News

Realtors of Henderson County gathered for their annual charity Golf tournament on April 25th at Crooked Creek Golf Club. Our proceeds check was presented to the Boys & Girls Club of Henderson County.
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ACTION ALERT
NAR Call for Action to launch Monday, June 13
Last Thursday, you should have received an email from the NAR Government Affairs Communications office informing you that a Call for Action (CFA) would be launched Monday, June 13.
It will be focused on encouraging the U.S. Senate to support and pass House Resolution 3700 "Housing Opportunity Through Modernization Act of 2016". This legislation would make four (4) changes to the Federal Housing Authority's Condominium Rules. They are:
Reduce owner-occupancy ratio to 35% unless HUD acts within 90 days of enactment of this law to otherwise lower the ratio.
Allow lenders to approve condos with commercial space over 25%.
Require HUD Secretary to “substantially reduce” burdens on condo recertification.
Require FHA to mirror the FHFA rules related to private transfer fees. NAR is now working with the Senate to move legislation there.
Check out the NAR Issue Summary here and a copy of the bill summary here. This legislation passed unanimously in the House of Representatives.
The Call for Action will go live around 3PM this afternoon and will remain open until at least the Congressional summer recess which begins July 18.
During this time, we will need your help to ensure that your members take action on this important issue and help NC REALTORS® achieve 20% participation to continue our progress towards the NAR President's Cup. Also, promotion of all NAR Calls for Action is a component of Core Standards for all associations.
NC REALTORS® will begin our outreach to members with social media posts starting this afternoon on our Facebook and Twitter pages. The first all member email will be sent out on Wednesday morning. CFA information will also be included in all NC REALTORS® communications going forward. Please share any of this content with your members to encourage their participation.
Targeted emails to specific member groups will likely begin next Thursday, following NC REALTORS® Legislative Meetings. If you would like for NC REALTORS® to send a targeted message to your membership who have not participated, please email Seth Palmer. He will coordinate the distribution schedule.
Please do not hesitate to contact any member of the NC REALTORS® Government Affairs Team if you have any questions.
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NC REALTORS® Government Affairs Department
421 Fayetteville Street, Suite 1109, Raleigh, NC 27601
(800) 443-9956 | This email address is being protected from spambots. You need JavaScript enabled to view it.

You think it’s easy being a modern dad? You want a brilliant career—and a loving, well-adjusted brood. You want some serious buddy or hobby time—and tons of family time, too. You still want to be a guy, but you always need to be a father. And more dads are even giving up careers to care for the kiddies.

Today, there are roughly 2 million stay-at-home dads in the U.S., which accounts for 7% of U.S. fathers, up from 4% in 1989, according to the Pew Research Center.

With Father’s Day fast approaching, we sent our data team to find the cities most conducive to pulling off a full Vito: true fatherhood balance. We searched for the places where daddy-child activities abound, manly hobbies are supported, tap beer runs cold, sports activities are plentiful, child care is readily available—and maybe a unique feature or two to make dads extra happy. Because, Father’s Day. Right?

To find out which cities offer the best quality of life for dads, we ranked the 500 largest cities based on the following criteria:

Number of dad support groups
Number of campgrounds
Number of major league sports teams
Number of gyms per capita to work on dad bods
Number of babysitters for every child under age 12 (because dads need nights out!)
Number of golf courses and fishing spots per capita—for outdoorsy dads
Number of breweries, pool halls, and sports bars per capita—for social dads
Number of hardware stores and science museums per capita—for nerdy dads

See the rest here.

Check out the list here! Especially the last, but not least, on the list!

Economists say that our presidential candidates deserve an F for addressing economic matters in a meaningful way. Judging by the latest consumer confidence data, most consumers agree.

The Conference Board reported this week that the Consumer Confidence Index declined 2.1 points in May. That’s the lowest level since November. Consumers had soured on the present situation, as well as expectations for the future. The Expectations Index is at its lowest level since February 2014.

Yet ironically, intentions to buy homes and automobiles have continued to increase. Six percent of respondents in May said they intended to purchase a home in the next six months. The last time we had a higher percentage in the month of May was 2005!

The purchase intentions data follow what we’re seeing in the real world. April was a very strong month for home and auto sales, and May should remain strong.

So what’s going on here? If people are feeling less secure about the future, why are they buying cars and homes?

Here’s the reality: Our economic circumstances are not as bad as the presidential candidates—each loudly calling for change—want us to believe. Unemployment has declined significantly and is approaching what economists call “full employment.” Job creation remains positive, albeit at a lower pace than the past few years. The risk of a recession remains very low.

Especially on the home-buying front, we have substantial pent-up demand as a result of delayed household formation, elongated time in existing homes, and the tight supply that has characterized the housing market over the past two years. The alternative to owning a home, renting, is becoming less and less financially attractive as rents escalate.

According to realtor.com®’s daily traffic surveys, the No. 1 issue keeping potential buyers from buying a home throughout last year and again this year is simply being unable to find a home for sale that meets their needs.

The last piece of the consumer puzzle is low interest rates. Mortgage rates are currently near three-year lows. From a historical perspective, rates are in cray, cray territory, especially for a growing economy.

While our remaining presidential candidates and their collective visions for the future are so far failing to appeal to any majority, there are more than enough households feeling good about their personal circumstances.

Next year’s occupant of the White House will not change people getting married, having children, heading into retirement, enjoying an increase in income, investing in a second home, and taking advantage of incredible financing opportunities.

I have a suggestion for the spring and summer. Turn off the news and put on Justin Timberlake’s “Can’t Stop the Feeling!” When you stop dancing, go on out there and buy with confidence.

In a few years, when mortgage rates are substantially higher and home prices and rents are also higher, you’ll smile when you hear that song and think of the summer of 2016, when you bought your home while others fretted about meaningless politics.