REALTOR® Party Prepares for 2022, What You Need to Know, Success Stories, and More View e-mail in browser December 9, 2021 REALTOR® Party Prepares for 2022 Hundreds of REALTOR® Party leaders gathered in Nashville last week to recap 2021’s successes and prepare for a busy 2022. Read more about these accomplishments and plans for advancing REALTOR® priorities in a consequential election year. READ MORE What You Need to Know 12% Twelve percent of REALTORS® are veterans or have a spouse or partner who is a veteran. NAR President Leslie Rouda Smith testified before Congress yesterday on removing barriers to veteran homeownership – and outlined the many ways REALTORS® help our nation’s heroes secure safe and sustainable housing. READ MORE President Leslie Rouda Smith testified before Congress this week on how REALTORS® are helping remove barriers to veteran homeownership. 12 Congress cleared a short-term funding extension on Dec. 2, avoiding a government shutdown. The measure keeps spending at current levels through Feb. 18 and extends authorization for the National Flood Insurance Program. Congress has yet to pass any of the 12 annual appropriations bills and will need to strike a longer-term spending deal next year. READ MORE 7.5% Pending home sales jumped 7.5% in Oct., rebounding after a decline the month prior. According to NAR Chief Economist Lawrence Yun, "The notable gain in October assures that total existing-home sales in 2021 will exceed 6 million, which will shape up to be the best performance in 15 years." READ MORE 18.05% The Federal Housing Finance Agency (FHFA) recently unveiled 2022 loan limits for Fannie Mae and Freddie Mac. GSE loan limits rose by 18.05% to $647,200 nationally and $970,800 in high-cost markets. With home prices continuing to rise, NAR appreciates the FHFA resetting these conforming loan limits, which will continue to ensure liquidity for the home purchase market. READ MORE The REALTOR® Party At Work Spokane Association of REALTORS® Fends Off City Plan to Phase Out Natural Gas Usage When the Spokane City Council proposed eliminating consumer usage of natural gas within the city, the Spokane Association of REALTORS® formed a coalition, spent months lobbying, and conducted extensive polling with REALTOR® Party support. Their collective voice in a Call to Action grabbed the attention of the City Council, whose members took immediate action to remove the troubling language from their plan. READ More Massachusetts Association of REALTORS® Promotes Housing Stability through Mediation Training In late 2020, when housing advocates were warning of an impending tsunami of pandemic evictions, the Massachusetts Association of REALTORS® prepared for the worst. Through members’ goodwill and REALTOR® Party resources, the association offered training scholarships to members willing to volunteer with local mediation programs. They also conducted a vigorous public-facing campaign to educate renters and landlords about the benefits of resolving rental disputes through mediation. READ MORE Scottsdale Area Association of REALTORS® Uses Land Use Initiative to Champion Property Rights A new land use category proposed for the Scottsdale General Plan did not sit well with the Scottsdale Area Association of REALTORS®. It would create significant barriers to future development while threatening the rights of private property owners. Using a Land Use Initiative analysis from the REALTOR® Party, the association crafted a comment letter that helped dissuade the City Council from adopting the new category. READ More Long Island Board of REALTORS® Goes to Bat for Fair Housing When the Long Island Board of REALTORS® (LIBOR) heard the town board in Riverhead, N.Y., planned to introduce changes to the town’s rental code that could violate residents’ civil rights, staff knew they had to act. Alerted to the changes by a local fair housing agency, LIBOR reached out to NAR for help. NAR connected LIBOR with an expert in fair housing law who helped the association craft a letter and provided talking points for a public hearing before the town board. READ More REALTOR® Party Resources Plan Now to Use Community Outreach Grants and Resources In 2022 Transform a vacant lot to help create a more livable community. Break down barriers to housing and build a more inclusive neighborhood. Get unfavorable ordinances reviewed to protect property owners. Community outreach grants empower associations to create opportunities for a better life, community, and market. Watch our new Community Outreach video to learn more about these opportunities. Questions? Contact Christine Windle at 202-383-1135. LEARN MORE Considering a Run for Office in 2022? The new REALTOR® Candidate Training Academy for State and Local Office is now live and free for members. If you’ve ever considered running for elected office or want to learn more about campaigns, this free, interactive course is for you. Topics covered include preparing to run, developing your message, becoming a successful fundraiser, tactics for communicating your message, and becoming a better public speaker. Questions? Contact John Winston at 202-383-1235. LEARN MORE New Well and Septic White Paper One of the major factors in determining the safety and value of both residential and commercial property is the presence of on-site water wells and septic or wastewater systems. A new report created by the Legislative Research Center on behalf of NAR explores the advantages and disadvantages of public or city water versus on-site water systems and examines the various types of on-site well and wastewater systems. Questions? Contact Holly Moskerintz at 202-383-1157. LEARN MORE Add Community Outreach to Your Association's Government Affairs Committee Agenda in 2022 Would you like to have the community outreach team present virtually at one of your upcoming association meetings? You and your leadership can learn ways to address affordable housing challenges, community planning and development issues, revitalization opportunities, and fair housing initiatives using a Housing Opportunity, Smart Growth, Placemaking, Rural Outreach, or Fair Housing grant.  To schedule, contact Christine Windle at 202-383-1135. LEARN MORE REALTOR® Store Winter Sale Is Here Stock up on tangible takeaways and find ready-to-print pieces that will help you set the stage for successful showings. Get 20% off select products at your REALTOR® Store until Dec. 15! LEARN MORE REALTOR® Party Resource Guide Want everything in one place? Bookmark the Interactive REALTOR® Party Resource Guide for the latest updates on advocacy grants, programs, resources, and educational opportunities. LEARN MORE

Send us examples of how your association put NAR’s REALTOR® Party resources to work to implement a successful advocacy or community outreach program. Email your stories to: realtorparty@realtors.org. See more than 300 stories documenting how REALTOR® associations around the country put REALTOR® Party Resources to work at the REALTOR® Party Success Stories page. This newsletter replaces the NAR Weekly Report for this week and the second week of every month. The REALTOR® Party News will publish next on January 13, 2022. If you missed a previous edition check out the REALTOR® Party News Archive. Headquarters: 430 North Michigan Avenue, Chicago, IL 60611 DC Office: 500 New Jersey Avenue, NW, Washington, DC 20001-2020 | 1-800-874-6500