The News You Missed in Boston
November 4, 2018
Big events are happening both in the country and your association. All eyes will be on the midterm election Tuesday, and leaders of the National Association of REALTORS® helped members brace for the potential impact at the REALTORS® Conference & Expo in Boston. Catch up on the newsmakers and headlines you missed at the conference.
Regardless of which political party fares better at the polls Tuesday, REALTORS® will remain a leading force on Capitol Hill and across the country. Find out what your leaders have to say about how the midterm elections will affect the real estate industry.
NAR’s outgoing president leaves REALTORS® with a final inspiring message before her term comes to an end. The three pillars that make the difference between a REALTOR® and an ordinary real estate agent, she says, are strength, discipline, and courage.
The economy remains strong, and housing will continue to see stable growth. However, homebuilders must add enough inventory to keep pace with increasing demand, or the buoyancy of the market may begin to sink, NAR’s chief economist says.
REALTORS® have the best opportunity to teach homeowners about the necessity of being properly insured, agency officials say. To that end, FEMA and NAR have signed a new agreement aimed at educating consumers about preparing themselves for a natural disaster.
NAR will be focusing in the next few weeks on the reauthorization of the NFIP, which expires Nov. 30. Federal flood insurance is critical for home sales throughout the United States, but long-term reauthorization faces hurdles because the program is losing money.
Updated: November 16, 2018