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   estate trends.
   
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 * Real Estate Topics
   Real Estate Topics
   
   
   Your resource for all things Real Estate. Including Legal, Agent & Broker,
   and Property Rights Issues.
   View All
    * Fostering Consumer-Friendly Real Estate Marketplaces
      Local broker marketplaces ensure equity and transparency. 
      Close
      
    * Marketing
       * Social Media
       * Sales Tips & Techniques
       * MLS & Online Listings
       * View More
      
      Close
      
    * Being a Real Estate Professional
       * Starting Your Career
       * Being a Broker
       * Being an Agent
       * View More
      
      Close
      
   
    * Residential Real Estate
       * Condominiums
       * Smart Growth
       * Vacation, Resort, & 2nd Homes
       * FHA Programs
       * View More
       * Home Inspections
      
      Close
      
    * Legal
       * Arbitration & Dispute Resolution
       * Fair Housing
       * Copyright
       * View More
      
      Close
      
    * 
      Close
      
   
   More
   Close
   
 * Membership
   Providing Membership Value
   
   
   Whether you’re a new agent or an experienced broker you have access to a wide
   array of resources designed to help you succeed in today's market.
    * 
      Close
      
    * All Membership Benefits
    * NAR REALTOR Benefits®
      Bringing you savings and unique offers on products and services just for
      REALTORS®.
      Close
      
    * Directories
      Complete listing of state and local associations, MLSs, members, and more.
      Close
      
   
    * Dues Information & Payment
    * Become a Member
      As a member, you are the voice for NAR – it is your association and it
      exists to help you succeed.
      Close
      
    * Logos and Trademark Rules
      Only members of NAR can call themselves a REALTOR®. Learn how to properly
      use the logo and terms.
      Close
      
    * Your Membership Account
      Review your membership preferences and Code of Ethics training status.
      Close
      
   
   Close
   
 * Research & Statistics
   Market Behavior
   
   
   Including home buying and selling, commercial, international, NAR member
   information, and technology. Use the data to improve your business through
   knowledge of the latest trends and statistics.
    * Highlights & News
      Get the latest top line research, news, and popular reports.
      Close
      
    * Housing Statistics
      National, regional, and metro-market level housing statistics where data
      is available.
      Close
      
    * Research Reports
      Research on a wide range of topics of interest to real estate
      practitioners.
      Close
      
   
    * Presentation Slides
      Access recent presentations from NAR economists and researchers.
      Close
      
    * State & Metro Area Data
      Affordability, economic, and buyer & seller profile data for areas in
      which you live and work.
      Close
      
    * Commercial Research
      Analysis of commercial market sectors and commercial-focused issues and
      trends.
      Close
      
    * Statistical News Release Schedule
   
   Close
   
 * Advocacy
   Representing Your Industry
   
   
   NAR is widely considered one of the most effective advocacy organizations in
   the country.
    * Advocacy Issues & News
    * Federal Advocacy
      From its building located steps away from the U.S. Capitol, NAR advocates
      for you.
      Close
      
    * REALTORS® Political Action Committee (RPAC)
      Promoting the election of pro-REALTOR® candidates across the United
      States.
      Close
      
    * State & Local Advocacy
      Resources to foster and harness the grassroots strength of the REALTOR®
      Party.
      Close
      
   
    * REALTOR® Party(link is external)
      A powerful alliance working to protect and promote homeownership and
      property investment.
      Close
      
    * Get Involved
      Now more than ever, it is critical for REALTORS® across America to come
      together and speak with one voice.
      Close
      
   
   Close
   
 * Education
   Advancing Your Career
   
   
   NAR and its affiliated Institutes, Societies, and Councils offer a wide
   selection of real estate training options.
    * All Education & Professional Development
    * All NAR & Affiliate Courses
      Continuing education and specialty knowledge can help boost your salary
      and client base.
      Close
      
    * Code of Ethics Training
      Fulfill your COE training requirement with free courses for new and
      existing members.
      Close
      
    * Continuing Education (CE)
      Meet the continuing education (CE) requirement in state(s) where you hold
      a license.
      Close
      
   
    * Designations & Certifications
      Acknowledging experience and expertise in various real estate specialties,
      awarded by NAR and its affiliates.
      Close
      
    * Library & Archives
      Offering research services and thousands of print and digital resources.
      Close
      
    * Commitment to Excellence (C2EX)
      Empowers REALTORS® to evaluate, enhance and showcase their highest levels
      of professionalism.
      Close
      
    * NAR Academy at Columbia College
      Academic opportunities for certificates, associates, bachelor’s, and
      master’s degrees.
      Close
      
   
   Close
   
 * News & Events
   News & Events
   
   
   Stay current on industry issues with daily news from NAR. Network with other
   professionals, attend a seminar, and keep up with industry trends through
   events hosted by NAR.
    * Latest News
    * NAR Newsroom
      Official news releases from NAR.
      Close
      
    * REALTOR® Magazine
      Advancing best practices, bringing insight to trends, and providing timely
      decision-making tools.
      Close
      
    * Blogs
      Commentary from NAR experts on technology, staging, placemaking, and real
      estate trends.
      Close
      
    * Newsletters
      Stay informed on the most important real estate business news and business
      specialty updates.
      Close
      
   
    * NAR NXT, The REALTOR® Experience
    * REALTORS® Legislative Meetings
    * AE Institute
    * C5 Summit
    * Leadership Week
    * iOi Summit
    * Sustainability Summit
    * All Events
   
   Close
   
 * About NAR
   Who We Are
   
   
   America's largest trade association, representing 1.5 million+ members,
   including NAR's institutes, societies, and councils, involved in all aspects
   of the residential and commercial real estate industries.
    * Mission, Vision, and Diversity & Inclusion
    * Code of Ethics
    * Leadership & Staff
      National, state & local leadership, staff directories, leadership
      opportunities, and more.
      Close
      
    * Committee & Liaisons
    * History
      Founded as the National Association of Real Estate Exchanges in 1908.
      Close
      
    * Affiliated Organizations
   
    * Strategic Plan
      NAR’s operating values, long-term goals, and DEI strategic plan.
      Close
      
    * Policies
    * Governing Documents
      Code of Ethics, NAR's Constitution & Bylaws, and model bylaws for state &
      local associations.
      Close
      
    * Awards & Grants
      Member recognition and special funding, including the REALTORS® Relief
      Foundation.
      Close
      
    * NAR's Consumer Outreach
   
   Close
   
 * More
   Browse by Section
   
   
   View All
    * Top Directories
       * Find a Member(link is external)
       * Browse All Directories
       * Find an Office(link is external)
       * Find an Association(link is external)
       * NAR Group and Team Directory
       * Committees and Directors(link is external)
      
      Close
      
    * By Role
       * Broker
       * Association Executive
       * New Member
       * Student
       * Appraiser
       * State & Local Volunteer Leader
      
      Close
      
   
    * By Specialty
       * Commercial
       * Global
       * Buyer's Rep
       * Senior Market
       * Short Sales & Foreclosures(link is external)
       * Land(link is external)
       * Green
      
      Close
      
    * Multimedia
       * Infographics
       * Videos
       * Quizzes
      
      Close
      
   
    * Video Series
       * First-Time Buyer(link is external)
       * Level Up
       * Window to the Law
       * Next Up: Commercial
       * New AE Webinar & Video Series
      
      Close
      
    * Podcasts
       * Drive With NAR
       * Real Estate Today
       * The Advocacy Scoop
       * Center for REALTOR® Development
      
      Close
      
    * Programs
       * Fair Housing
       * Safety
       * Leading with Diversity
       * Good Neighbor
       * NAR HR Solutions
      
      Close
      
   
   More
   Close
   


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NAR LEGISLATIVE PRIORITIES

PROTECTING RIGHTS. EXPANDING ACCESS. BUILDING PROSPERITY.


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Priority Issues One-pager(link is external) (PDF: 3.08 MB) | Talking Points(link
is external) (PDF: 342 KB)

REALTORS® serve residential and commercial property buyers and sellers in every
zip code. Members of the National Association of REALTORS® provide critical
support to consumers, serving as a trusted advisor through one of the biggest
financial decisions of their lifetime.

With current market challenges like rising prices and low inventory, as well as
shifting trends in commercial real estate, those seeking to buy or sell a home
or open or expand a business know they need a REALTOR® by their side.

TODAY’S REAL ESTATE MARKET: QUICK FACTS

 * The U.S. underbuilding gap is 5.5 million units, translating into a $4.4
   trillion underinvestment in housing.
 * Middle-income buyers are feeling the inventory shortage the most. About
   320,000 listings in the price range of $256,000 and under are missing from
   the market.
 * Homeownership greatly enhances family net worth. Homeowners have 20 times the
   net worth of renters. Home equity and retirement accounts represent over 60%
   of households’ net worth.
 * In the last decade, middle-income homeowners have accumulated $122,000 in
   wealth due to price appreciation alone.
 * Real estate represents 16.3% of U.S. GDP, supporting 2.8 million jobs and
   generating $50 billion in tax revenue nationwide. Each home sale produces
   $120,000 in local economic activity.
 * Real estate professionals are vital to thriving communities. 88% of REALTORS®
   are small business owners and 62% are women, using their professional
   expertise to help consumers navigate the intricacies of real estate
   transactions.

Expand all

Update America’s Tax Law to Increase Access to Homeownership

Addressing housing affordability starts with adding to the nation’s severely
limited inventory. The U.S. is facing an underbuilding gap of 5.5 million units,
translating to a $4.4 trillion underinvestment in housing. America’s tax law can
and must do more to promote homeownership, build stable communities, and boost
economic growth.

REALTOR® PRIORITIES

 * Cosponsor the bipartisan More Homes on the Market Act to incentivize more
   long-term owners to sell their homes by increasing the maximum amount of
   capital gains a homeowner can exclude on the sale of a principal residence
   and annually adjusting it for inflation.
   * H.R. 1321 is sponsored by Representatives Jimmy Panetta (D-CA) and Mike
     Kelly (R-PA). 
 * Cosponsor the bipartisan Neighborhood Homes Investment Act to attract private
   investment for building and rehabilitating owner-occupied homes by offering
   tax credits that create a pathway to neighborhood stability through
   sustainable homeownership. Providing this powerful incentive to build and
   rehabilitate homes for low- and moderate-income homeowners can fill the gap
   in areas where it is often more expensive to develop or rehabilitate than
   appraisal values will support.
   * S. 657 is sponsored by Senators Ben Cardin (D-MD), Todd Young (R-IN), Ron
     Wyden (D-OR), Jerry Moran (R-KS), and Sherrod Brown (D-OH).
   * H.R. 3940 is sponsored by Representatives Mike Kelly (R-PA) and Brian
     Higgins (D-NY).
 * Cosponsor the Affordable Housing Credit Improvement Act or legislative
   provisions to expand the Low-Income Housing Tax Credit and encourage
   investment in creating and preserving affordable housing.
   * S. 1557 is sponsored by Senators Maria Cantwell (D-WA), Todd Young (R-IN),
     Ron Wyden, (D-OR), and Marsha Blackburn (R-TN).
   * H.R. 3238 is sponsored by Representatives Darin LaHood (R-IL), Suzan
     DelBene (D-WA), Brad Wenstrup (R-OH), Don Beyer (D-VA), Claudia Tenney
     (R-NY), and Jimmy Panetta (D-CA)
 * Support small business by preserving the 199A qualified business income
   deduction and keeping taxes on business income lower for independent
   contractors and pass-through business owners.
 * Support commercial real estate investment and economic development by
   preserving 1031 like-kind exchanges.
 * Incentivize homeownership by increasing the $10,000 cap on the state and
   local tax (SALT) deduction and eliminate the penalty for married taxpayers
   filing jointly, who have the same maximum deduction as single filers.

Ensure Equal Access to Professional Representation and Support Fair Housing

As stewards of the right to own, use, and transfer private property, REALTORS®
know an open housing market free from discrimination benefits consumers,
communities, and the American economy. Yet, more than 50 years after passage of
the federal Fair Housing Act, the homeownership rates for African Americans,
Hispanic Americans, and Asian Americans lag behind that of White Americans. The
LGBTQ+ community continues to face widespread discrimination in housing.

Bound by a Code of Ethics, REALTORS® are committed to upholding fair housing
laws and removing barriers to homeownership.

REALTOR® PRIORITIES

 * Ensure veterans maintain access to professional representation and can
   compete in the market by giving VA buyers the option to compensate their
   broker directly.
 * Cosponsor the Direct Seller and Real Estate Agent Harmonization Act to ensure
   real estate agents maintain their independent contractor status under the
   Fair Labor Standards Act and preserve their ability to choose their preferred
   business classification.
   * H.R. 5419 is sponsored by Representatives Tim Walberg (R-MI) and Tony
     Cárdenas (D-CA).
 * Support the bipartisan Fair and Equal Housing Act to add sexual orientation
   and gender identity as protected classes under the Fair Housing Act.
   * H.R. 4439 is sponsored by Representatives Brad Schneider (D-IL) and Brian
     Fitzpatrick (R-PA).
 * Reauthorize and increase funding for HUD fair housing enforcement programs.
   Congress should support legislation that reauthorizes and increases funding
   for HUD’s fair housing enforcement programs.

NAR Research Helps Inform Policymaking

The NAR Research Group is a resource both for REALTORS® and the members of
Congress who represent them. Our skilled economists produce and analyze a wide
range of data, providing the best resources and information on real estate.

Research reports, papers, case studies, and surveys examine the latest trends
and activities in real estate, as well as the impact national policies have or
may have on this critical sector that makes up one-fifth of the nation’s
economy.

These resources are available to policymakers, and we encourage their use when
considering legislation that affects real estate and real estate professionals.
Here are a few recent NAR Research reports that can inform policymaking:

 * Congressional District and State Reports, State Economic Impact Reports, and
   Local Market Reports provide data on housing and real estate trends affecting
   your constituents to inform policies supporting sustainable and affordable
   homeownership and a vibrant residential and commercial real estate market.
 * Reports on home buying, such as Home Buyers and Sellers Generational
   Trends, Wealth Gains by Income and Racial/Ethnic Group, and A Snapshot of
   Race and Home Buying in America analyze market trends and show how
   homeownership can be a catalyst for building generational wealth.
 * NAR Research and Realtor.com® partnered on The Issue: Housing Affordability
   and Supply to estimate how many homes are missing by income level, comparing
   the number of homes available and affordable for each level now versus what
   they should be able to afford in a balanced market.
 * Commercial Market Insights Reports and Commercial Real Estate Metro Market
   Reports reveal the crucial role of commercial real estate in revitalizing
   communities.

These and many more reports, surveys, and data collections are available on the
NAR Research page.


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The 2025 REALTORS® Legislative Meetings will take place May 31 - June 5, 2025,
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