REALTOR® Party News

REALTOR Party News – November 2019

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REALTOR® Party Leaders Plan for 2020

More than 600 REALTOR® Party leaders gathered in Austin, Texas for the 2020 REALTOR® Party Training Conference to plan for the coming year’s advocacy outreach effort! During the two-day event, the REALTOR® Party Pillars were unveiled, which outlines NAR’s advocacy focus and reaffirms, our commitment to protecting home and property ownership, private property rights, and strengthening communities.
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By the Numbers

10

Number of outperforming metro markets identified in NAR’s newest report released during the Real Estate Forecast Summit. NAR identified the top 10 metro areas where it expects home price appreciation to outpace in the next three to five years based on a myriad of factors.
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The 2020 FHA loan limit for most of the country. This represents an increase of nearly $17,000 over 2019’s loan limit of $314,827. Thanks to increases in home prices in 2019, the Federal Housing Administration loan limit will increase for nearly all of the country in 2020.
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5

Number of NAR-supported bills impacting federal credit and student loan debt policy. NAR sent a letter of support to the House Financial Services Committee (HFSC) Chairwoman Maxine Waters (D-CA) and Ranking Member Patrick McHenry (R-NC) for the group of bills to be marked up by the committee.
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The REALTOR® Party At Work

Highlighted here are a few of the many REALTOR® Party success stories across the nation. These and others are cataloged in the Success Stories section on REALTORParty.realtor.

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Northwest Arkansas REALTORS® Fight Unreasonable Residential Driveway and Garage Zoning

When the City Council of Fayetteville, Ark., proposed a zoning ordinance to restrict the width of driveways and require garage entries to be to the side or rear of a dwelling, REALTORS® tried to reason with the Council. Failing that, they launched an Issues Mobilization Campaign and rallied public support to defeat the measure.
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Hilton Head Area and Beaufort Jasper County REALTORS® Lead Winning School Funding Campaign

In Beaufort County, S.C., major construction, renovations, and updates were urgently needed throughout the school district, which had not had a successful bond referendum in more than a decade. When a promising referendum made it to the ballot this year, the area’s REALTORS® stepped up to make sure it would pass.
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Southeastern Oklahoma REALTORS® Create Gathering Space in Historic Downtown McAlester

On a vacant lot in downtown McAlester, Okla., an attractive new gathering place has sprung up, providing the community with a central new green space and priming the area for additional growth and development. A perfect example of successful placemaking, the project came about through a collaboration led by REALTORS®.
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Resources & Opportunities

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Real Estate Forecast: Recession Unlikely in 2020

Yesterday a group of prominent real estate industry economists released a consensus economic and real estate forecast that projects continued, but slowing growth in 2020. Meeting at NAR’s Washington headquarters for the first-ever Real Estate Forecast Summit, the economists said they expect the U.S. economy to continue expanding next year and real estate prices to keep rising.
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REALTOR® Party Training Conference Materials

The 2020 REALTOR® Party Training Conference was an opportunity for advocacy committee members and leaders to network and plan to take REALTOR® Party outreach to the next level in 2020. Check out the new advocacy video, materials, and photos from this annual event.
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Rural Broadband Deployment: Strategies for Closing the Digital Divide

Many Americans fail to realize that millions of their fellow citizens, primarily those in rural areas, lack access to reliable and affordable internet connections. Explore this issues’ crucial nature as it relates to the real estate industry. Get a brief history of deploying broadband in the U.S., an overview of the current federal framework for encouraging broadband deployment, and summaries of a number of state regulatory strategies that stand out from the crowd.
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