NAR REALTOR® Party

The December episode of The Advocacy Scoop podcast recaps all of NAR's Advocacy Wins in 2024. Listen at the link below or wherever you get your podcasts! https://lnkd.in/gsn6HFvT

Check out this video Utah Central Association of REALTORS made to show the importance of using a REALTOR! https://lnkd.in/g-e49vTk

Flood risk is real, and the stakes are high. With over 10 million high-risk homes uninsured, now is the time for action. Dive into NAR’s conversation with FEMA’s Jeff Jackson to uncover strategies for long-term solutions to the National Flood Insurance Program (NFIP). Learn how we can work together to protect communities and advocate for impactful reforms. Watch now! https://lnkd.in/gbm-dHpd

NAR staff will hold a webinar on Tuesday 12/10 at 2pm ET for members and association staff to answer any questions regarding the FinCEN Beneficial Ownership Information (BOI) Reporting Rule and to ensure compliance with the rule which will take effect on January 1, 2025. Register here: https://lnkd.in/g5GwQpmU #REALTORParty

NAR's Community Outreach team is hosting a webinar to share information about their grants and other resources that can be leveraged by state and local associations to impact their communities! Read more and register here: https://lnkd.in/g4DGFmVD

Want to know how bad affordability is? Ask first-time home buyers. NAR released its annual profile of home buyers and sellers, and the data is clear. First-time buyers (as part of total market share) down to 24%, an 8% drop from last year marking the lowest share since at least 1981. First-time buyer median age has now increased to 38. Lowering inflation and rates will help, but the real impact on affordability will come from increasing housing supply. NAR has solutions. Oh, and who will facilitate the purchasing of this new inventory? 88% of buyers and 90% of sellers choose to use a real estate agent or broker for their transaction.

The last stop of the pre-election road show was to the battleground of Long Island where New York State Association of REALTORS, Inc. Mike Kelly and I talked election predictions and swing seats. If you want to know where the wind might blow, keep an eye on NY Districts 1, 2, 3, and 4 on election night. We are very engaged in support of our NAR REALTOR® Party Champions in these pivotal races. Thank you to Marlo Paventi and Kevin Brady at the Long Island Board of REALTORS® for putting together a great event!

National Association of REALTORS® President Kevin Sears joined housing leaders for a panel reception focused on the Housing Supply Accelerator Playbook, a guide that contains more than 40 strategies for state and local governments to deploy in the fight for housing affordability. "The U.S. is facing an underbuilding gap of 5.5 million units, translating to a $4.4 trillion underinvestment in housing. Addressing the nation’s housing affordability challenges starts with adding to the severely limited inventory, and that is the focus of the Housing Supply Accelerator." https://lnkd.in/egxcGb56

Had a great visit with Tennessee REALTORS® and Tennessee Governor Bill Lee. "NAR’s strong connections with governors nationwide enhances our ability to support our members across our local and state REALTOR® associations." Andrew G. Myers https://lnkd.in/eMpMP567

Capped off a great week in the Carolinas with a visit to NCR’s Annual Convention in Wilmington, NC and SCRPAC’s Strategic Planning and Grand Prix fundraiser event in Kershaw, SC. We’re in the election homestretch and these two states are engaging their members in getting out the vote to support NAR REALTOR® Party Champions! NC Association of REALTORS® South Carolina REALTORS®