National Association of REALTORS® GADFly Newsletter
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GADFly Newsletter
July 2022
GAD Institute 2022: Philly by the numbers:
78 New or First Time GAD Attendees
280 Total Registered Attendees
28 Sessions
75 Speakers
3 Receptions

None of this would have been possible without the extraordinary work of your GAD Advisory Group!

GAD Advisory Group Application
Are you interested in serving on the GAD Advisory Group?  This is your opportunity to make your voice heard in the professional and personal development of GADs. If you liked the programing at the GAD Institute in Philly, felt topics were missing, have ideas on new formats, or just plain love planning a party – we want you!  The institute is only as successful as the dedication and desires of the advisory board.  The REALTOR organization’s strength comes from the commitment of our volunteers and the AG is no exception. Apply for the GAD AG!  Deadline is August 31.  If you have any questions about the GAD AG contact the GAD AG Chair Josh Dix.
Community Outreach
Grant Help for Addressing Community Priorities
Make plans to apply for a Smart Growth, Housing Opportunity, Fair HousingPlacemaking and/or Rural Outreach grant to position your association and REALTORS® as leaders in improving their communities by engaging, educating and advocating in a variety of community development issues. Search success stories or sign-up for a 30-minute one-on-one meeting with staff experts via Zoom to brainstorm ways your association can leverage a Community Outreach Grant. Questions? Contact Christine Windle.

Put On Common Ground to Smart Use
Published twice a year in May and November, On Common Ground presents a wide range of views on smart-growth issues to encourage dialogue among REALTORS®, elected officials and other stakeholders. Order free copies in bulk to use as great leave-behinds when you visit local officials, or provide NAR with a mailing list and leave the delivery to us. For more information, click here. Questions? Please contact Catherine Mesick

Grant Help to Address Broadband, Well and Septic Regs, Zoning and More
Fund your association’s advocacy, education and engagement initiatives related to broadband, floodplain, onsite well and septic, open space preservation, protection overlay districts and infrastructure challenges with help from a Rural Outreach Grant.  Learn how the Baldwin REALTORS® helped their region prepare for flood impact with grant support.  Need additional ideas? Contact Christine Windle

REALTOR® Party Success Stories – June 2022:
Each month, stories highlighting state and local associations who leveraged a REALTOR Party grant or resource that led to an advocacy "win" are highlighted and cataloged in the REALTOR Party Success Stories. Success stories created in July include:
RPAC Fundraising
RPAC Major Investor Recognition Deadlines
Make sure you and your members are recognized as RPAC Major Investors by the October, and December deadlines! Click here for all dates and important details. These are HARD deadlines to submit RPAC investments to the NAR Finance Office. For questions about RPAC transmittal deadlines contact Jackie Zaporowski (202-383-1029), or Debbie Frey (312-329-8565).

Save the Date: RPAC Major Investor Reception  
The RPAC Major Investor Reception will be held Saturday, November 12 from 6:30pm to 9:30pm during NAR NXT, The REALTOR® Experience. We will be at SeaWorld this year! Please keep in mind, the deadline to have Major Investor funds processed to be invited to this event is Wednesday, October 19th. We hope to see you and your fellow 2022 Major Investors there!
Contact Jackie Zaporowski (202-383-1029)
NAR Research and Press Releases
Instant Reaction: Mortgage Rates, July 14, 2022
With the potential of a more aggressive rate hike from the Federal Reserve at the end of the month, mortgage rates will likely rise even further.

Instant Reaction: CPI Inflation, July 13, 2022
Consumer price inflation is the highest in over 40-years and showed no sign of slowing down in June. It rose by 9.1% and is accelerating.

Housing Affordability Drops as Mortgage Payments Spike 51% From May 2021
Compared to one year ago, affordability fell in May as the monthly mortgage payment climbed 51% and median family income rose by 4.5%
By: Michael Hyman

Measuring Affordability and Availability of Homes as Mortgage Rates Continue to Rise
The dual phenomenon of record-high home prices and record-low inventory has significantly impacted home buyer choice.
MESSAGE FROM THE GAD CHAIR
Brad Ward
GAD Chair
Michigan REALTORS®


A person smiling for the camera  Description automatically generated with low confidence Finally, Philly! Two years ago, our friends at the Greater Philadelphia Association and the Pennsylvania Association were set to host us for GAD Institute. Then COVID hit, and I don’t need to remind you of the rest. Now they are back in the spotlight and ready to show off everything their City of Brotherly Love has to offer.

This also marks the end of my run as GAD Chair.

I would like to thank my hardworking Vice Chair, Josh Dix and the entire GAD Advisory group for the tremendous effort that they have put into creating this year’s institute. We have some great programing to meet all your policy, political, and professional development needs. I would also like to thank my former Vice Chair, Brent Swander, who started this year but is now providing GAD support in the role of Chief Executive Officer for Columbus Realtors. Lastly, a huge shout-out and sincere appreciation to Jim MacGregor and NAR staff for their support and talents in working with all of us this year.

I’ve learned a lot from all of you this year. The quarterly All GAD Calls, the New GAD Orientations, our professional development sessions, and breakouts at Annual and Midyear, have given me a lot of insight and knowledge that I have been able to apply back in my home state. My hope is that you’ve been able to do the same.  This is great community that really comes together and supports each other, and I plan to remain involved well past my time as chair.

In closing, thanks to all of you that have made this year special. As a GAD you know how hard it can be to find great volunteers, so I appreciate your involvement in caring about your role in the association and your efforts to make yourself and your peers more effective.

See you in Philly!

And, in Detroit next year! Recently named one of Time Magazine’s best places in the world. Check it out.
FOLLOW THE REALTOR® PARTY!
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GAD Directory
KEY DATES
November 9–14, 2022
NAR NXT Governance Meetings
November 11–14, 2022
NAR NXT, The REALTOR® Experience