May 2019 Update
Balancing Rapid Growth Seminar
Government Affairs Committee welcomes guest speakers Mayor Pro Tem Blake Massengill, Commissioner Larry Smith of Fuquay-Varina, and Council Member Audra Killingsworth of Apex as we discuss how they balance rapid growth, development, and smart expansion in their communities. For more information, or to register, click here.
REALTORS® Gather in Washington D.C.
REALTORS® from across the nation are assembling in our nation's capital this week to promote homeowner and private property right, while advocating for the real estate industry. Read the full national release on all the week's activities.
April 2019 Update
First N.C. State Budget Released
The North Carolina House of Representatives released its budget, setting the stage for a debate over how to spend billions of dollars over the next two years. You can access the NC House budget proposal in its entirety - click here.
North Carolina in Top 5 For Money Lost To Online Scams
North Carolina is among the top states for money lost to online crimes, according to data released this month. The scams cost North Carolina residents $137 million, making the state the fifth highest for losses, the FBI says in its 2018 Internet Crimes Report. The prior year, North Carolina ranked 17th, according to the agency.
March 2019 Update
REALTORS® Heading to Washington D.C.
Join REALTORS® from across North Carolina and the nation to visit Capitol Hill and speak directly with lawmakers about what's affecting our industry and standing up tall for private property rights! Learn more about the events and register here.
Raleigh Mayoral Race Heating Up
With long time Raleigh Mayor Nancy McFarlane announcing she will not seek another term, several candidates have already thrown their hat into the ring. The three who have announced so far are all heavy hitters, and with filing ending in mid-July, we could see numerous more announcements in the coming months.
February 2019 Update
Wake County Transportation Input
Wake County is looking for input on how the future of transit systems may look in the Raleigh Region, and they want to hear from REALTORS®. Check out their future plans and share your opinions!
EVENT: Unpacking the Renewal of Downtowns
Join the RRAR Government Affairs Committee for lunch and hear from the Downtown Raleigh Alliance, Cary Economic Development Department about what's brought back our downtown areas, and what their future holds. How are peoples' life choices shaped by vibrant city centers, and how do their needs in turn shape the cities in which they live? Learn how REALTORS® can adapt on February 20th - Register Now!
CALL FOR ACTION: Insurance Rate Increase
Tell the Department of Insurance not to raise homeowner insurance rates by 17.4%! The NC Rate Bureau has asked for a 17.4% increase in homeowner insurance rates for 2019, after they already raised rates by 4.8% last year. Take a minute to have your voice heard and let the Department of Insurance know that this rate is too high a burden on the state's homeowners!
January 2019 Update
Federal Government Shutdown & REALTORS®
How is the partial federal government shut down affecting the real estate industry? How are REALTORS® feeling its effects? Find out here.
Zillow Launches Service in Raleigh
It's official: Zillow has launched its homebuying service in Raleigh. Zillow will begin making cash offers on properties with the aim to resell them at a profit... another sign of Raleigh's strong housing market.
December 2018 Update
Raleigh Market #1 For 'Flipping' Houses
The real estate game in the Triangle is competitive to say the least – between the influx of new residents and first-time homebuyers looking to break into the market, among other factors. But a new report shows that Raleigh is a hotbed for home flipping, further driving up housing prices. Read the full story here.
North Carolina Continues To Grow
North Carolina remains one of the fastest growing states in the USA, according to the US Census Bureau. The Tar Heel State was ranked the 5th fastest growing by numeric growth and the 10th fastest growing by percent. The population went up by 112,820 people from July 2017 to July 2018 and some agencies are struggling to keep up with the growth. Read the full report here.
October 2018 Update
NC REALTORS® Healthcare Plan Survey
Have you been insured but dropped it because of high costs? Do you have coverage but the premiums are seemingly not worth it? As you may have heard, there is an opportunity to bring Association Health Care Plans to North Carolina, but it will take work to implement. Please take this quick member survey and tell us about your experiences with health insurance. *All responses will be kept confidential and no identifying information will be used in analysis of the data provided*
2018 Candidate Report Now Live
Please enjoy and look over the official 2018 RRAR Candidate Report for this year's elections, helping highlight our REALTOR® Champions!
September 2018 Update
Wake County School Board Member Passes
Wake County School Board Member Kathy Hartenstine passed away suddenly due to complications from the flu, her family announced this week. Hartenstine had been appointed to the School Board filling the vacancy of former member Zora Felton, who also passed away while in office. Hartenstine's passing happened after ballots had been printed, so her name will remain on the ballot for November's elections. Should she still get more votes than any write-in candidate, the school board will appoint a person to fill out her term.
RRAR Joins Friends of Wake County to Promote School Bond
RRAR has joined the Friends of Wake County to promote Wake County schools capital construction bond set for November 6th. The bond will provide $548 million toward building several new schools, renovating eleven existing schools, and various technology and infrastructure upgrades across the system. RRAR believes that excellent public schools are a necessity for our communities and our businesses, and urge members to vote "YES" for the bond.
Triangle Community Coalition Political Pig Pickin'
Join the Raleigh Regional Association of REALTORS® and other representatives from the housing community for a networking social at the Angus Barn on September 20th. Talk with candidates and elected officials about what's happening in the area, and enjoy some fantastic food in the process!
NC Affordable Housing Conference
Want to know the insider information about what is happening in North Carolina's affordable housing market? This conference is the premiere place to learn about new ideas, talk to industry shapers, and swap ideas about solving a potential housing crunch.
August 2018 Update
NAR Applauds Senate Passage of Flood Insurance Extension
REALTORS® have been urging extension of the Flood Insurance program for months. More than 129,000 REALTORS®, or roughly 15 percent of the membership of NAR, sent letters to their senators/members of Congress in support of the extension. Click here to read a full statement by NAR President Elizabeth Mendenhall. Read more about the National Flood Insurance Program and its importance to the real estate industry.
July 2018 Update
Tell Senators to Renew National Flood Insurance
Senators on Capitol Hill are the last hurdle to renewing the National Flood Insurance Program (NFIP) and time is running out! Take action now to protect your clients from a lapse in flood insurance and ensure your business isn't interrupted by a shutdown.
Wake Voters to Decide Fate of Schools, Parks, Wake Tech Bonds
In addition to voting for candidates running for State and County Offices, as well as six state constitutional amendments, Wake County citizens will also be tasked with determining whether to support three separate bonds this November. These are over $548 million for school construction and rehabilitation, $120 million for extending greenways and purchasing new land, and $349 million for new construction on Wake Tech Campuses. Voter fatigue is expected with so many candidates and issues on the ballot, so be sure to fill it out all the way to the end!
Wake County Town is America's Fastest Growing
It will come as no surprise to residents and REALTORS® operating in the area, but Apex has topped the list as America's fastest growing suburb. Rated as one the best place to live in America by Money Magazine just three years ago, Apex has ridden the wave of popularity, adding new citizens and properties as quickly as possible. With that comes new challenges, inventory is tighter than ever, and three year price appreciation is up to 50%. As homebuilders struggle to build new inventory, the town must cope with the challenges that come along with its new stardom.
Let Congress Know to Pass Flood Insurance
Flood insurance is once again at risk, and your action is needed to let Congress know to extend NFIP before it expires on July 31st! If NFIP lapses, it will wreak havoc on closings, and leave homeowners in floodplains at risk of natural disasters... just as Hurricane Season picks up again. Take 30 seconds, and let Congress know they need to get to work protecting their constituents!
North Carolina Influencer Series
The News & Observer recently launched a new project to increase conversations as we approach an important election on November 6th. The North Carolina Influencer Series is meant to be a long-lasting conversation between every day citizens and the leaders and influencers in our state. The N&O will pose questions about the issues that matter most, and once citizens have weighed in and voted on which responses resonated most, they'll bring together the influencers for live public events to discuss solutions and the challenges identified. Give your input here!
Triangle Remains Strong Contender for Amazon, Apple
Anonymous sources involved in recruiting major companies say that the Triangle remains competitive in attempts to bring two industry giants to our area. Should both come, it would mean over 60,000 new jobs for the region and billions of dollars of investment in new construction and leases. While some decisions should have been announced by now, the General Assembly reworked the state's economic incentives program, leading to reviews by both companies and drawing out the timeline. While the direct impact on the housing market remains undetermined, the already historic low inventory in the area will mean that REALTORS® will be more valuable than ever should these companies choose our area as their new home.
June 2018 Update
RRAR to Join List Supporting ADUs
RRAR has added its name to a list of organizations supporting a Raleigh Planning Commission's recommendation to allow Accessory Dwelling Units in the City of Raleigh, but asking to remove an overlay district requirement to implement their construction. We recognize and congratulate Raleigh's efforts to expand inventory at a time of increasing need for more missing middle housing. We strongly believe that ADUs are one tool to achieve this goal. We believe that the inclusion of an overlay district would add a restrictive barrier making it almost impossible for a neighborhood to define boundaries and achieve approval for an ADU. We support the Council moving forward with Recommendation TC-3-17 with no overlay district, providing Raleigh residents an affordable housing option.
Would You Pay Higher Housing Prices for Amazon HQ2?
A recent Elon University Poll surveyed residents in each of the 16 US cities on the finalist list for Amazon's second headquarters. In Raleigh, 69% of respondents said they would expect housing prices to increase should HQ2 come to the area, while 49% said Raleigh is definitely the best choice for the new headquarters. Additionally, 30% said they would spend between 6 and 14 minutes longer in traffic for HQ2, and 27% said 15 minutes or more. Raleigh residents do draw the line if it means paying more in taxes. 80% said they would not be willing to pay more in taxes in order to fund incentives for Amazon. Read the entire article here.
May 2018 Update
Early Voting Has Started
If you would like to cast your vote in advance of the May 8 primary, now is your chance to do so! While there are no statewide primaries this year, there are still plenty of opportunities to have your voice heard. All 170 seats in the General Assembly are up for elections, and in Wake County all Commissioner seats and School Board seats are up for election. Early voting ends at 1:00pm on May 5, so make sure you get out and vote!
Learn more about Downtown Raleigh
Each year, the Downtown Raleigh Alliance (DRA) hosts the State of Downtown Raleigh to provide a comprehensive market analysis of Raleigh's Central Business District (CBD) with the intention of informing and exploring new partnerships with the investor and real estate community. This is the premier event for developers, brokers, realtors, urban planners, and economic developers whose clients would benefit from learning more about Raleigh's CBD. Register here, use code "RRAR18" for $5 off!
Talk to Congress on what Matters: Register for 2018 NAR Midyear
Every year, REALTORS from across the nation head to Washington DC to talk with their elected Congressmen and Senators about issues important to the real estate industry. If you want to learn more about how our national association operates, and stress the importance of the Realtor Party on Capitol Hill, register here. RRAR always has a strong delegation attend, join us and spread the word!
Talk to the General Assembly on What Matters: Register for 2018 Legislative Meetings
Want to spread the Realtor Party message, but a little bit closer to home? Concerned that real estate interests need more attention in-state? Join us June 4-6 in Downtown Raleigh to learn more about the NC REALTORS and talk with House and Senate members about what they should be doing to protect your industry and your clients. You can find the full calendar of events here, and register for the event here.