contact:
Wesley Shaw 202-383-1193![The Battle Home The Battle Home](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/the-battle-home-07-28-2020-1300w-867h.jpg?itok=ZFiFjG0H)
Veterans Community Project, founded by NAR Good Neighbor Award winner Mark Solomon, has built a village of 49 tiny homes in Kansas City, Missouri, and provides comprehensive services to battle Veteran homelessness.
July 28, 2020
Media Contact:
Troy Green 202-383-1042![HUD Plaza in Washington, DC HUD Plaza in Washington, DC](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/hud-plaza-1300w-867h.jpg?itok=5ZFkQCWV)
The National Association of Realtors® is disappointed that HUD has taken this step, which significantly weakens the federal government’s commitment to the goals of the Fair Housing Act.
![Real estate agent handing clients a key in an empty house Real estate agent handing clients a key in an empty house](https://cdn.nar.realtor/sites/default/files/styles/inline_image_auto_height__287_/public/real-estate-agent-handing-clients-a-key-GettyImages-1006937990-1300w-867h.jpg?itok=mgPXdtPi)
NAR contends that the racial wealth gap is primarily a housing wealth gap, with lower homeownership rates leaving an impact on minority communities that can last generations.