{"id":3084,"date":"2022-05-03T13:15:42","date_gmt":"2022-05-03T13:15:42","guid":{"rendered":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/"},"modified":"2025-03-13T02:41:47","modified_gmt":"2025-03-13T02:41:47","slug":"nar-looks-to-congress-for-action-on-housing-inventory","status":"publish","type":"post","link":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/","title":{"rendered":"NAR looks to Congress for action on housing inventory"},"content":{"rendered":"\n

The National Association of Realtors<\/strong> (NAR) badly wants the federal government to goose housing inventory.  <\/p>\n\n\n\n

\u201cThe number one issue is inventory,” said Shannon McGahn, chief advocacy officer for the trade group. “It is a very stressful experience for your clients.\u201d<\/p>\n\n\n\n

\u201cThe elephant in the room is supply,\u201d said Bryan Greene, vice president of policy advocacy at NAR. <\/p>\n\n\n\n

Greene and McGahn on Monday were addressing a cavernous ballroom of hundreds of real estate agents and brokers. They were assembled for the trade group\u2019s annual legislative meeting at the National Harbor convention center in Maryland.<\/p>\n\n\n\n

But it\u2019s murky what NAR can do, given \u201cthings aren\u2019t moving legislatively,\u201d as Greene put it.<\/p>\n\n\n\n

They are not. Congress has enacted<\/a> 113 items of legislation during the session that began January 2021 and is set to end January 2023, according to GovTrack.US<\/strong>. That compares to 344 legislative items during the previous session, to say nothing of the hundreds of bills Congress routinely passed per session in the 1990s and 2000s.<\/p>\n\n\n\n

\n

The inaction on housing inventory raises questions about how the thousands of real estate agents who have flooded Capitol Hill this week (or, more precisely, a convention center with a giant Ferris wheel<\/a> miles from Capitol Hill) can best spend their time.<\/p>\n\n\n\n

NAR\u2019s legislative meeting is chock full of events on everything from fair housing to environmental land-use concerns, with a mammoth board of directors meeting scheduled for Friday. But the group, with a membership of 1.5 million dues-paying real estate agents, plus nearly every real estate brokerage, is seeing little progress on their legislative agenda<\/a> \u2014 at least in Congress.<\/p>\n\n\n\n

McGahn stressed that lobbying members of Congress in person provides valuable face time that could make a long-term impression.<\/p>\n\n\n\n

\u201cWe need to do consumer-focused efforts like a first-time homebuyer program,\u201d McGahn said. \u201cA lot of staffers on Capitol Hill are buying homes for the first time.\u201d<\/p>\n\n\n\n

In theory, if anyone can influence Washington, it\u2019s NAR. The group routinely places<\/a> first or second, along with the U.S. Chamber of Commerce<\/strong>, for the entity that spends the most on lobbying.<\/p>\n\n\n\n

But NAR\u2019s stranglehold on setting the policies behind the homes that do get sold \u2014 in how homes are listed through multiple listings services, in how commissions are paid by consumers and shared by agents \u2014 is being challenged in multiple court cases.<\/p>\n\n\n\n

In perhaps the most pressing matter, a federal judge last week certified a class<\/a> of hundreds of thousands of homebuyers in Missouri, Kansas and Illinois in a lawsuit about commissions. NAR said it plans to appeal the ruling \u2014 even as the U.S. Department of Justice Antitrust Division<\/strong> quietly continues<\/a> to investigate real estate commissions.<\/p>\n\n\n\n

NAR’s leadership did not address these legal challenges in its afternoon sessions. It is not clear when, or if, leadership will publicly tackle these issues.<\/p>\n\n\n\n

As for specific ideas to improve housing inventory, NAR noted a few proposals that have stalled legislatively. These include the Greater Revitalization of Shopping Centers Act, which would provide federal grants <\/a>to communities to convert underutilized or abandoned malls into housing.<\/p>\n\n\n\n

There\u2019s also the Revitalizing Downtowns Act, the same idea, except it’s focused on office buildings instead of malls<\/a>. Other proposals include the Neighborhood Homes Investment Act<\/a>, \u201cwhich would offer tax credits to attract private investment for building and rehabilitating owner-occupied homes.\u201d<\/p>\n\n\n\n

Each of these proposals were sent to the U.S. House Financial Services Committee in 2021. However, all have failed to muster enough support to get on the calendar for a vote and are currently stuck in committee. <\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

NAR’s annual legislative meeting in Maryland addresses the elephant in the room: the lack of housing inventory.<\/p>\n","protected":false},"author":16592,"featured_media":4822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3255],"tags":[],"coauthors":[736],"class_list":["post-3084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"\nNAR looks to Congress for action on housing inventory - RealTrends - Blog<\/title>\n<meta name=\"description\" content=\"NAR's annual legislative meeting in Maryland addresses the elephant in the room: the lack of housing inventory.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NAR looks to Congress for action on housing inventory\" \/>\n<meta property=\"og:description\" content=\"NAR's annual legislative meeting in Maryland addresses the elephant in the room: the lack of housing inventory.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/\" \/>\n<meta property=\"og:site_name\" content=\"RealTrends - Blog\" \/>\n<meta property=\"og:image\" content=\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Matthew Blake\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Matthew Blake\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/\"},\"author\":{\"name\":\"Matthew Blake\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/person\/05d13720067f6ac4cdc91c8d818a7900\"},\"headline\":\"NAR looks to Congress for action on housing inventory\",\"datePublished\":\"2022-05-03T13:15:42+00:00\",\"dateModified\":\"2025-03-13T02:41:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/\"},\"wordCount\":598,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png\",\"articleSection\":[\"Archive\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#respond\"]}],\"isAccessibleForFree\":\"False\",\"hasPart\":{\"@type\":\"WebPageElement\",\"isAccessibleForFree\":\"False\",\"cssSelector\":\".wp-block-housingwire-piano-member\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/\",\"url\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/\",\"name\":\"NAR looks to Congress for action on housing inventory - RealTrends - Blog\",\"isPartOf\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png\",\"datePublished\":\"2022-05-03T13:15:42+00:00\",\"dateModified\":\"2025-03-13T02:41:47+00:00\",\"description\":\"NAR's annual legislative meeting in Maryland addresses the elephant in the room: the lack of housing inventory.\",\"breadcrumb\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#primaryimage\",\"url\":\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png\",\"contentUrl\":\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png\",\"width\":1200,\"height\":675,\"caption\":\"9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/preprod.realtrends.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NAR looks to Congress for action on housing inventory\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#website\",\"url\":\"https:\/\/preprod.realtrends.com\/blog\/\",\"name\":\"RealTrends - Blog\",\"description\":\"Empowering Real Estate Decisions with Trusted Insights.\",\"publisher\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/preprod.realtrends.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#organization\",\"name\":\"RealTrends - Blog\",\"url\":\"https:\/\/preprod.realtrends.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/cropped-RTV_Horizontal_logo_Blue.png\",\"contentUrl\":\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/cropped-RTV_Horizontal_logo_Blue.png\",\"width\":2321,\"height\":227,\"caption\":\"RealTrends - Blog\"},\"image\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/person\/05d13720067f6ac4cdc91c8d818a7900\",\"name\":\"Matthew Blake\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/person\/image\/6c098320f5117ad0e03285007bd21e3d\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/70a1fef00b77c6830f57f5fe13d7357d4b7de40429cfdd3c0ff0b9e8e060777a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/70a1fef00b77c6830f57f5fe13d7357d4b7de40429cfdd3c0ff0b9e8e060777a?s=96&d=mm&r=g\",\"caption\":\"Matthew Blake\"},\"description\":\"Matthew Blake was HousingWire's senior real estate reporter, covering the people, battles and changes in one of the most elemental parts of the U.S. economy. Before joining HousingWire, Blake reported on real estate for The Real Deal, and covered media and entertainment for the Los Angeles Business Journal. A primarily Chicago resident, Blake graduated from Grinnell College in Iowa, and is unmistakably from the Midwest\",\"url\":\"https:\/\/preprod.realtrends.com\/blog\/author\/mblake\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"NAR looks to Congress for action on housing inventory - RealTrends - Blog","description":"NAR's annual legislative meeting in Maryland addresses the elephant in the room: the lack of housing inventory.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/","og_locale":"en_US","og_type":"article","og_title":"NAR looks to Congress for action on housing inventory","og_description":"NAR's annual legislative meeting in Maryland addresses the elephant in the room: the lack of housing inventory.","og_url":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/","og_site_name":"RealTrends - Blog","og_image":[{"width":1200,"height":675,"url":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png","type":"image\/png"}],"author":"Matthew Blake","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Matthew Blake","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#article","isPartOf":{"@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/"},"author":{"name":"Matthew Blake","@id":"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/person\/05d13720067f6ac4cdc91c8d818a7900"},"headline":"NAR looks to Congress for action on housing inventory","datePublished":"2022-05-03T13:15:42+00:00","dateModified":"2025-03-13T02:41:47+00:00","mainEntityOfPage":{"@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/"},"wordCount":598,"commentCount":0,"publisher":{"@id":"https:\/\/preprod.realtrends.com\/blog\/#organization"},"image":{"@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#primaryimage"},"thumbnailUrl":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png","articleSection":["Archive"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#respond"]}],"isAccessibleForFree":"False","hasPart":{"@type":"WebPageElement","isAccessibleForFree":"False","cssSelector":".wp-block-housingwire-piano-member"}},{"@type":"WebPage","@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/","url":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/","name":"NAR looks to Congress for action on housing inventory - RealTrends - Blog","isPartOf":{"@id":"https:\/\/preprod.realtrends.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#primaryimage"},"image":{"@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#primaryimage"},"thumbnailUrl":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png","datePublished":"2022-05-03T13:15:42+00:00","dateModified":"2025-03-13T02:41:47+00:00","description":"NAR's annual legislative meeting in Maryland addresses the elephant in the room: the lack of housing inventory.","breadcrumb":{"@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#primaryimage","url":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png","contentUrl":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png","width":1200,"height":675,"caption":"9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d"},{"@type":"BreadcrumbList","@id":"https:\/\/preprod.realtrends.com\/blog\/2022\/05\/03\/nar-looks-to-congress-for-action-on-housing-inventory\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/preprod.realtrends.com\/blog\/"},{"@type":"ListItem","position":2,"name":"NAR looks to Congress for action on housing inventory"}]},{"@type":"WebSite","@id":"https:\/\/preprod.realtrends.com\/blog\/#website","url":"https:\/\/preprod.realtrends.com\/blog\/","name":"RealTrends - Blog","description":"Empowering Real Estate Decisions with Trusted Insights.","publisher":{"@id":"https:\/\/preprod.realtrends.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/preprod.realtrends.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/preprod.realtrends.com\/blog\/#organization","name":"RealTrends - Blog","url":"https:\/\/preprod.realtrends.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/cropped-RTV_Horizontal_logo_Blue.png","contentUrl":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/cropped-RTV_Horizontal_logo_Blue.png","width":2321,"height":227,"caption":"RealTrends - Blog"},"image":{"@id":"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/person\/05d13720067f6ac4cdc91c8d818a7900","name":"Matthew Blake","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/person\/image\/6c098320f5117ad0e03285007bd21e3d","url":"https:\/\/secure.gravatar.com\/avatar\/70a1fef00b77c6830f57f5fe13d7357d4b7de40429cfdd3c0ff0b9e8e060777a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/70a1fef00b77c6830f57f5fe13d7357d4b7de40429cfdd3c0ff0b9e8e060777a?s=96&d=mm&r=g","caption":"Matthew Blake"},"description":"Matthew Blake was HousingWire's senior real estate reporter, covering the people, battles and changes in one of the most elemental parts of the U.S. economy. Before joining HousingWire, Blake reported on real estate for The Real Deal, and covered media and entertainment for the Los Angeles Business Journal. A primarily Chicago resident, Blake graduated from Grinnell College in Iowa, and is unmistakably from the Midwest","url":"https:\/\/preprod.realtrends.com\/blog\/author\/mblake\/"}]}},"jetpack_featured_media_url":"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/posts\/3084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/users\/16592"}],"replies":[{"embeddable":true,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/comments?post=3084"}],"version-history":[{"count":1,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/posts\/3084\/revisions"}],"predecessor-version":[{"id":7801,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/posts\/3084\/revisions\/7801"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/media\/4822"}],"wp:attachment":[{"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/media?parent=3084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/categories?post=3084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/tags?post=3084"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/preprod.realtrends.com\/blog\/wp-json\/wp\/v2\/coauthors?post=3084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}