Industry News

Realtors want redevelopment, affordable housing

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

WASHINGTON, D.C.–Local and state priority issues for Realtors include community revitalization and redevelopment, affordable housing, sales taxes on realty services, smart growth and land use, and state and local taxes and public finance, according to a National Association of Realtors survey of governmental affairs leaders at state and local Realtor associations. The survey, discussed Friday at the NAR midyear conference, found top local association priorities included point-of-sale mandates, affordable housing, and community revitalization and redevelopment as priority issues, while top state association priorities include federal preemption of state law, point-of-sale mandates, and sales tax on services. Homeowner's insurance, infrastructure financing, and restrictions on for-sale signs also ranked in the survey as priority issues. The survey was intended to help guide NAR research and analysis of local and state issues. Survey respondents said regulatory barriers to affo...