Currently Reading

Is Home Building Essential? The Department of Homeland Security Says Yes

Advertisement

Is Home Building Essential? The Department of Homeland Security Says Yes


April 2, 2020
Real Estate Agent
By Eric Hood

If you still remember being cut from a school play or sports team, you can put that angst to bed because real estate professionals and residential construction builders just made a much more important list earlier this week: The Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency published a 15-page advisory outlining “critical infrastructure” that includes many housing industry professionals. This doesn’t mean that they must workcompanies can still choose to suspend business if they deem the risk of spreading coronavirus too highbut now they have the choice in states that have issued shelter-at-home orders and are following federal guidelines. 

Are the many activities that underline the real estate industry – from home construction to title searches – essential services during the coronavirus pandemic? 

Christopher Krebs, director of the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA), thinks so.  

Earlier this week, Krebs designated “real estate services” as part of the nation’s “critical infrastructure” in a memorandum that serve as a guideline rather than an enforceable federal directive. 

Read More

 

Related Stories

Financing

Mortgage Rates Reach 10-Month High

Mortgage rates crept up last week, resulting in less demand for mortgages and refinancing. Overall mortgage application volume dropped 5.1% from…

Market Data + Trends

Is It Better to Invest in Stocks or Housing? Americans Say Housing

A new study from the Federal Reserve Bank of New York found 90% of Americans prefer owning their primary residence than investing in the stock…

Financing

Climbing Mortgage Rates Add $33,000 to Average Loan

The recent rise in mortgage rates are adding more stress to buyers who are struggling with high home prices. For the week ending April 1, the 30-…

Advertisement
Advertisement

More in Category




Advertisement
Advertisement

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.