{"id":17875,"date":"2024-01-09T19:18:28","date_gmt":"2024-01-09T19:18:28","guid":{"rendered":"https:\/\/realtorparty.realtor\/?p=17875"},"modified":"2024-02-05T18:30:44","modified_gmt":"2024-02-05T18:30:44","slug":"1118-2-2-2-2-2-2-2-2-2-2-2-2-2-2-4-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-3-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2","status":"publish","type":"post","link":"https:\/\/realtorparty.realtor\/news\/newsletters\/realtor-party-news\/0124","title":{"rendered":"REALTOR\u00ae Party News – January 2024"},"content":{"rendered":"

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Kicking Off a Crucial Election Year<\/a><\/h3>\n

The REALTOR\u00ae Party is ready to hit the ground running on a demanding year. Read our recap of 2023 successes and get a refresher on the resources available to your association to help advocate for property ownership and support REALTOR\u00ae champions in 2024.<\/p>\n

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4.71<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]During NAR’s year-end Real Estate Forecast Summit, Chief Economist Lawrence Yun forecasted an improved housing market in 2024 and predicted 4.71 million existing-home sales. “The demand for housing will recover from falling mortgage rates and rising income,” Yun said. “In addition, housing inventory is expected to rise by around 30% as more sellers begin to list after delaying selling over the past two years.\u201d<\/p>\n

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2018<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]The U.S. Department of Labor (DOL) proposed on Dec. 20 to rescind the 2018 Association Health Plans (AHP) final regulations which would have allowed real estate professionals and other small businesses to participate in an AHP. NAR will file detailed comments laying out strong objections to this proposal and setting the record straight that AHPs offer high-quality, low-cost health coverage options to employees of small businesses and self-employed individuals, including real estate professionals.<\/p>\n

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2021<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]NAR welcomed Freddie Mac\u2019s expansion of its Condo Project Advisor tool last month after previously advocating for these changes and calling for government-sponsored enterprises to improve the availability and consistency of association documentation, financials, and studies. These important steps will help HOAs meet the more stringent requirements established after the Surfside building collapse in 2021.<\/p>\n

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11%<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]NAR submitted a letter to the Bureau of Reclamation last month on the Revised Draft Supplemental Environmental Impact Statement for Near-term Colorado River Operations. Eleven percent of the country\u2019s water resources are used for residential and commercial property, and a lack of adequate water resources can have far-reaching impacts on real estate markets. NAR offered these comments to help ensure these water supplies remain viable over the long-term.<\/p>\n

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$49.5M <\/strong><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]In 2023, RPAC fundraising reached 98% of its national goal with $49.5 million raised at all three levels of the association, and 133% of its federal disbursements allocation goal with $13.2 million raised at the national level. RPAC ended the year with 12,681 Major Investors (110% of goal), 1,783 President\u2019s Circle members (154% of goal), and a 36% participation rate. Congratulations and thank you to every 2023 investor![\/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

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Transforming Neighborhoods Helping Revitalize Greensburg, Pa. <\/a><\/h3>\n

Like many areas formerly bolstered by the steel and coal industries, the city of Greensburg in western Pa. has experienced a notable population and business decline. Tapping into the REALTOR\u00ae Party\u2019s Transforming Neighborhoods<\/a> program, the REALTORS\u00ae Association of Westmoreland, Indiana and Mon Valley brought in the Counselors of Real Estate to provide in-depth economic analysis and recommendations. The final report is informing the city\u2019s plan and inspiring leaders to think big as it addresses downtown redevelopment.<\/p>\n

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Greater Portland Board of REALTORS\u00ae Takes DEI to the Streets with High-Visibility Bus-Wrap Campaign<\/a><\/h3>\n

When the Greater Portland Board of REALTORS\u00ae, which serves the largest metropolitan area in the state of Maine, wanted to get its Fair Housing values in front of the community, it wrapped that message around a bus traveling the prominent South Portland route. Through a REALTOR\u00ae Party Fair Housing Grant<\/a>, the colorful mobile campaign ran for three months, catching the public\u2019s attention and positioning the local REALTORS\u00ae as leaders in diversity, equity, and inclusion.<\/p>\n

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Idaho REALTORS\u00ae Welcomes Residents with New Guidebook on Rural Issues<\/a><\/h3>\n

Idaho\u2019s natural beauty has made the state one of the fastest growing in the nation. While newcomers \u2013 and even long-time residents \u2013 may be avid enthusiasts of the landscape and waterways, they don’t always know what it takes to protect the long-term health of Idaho’s natural environment. As ambassadors for the state, Idaho REALTORS\u00ae used a REALTOR\u00ae Party Rural Outreach Grant to help create Your Idaho: A Stewardship Guidebook<\/em>, which informs readers on how to safeguard Idaho’s natural resources for future generations.<\/p>\n

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Bike-Centered Placemaking Project Makes a Wheel Difference <\/a><\/h3>\n

The city of DeBary is Florida’s bicycle hub. With the Main Street Community Plan spurring new construction and growth, many citizens had expressed a need for transportation alternatives. Following discussions with city leadership, and with help from a REALTOR\u00ae Party Placemaking Grant<\/a>, the West Volusia Association of REALTORS\u00ae designed a pocket park where many of the city\u2019s bike trails meet.<\/p>\n

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Apply for a Community Outreach Grant in 2024 <\/a><\/h3>\n

Transform a vacant lot into a vibrant park or gathering spot. Tackle regulatory hurdles to address housing inventory and affordability. Further fair housing and advocate for smart growth. Community Outreach Grants<\/a> empower state and local REALTOR\u00ae associations to enhance communities, improving affordability and livability. Associations can access grant applications<\/a> through October 15th or until capacity is reached. Explore success stories<\/a> or view a webinar recording<\/a> for ideas.<\/p>\n

Questions? Contact <\/em>Christine Windle<\/em><\/a>.<\/em><\/p>\n

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Transforming Neighborhoods Applications Due Feb. 9<\/a><\/h3>\n

Local REALTOR\u00ae associations have a few more weeks to apply for NAR\u2019s Transforming Neighborhoods program to bring the Counselors of Real Estate\u2019s Consulting Corps expert real estate problem-solving skills to your area. Does your community need help reimagining a neighborhood or town center, repurposing a brownfield or other troubled site, spurring economic development, or igniting commercial activity? Online applications<\/a> are due by Feb. 9.<\/p>\n

Questions? <\/em>Contact <\/em>Samantha DeKoven<\/em><\/a> at the Counselors of Real Estate or <\/em>Hugh Morris<\/em><\/a> at NAR.<\/em><\/p>\n

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RPAC Major Investor Event Fundraising Grant <\/a><\/h3>\n

NAR\u2019s Major Investor Event-Based Fundraising Program<\/a> helps associations educate REALTORS\u00ae on the importance and benefits of investing in RPAC. This program aims to recruit new and step-up RPAC Major Investors and President\u2019s Circle members. Attendees get a special legislative briefing and the opportunity to hear a deep dive from RPAC volunteer leadership.<\/p>\n

Questions? Contact <\/em>Jenn Nguyen<\/em><\/a>.<\/em><\/p>\n

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RPAC Fundraising Grants Available<\/a><\/h3>\n

RPAC Fundraising Grants<\/a> assist state and local associations in hosting fundraising events and activities designed to increase RPAC fundraising and participation. This program is limited to states with campaign finance laws that do not ban the use of corporate money to pay for RPAC fundraising activities. Fundraising activities must produce tangible results and cannot be recognition events. Read more<\/a> about the policies and restrictions at the REALTOR\u00ae Party website.<\/p>\n

Questions? Contact <\/em>Carlyle Smith<\/em><\/a>.<\/em><\/p>\n

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Access Exclusive Deals to Curate, a Local Policy Tracking Solution<\/a><\/h3>\n

Curate<\/a>, a product of FiscalNote, offers local legislative tracking software to keep your association ahead of policy change within cities, counties, and school districts. NAR has negotiated an exclusive rate package available to state and local REALTOR\u00ae associations who choose to partner with Curate for their policy tracking needs.<\/p>\n

To learn more, contact <\/em>Drew Myers<\/em><\/a>.<\/em><\/p>\n

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

The Vote, Act, Invest Advocacy Resource Guide<\/a> 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 Kathleen LaMarre<\/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_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":" The REALTOR\u00ae Party is ready to hit the ground running on a demanding year. Read our recap of 2023 successes and get a refresher on the resources available to your association to help advocate for property ownership and support REALTOR\u00ae champions in 2024. ","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-17875","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\/17875","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=17875"}],"version-history":[{"count":0,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/posts\/17875\/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=17875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/categories?post=17875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/tags?post=17875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}