Wisconsin's notoriously high property tax rate had long been a thorn in the side of the Wisconsin REALTORS® Association (WRA. This past legislative session, with the help of polling services from NAR, the 13,500-member association did something about it. By winning bipartisan support in a statehouse often noted for its partisan discord, WRA helped get property tax relief signed into law. The lower rate will save the average Wisconsin homeowner $131 per year!
REALTORS® in Maryland and Louisiana ran successful issue campaigns to stop local governments from using their power of eminent domain to seize underwater mortgages. The Maryland Association got a two-year moratorium on the practice while the state legislature studies the issue. The Louisiana Association got an all-out ban on the practice. These successful campaigns follow on the heels of NAR’s adoption of a policy strongly opposing use of eminent domain for this purpose.