{"id":15704,"date":"2023-07-11T20:55:49","date_gmt":"2023-07-11T20:55:49","guid":{"rendered":"https:\/\/realtorparty.realtor\/?p=15704"},"modified":"2024-04-10T19:39:14","modified_gmt":"2024-04-10T19:39:14","slug":"1118-2-2-2-2-2-2-2-2-2-2-2-2-2-2-4-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-3-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2","status":"publish","type":"post","link":"https:\/\/realtorparty.realtor\/news\/newsletters\/realtor-party-news\/0723","title":{"rendered":"REALTOR\u00ae Party News – July 2023"},"content":{"rendered":"

[vc_row][vc_column][vc_row_inner content_placement=”top”][vc_column_inner width=”5\/6″][vc_column_text]<\/p>\n

Correcting the Record on Rent Control<\/a><\/h3>\n

Rent control initiatives continue to gain steam across the country, further limiting housing supply and exacerbating affordability issues. NAR is focused on fighting these misguided efforts and sharing the facts. Read more<\/a> about how REALTORS\u00ae are working to advance sound housing policies \u2013 and how you can get involved.<\/p>\n

READ MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_custom_heading text=”What You Need to Know” use_theme_fonts=”yes”][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]<\/p>\n

32% <\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]In NAR\u2019s 2023 Member Profile, released today, 32% of REALTORS\u00ae named a lack of inventory as the most important factor limiting potential clients from making a purchase. Housing inventory fell to the lowest level recorded since 1999 as buyers entered the market at a frenzied pace to lock in historically-low interest rates.
\nREAD MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]<\/p>\n

$5M<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]NAR applauded the Federal Housing Administration for increasing the large multifamily loans threshold for the first time since 2014. The new policy also opens the possibility of future annual increases of $5 million. NAR advocated for this change to create greater flexibility for lenders and facilitate the creation of more rental housing across the country.
\nREAD MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]<\/p>\n

79%<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]A new NAR survey finds Americans living in walkable communities report a higher quality of life. 79% of respondents said being within an easy walk of other places and things, such as shops and parks, is very\/somewhat important. 78% of those indicated that they would be willing to pay more to live in a walkable community.
\nREAD MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]<\/p>\n

2<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]NAR recently joined the National Apartment Association, the National Association of Home Builders, and the Mortgage Bankers Association in filing an amicus brief in support of 2 cases asking the Supreme Court to hear a challenge to New York\u2019s Rent Stabilization Law (RSL). As the brief states, \u201cRent control laws like the RSL exacerbate housing supply and affordability problems by reducing the quantity of available housing. They also reduce housing quality, decrease consumer mobility and entry into the housing market, and provide an inequitable solution to issues of housing affordability.\u201d
\nREAD MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]<\/p>\n

0.2%<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]Existing-home sales edged higher by 0.2% in May. Sales were mixed among the four major U.S. regions, with the South and West posting improvements and the Northeast and Midwest experiencing pullbacks. All four regions experienced year-over-year sales declines.
\nREAD MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]<\/p>\n

65%<\/strong><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]As of June 30, RPAC fundraising reached 65% of its national goal with more than $32.5 million raised at all three levels of the association, and 89% of its federal disbursements allocation goal with $8.8 million raised at the national level. RPAC currently has more than 6,700 Major Investors, 1,800 President\u2019s Circle members, and a 31% participation rate.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_custom_heading text=”The REALTOR\u00ae Party At Work” use_theme_fonts=”yes”][vc_column_text]<\/p>\n

Don\u2019t forget to bookmark NAR\u2019s Washington Report<\/a> for the latest policy updates.<\/strong><\/p>\n

[\/vc_column_text][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]\"summit1217.jpg\"<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]<\/p>\n

East Tennessee Association of REALTORS\u00ae Jumpstarts Riverfront Development<\/a><\/h3>\n

The city of Knoxville has long wanted to revitalize its downtown waterfront along the Tennessee River to create an appealing location and address the increasingly limited housing supply. To help get the project off the ground, the East Tennessee Association of REALTORS\u00ae turned to the REALTOR\u00ae Party\u2019s Transforming Neighborhoods<\/a> program, which awarded the city an in-depth study by a team of experts from the CRE Consulting Corps.
\nREAD More<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]\"summit1217.jpg\"<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]<\/p>\n

Midland Board of REALTORS\u00ae Supports Economic Productivity Analysis<\/a><\/h3>\n

As Midland, Michigan, worked on its Comprehensive Master Plan last year, the city commissioned an in-depth economic analysis to reveal the financial impact of existing and potential development patterns with a view toward future growth. The Midland Board of REALTORS\u00ae secured a Smart Growth Grant<\/a> from the REALTOR\u00ae Party to support the project.<\/p>\n

READ More<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]<\/p>\n

\"summit1217.jpg\"<\/a><\/p>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]<\/p>\n

Neighboring Associations Create Smart Coast California Initiative <\/a><\/h3>\n

California\u2019s 1,100 miles of coastline spans 15 counties, 61 cities, and 27 REALTOR\u00ae organizations. As coastal communities prepare for rising sea levels, multiple REALTOR\u00ae associations have banded together to form Smart Coast California, a centralized non-profit providing economic, planning policy, and engineering considerations to inform decision-making. Issues Mobilization Grants<\/a> from the REALTOR\u00ae Party have supported the initiative.
\nREAD More<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_custom_heading text=”Resources & Opportunities” use_theme_fonts=”yes”][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]\"0422_landUse.jpg\"<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]<\/p>\n

Advocate for Smart Growth with New NAR Survey on Walkable Communities<\/a><\/h3>\n

NAR\u2019s new national poll of 2,000 adults shows strong demand for walkable communities post-pandemic, with over 30% of Gen-Z and Millennials willing to pay more to live in a walkable community. Additionally, 53% of respondents prefer attached dwellings with easy access to shops and restaurants. Access materials<\/a> including a customizable press release<\/a> and assets to share with members or help advocate for a range of housing types, open space, and walkable neighborhoods.<\/p>\n

Questions? Contact <\/em>Hugh Morris<\/em><\/a> at 202-383-1278.<\/em><\/p>\n

LEARN MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]<\/p>\n

\"summit1217.jpg\"<\/a><\/p>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]<\/p>\n

NEW Video Highlights Miami REALTORS\u00ae Housing Affordability Initiative <\/a><\/h3>\n

With the help of a Community Outreach Grant, Miami REALTORS\u00ae built a container home prototype<\/a> with repurposed cargo shipping containers to study and advocate for regulatory changes that can reduce barriers to housing affordability. Learn how they cut through red tape by permitting the use of nonconforming lots, creating an expedited review process, enabling container homes for accessory dwelling units, and reducing overall housing costs.<\/p>\n

LEARN MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]\"summit1217.jpg\"<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]<\/p>\n

Drive With NAR Features Housing Opportunity Grants<\/a><\/h3>\n

On this month\u2019s Drive With NAR podcast<\/a>, hear how two real estate pros who lead local housing efforts leveraged their REALTOR\u00ae organizations and business contacts to magnify their impact. Jenean Watson, vice chair of the Sacramento Association of REALTORS\u00ae\u2019 Diversity, Equity and Inclusion and Fair Housing committees, shares how her association spearheaded a home buyer expo supported by a REALTOR\u00ae Party Housing Opportunity Grant<\/a>.<\/p>\n

LEARN MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]\"summit1217.jpg\"<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]<\/p>\n

Advocacy Resource Guide <\/a><\/h3>\n

The Advocacy Resource Guide<\/a> \u2013 Vote, Act, and Invest, REALTOR\u00ae Party \u2013 <\/em>includes resources and tools that can help associations reach their advocacy goals and meet Core Standards requirements. State and local REALTOR\u00ae association staff can request printed copies for events and conferences by contacting Ted Wright<\/a>. Requests for printed guides must be submitted two weeks prior to the event.<\/p>\n

LEARN MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]\"0623_sustain.jpg\"<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]<\/p>\n

Register Today and Save on NAR’s Sustainability Summit<\/a><\/h3>\n

Attend NAR’s 2023 Sustainability Summit<\/a> to expand your knowledge, reach more customers, and position yourself as the go-to expert in innovative, sustainable solutions. Don’t miss this chance to grow your expertise and stand out in the market. Early bird pricing ends on August 1st \u2013 register now<\/a>!
\nLEARN MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]\"summit1217.jpg\"<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]<\/p>\n

Take a Stand to Support Fair Housing<\/a><\/h3>\n

By educating members about the Fair Housing Act and providing resources, NAR is helping ensure REALTORS\u00ae vigilantly protect the rights of all buyers and sellers. NAR\u2019s ACT! Plan uses accountability, culture change, and training to eliminate discrimination in real estate. Visit NAR.realtor\/ACT<\/a> to learn more about our commitment to fair housing.<\/p>\n

LEARN MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]\"summit1217.jpg\"<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]<\/p>\n

Brokers: Information for Now and Down the Road<\/a><\/h3>\n

NAR\u2019s Broker Engagement Program<\/a> provides exclusive benefits, opportunities, and need-to-know information on current trends that impact brokers\u2019 bottom line today, as well as long-term solutions for strategic growth. Head to broker.realtor<\/a> to take advantage of these programs.<\/p>\n

LEARN MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]\"summit1217.jpg\"<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]<\/p>\n

See Yourself in a Leadership Role? <\/a><\/h3>\n

Sign up for the support and leadership training you need with REALTOR\u00ae L.E.A.D. courses<\/a> \u2013 an innovative development experience specifically designed for emerging and seasoned leaders. Enroll to awaken or define your full leadership potential and take ownership of your vision for the future.<\/p>\n

LEARN MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]\"summit1217.jpg\"<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]<\/p>\n

REALTOR\u00ae Store Summer Sale Is Here<\/a><\/h3>\n

Whether you\u2019re at home, in the office, or on the beach, you can take advantage of your REALTOR\u00ae Store Summer Sale<\/a>! Get 20% off select products now until July 24.<\/p>\n

LEARN MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"Rent control initiatives continue to gain steam across the country, further limiting housing supply and exacerbating affordability issues. NAR is focused on fighting these misguided efforts and sharing the facts. Read more about how REALTORS\u00ae are working to advance sound housing policies \u2013 and how you can get involved.","protected":false},"author":3,"featured_media":3693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[281,20,812,68,813],"tags":[],"class_list":["post-15704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","category-news","category-newsletters","category-realtor-party-news","category-realtor-party-news-newsletters"],"acf":[],"_links":{"self":[{"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/posts\/15704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/comments?post=15704"}],"version-history":[{"count":0,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/posts\/15704\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/media\/3693"}],"wp:attachment":[{"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/media?parent=15704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/categories?post=15704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/tags?post=15704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}