In 2013, NAR brought value to one million members by advocating for federal policy initiatives, and providing information and tools REALTORS® need to meet future business challenges and opportunities. REALTORS® not only helped make the dream of homeownership a reality for up to 70,000 home buyers, REALTORS® helped "make things happen" on Capitol Hill and throughout Washington, for both residential and commercial real estate. It is only appropriate then, that "Make It Happen" is commemorated as the theme of NAR's 2013 Annual Report.
Ensuring Affordable Homeownership and Fostering Vibrant Communities
In 2013, NAR won a significant victory for consumers when the Consumer Financial Protection Bureau agreed with NAR’s argument that protecting lenders will ensure the wide availability of affordable credit for qualified buyers. The rule on the Qualified Mortgage defines underwriting standards that the majority of lenders will use to qualify prospective buyers.
NAR scored another critical win for consumers when federal regulators proposed aligning a second mortgage regulation, known as the Qualified Residential Mortgage, with the Qualified Mortgage.
Because of NAR’s vision and foresight, consumers will not face the daunting hurdle of a 20% down payment on a home.
Where Do Your Dues Dollars Go?
Click this thumbnail to see a breakdown of how that money was spent.
Previous NAR Annual Reports
2012 Annual Report (PDF: 7.5MB)
2011 Annual Report (PDF: 5MB)
2010 Annual Report (PDF: 3MB)