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This week, the Senate Banking Committee advanced conversations on reform of the country’s two government-sponsored enterprises, Fannie Mae and Freddie Mac, by welcoming NAR President-Elect Vince Malta and other housing industry leaders to testify. Also on Wednesday, the White House announced that President Trump directed the U.S. Treasury Department to develop a white paper on ending conservatorship of Fannie Mae and Freddie Mac. NAR President John Smaby issued the following statement in response to Wednesday’s White House announcement: “REALTORS® are encouraged to see conversations surrounding GSE reform intensifying in Washington, particularly with the White House today directing the U.S. Treasury to outline...

The Central Oregon Association of REALTORS® supports of the city of Bend’s Community Climate Action Plan, but it had to draw the line at a mandatory measure that was certain to increase rising home costs even more. A robust response to a timely Call for Action helped convince the City Council to remove the word ‘required’ from the plan.

American real estate is the envy of the world. It’s a shining example of the potential of our free market system and a defining feature of our collective embrace of the “unalienable Rights” set forth by Thomas Jefferson some 250 years ago. Considering the fight being waged against our members in some corners of the country, though, you wouldn’t always know that’s the case.

Last August, tech startup founder Jay Reno stood on stage in Dallas, Texas, to explain to real estate investors, innovators, and thought leaders how Feather, the company he founded and led as its CEO, had developed a product that would deliver a more sustainable solution for home staging and furniture rental across the United States.

American real estate is the envy of the world. It’s a shining example of the potential of our free market system and a defining feature of our collective embrace of the “unalienable Rights” set forth by Thomas Jefferson some 250 years ago. Considering the fight being waged against our members in some corners of the country, though, you wouldn’t always know that’s the case.

When the thriving cottage industry of privately operated short-term vacation rental properties was threatened by a recent ballot initiative in Palm Springs, California, the REALTORS® secured an Issues Mobilization Grant. The success of their campaign to defeat the proposal was a victory for private property rights.

NAR’s most recent Existing Home Sales report showed nationwide housing inventory lower than its been since we began tracking this data nearly four decades ago – way back in 1982. In Denver, as in cities and towns across the country, we’ve heard reports of listings with more than 100 showings in one weekend and dozens of competitive offers rolling in soon after. Bidding wars and waived inspections and even sight-unseen offers have become more common than any of us would have ever imagined – especially if you asked this time last year.

The price of living in paradise is occasional rough weather – and when storms the like of Hurricanes Hugo [1989] and Marilyn [1995] battered the U.S. Virgin Islands, the damage to property proved too much for owners of many of the islands’ historic homes. Over the years, the resulting abandonment of these properties has caused a blight that affects the quality of life, economic vitality, and property values of the once lovely historic rings of houses that distinguish the islands’ downtown areas. The 292-member Virgin Islands Territorial Association of REALTORS® [VITAR] led a campaign to get legislation passed that will...

For years, the 230-member West Metro Board of REALTORS® (WMBoR) has helped support the Neighborhood Stabilization Program administered by the City of Carrollton Housing Authority. By rehabbing abandoned homes and selling them with down payment assistance to qualified buyers, the program has been a real success in preventing and reversing blight in in the West Metro region, about 50 miles from Atlanta in the foothills of the Appalachians. But no one even knew about WMBoR involvement. So board leaders applied for and received a $2,500 Housing Opportunity Grant from NAR to draw attention to the program and their involvement in...

Until this past election cycle, the Birmingham Association of REALTORS® (BAR) had never conducted an independent expenditure campaign or made use of any of the advocacy funds and services available through the REALTOR® Party. This autumn, after careful planning, the 3,200-member association backed 15 REALTOR®-friendly candidates for City Council and School Board seats, and 14 won. They began by hosting an NAR Candidate Training Academy. Then, they used NAR's Campaign Funding and Services to help them run the most effective independent expenditure campaigns, including robo-calls and direct-mail pieces. The rest is history – and a good base of advocacy experience...