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May is REALTOR® Advocacy Month


may may

Check out the REALTOR® Advocacy Website


 Vote Week

 May 7th - 13th 


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        MAY 14TH-MAY 20TH        











 Invest week


 Share your REALTOR® Party Advocacy Efforts on social media using the hashtag #REALTORParty. Be sure to tag (Northern Kentucky Association of REALTORS® , REALTOR® Action Center on Facebook and @REALTORAction on Twitter) in your post.






Legislative Update - March 2017


Legislative Update

March 2017

Be a part of the Action

Join us at the National Legislative Meetings in Washington D.C


State Update 

99 and HB112 Landlord Liability

SB KAR Priority bill HB 112 sponsored by Rep. Stan Lee regarding landlord liability – dog bite passed Senate Monday March 6th by a vote of 32-5. In fact, as of Monday March 20th HB 112 – the dog bite bill – was signed into law by the governor. View KAR’s full Legislative update page


Tax Reform

One of Kentucky REALTORS® top priorities in 2017 is tax reform. Governor Bevin indicated that he plans to call a special session later this year to reform Kentucky’s tax code. In preparation for the session, we are asking for member input through a survey to help guide our priorities through the process. Help provide input for the upcoming special session on tax reform

Kentucky REALTORS Member Survey – Legislative Priority

Deadline is Wednesday, April 12.


Federal Update

NAR Urges Mnuchin to Protect MID

In a letter dated March 10, 2017, NAR 2017 President William E. Brown urged new Treasury Secretary Steven Mnuchin to protect the current tax benefits of homeownership as the Trump Administration seeks to reform the federal income tax system. The letter explained that certain types of tax reform plans, such as the “Blueprint” ” put forward by House Republicans last year, pledge to leave the MID untouched. However, by nearly doubling the standard deduction while repealing most itemized deductions, “the Blueprint would in fact have the consequences of nullifying not only the MID, but also other tax incentives of owning a home for the great majority of Americans who now are, or who aspire to become, homeowners.” The letter goes on to explain that this kind of approach to tax reform could harm the incentive effect that makes purchasing a home easier for the first-time homebuyer and also could lead to a drop in the value of all existing homes.  “The overall result could be a disastrous downturn in the quality of many neighborhoods and communities, and especially our most vulnerable ones,” Brown said in the letter. The letter concludes by asserting that REALTORS® support tax reform, but that in making needed changes, we should “not discard the features of our tax system that make America a homeownership society.”’ View full letter


NAR’s Analysis of the President’s Budget

On Mar. 16, 2017, President Trump released his budget for the 2018 fiscal year, which begins on October 1. View Analysis



Tax Reform 2017: What to Watch Out For

Check out this webinar with Evan Liddiard, Senior Policy Representative for Federal Taxation at NAR. This session gives an update on current tax reform proposals and their implications for homeowners using various scenarios.


Protecting National Flood Insurance Program


Learn more


Be a part of the Action

Join us at the National Legislative Meetings in Washington D.C


FHA Mortgage Insurance Premium Talking Points

In response to several requests from state and local association partners NAR Government Affairs has put together a set of talking points for you to use to prepare members for any questions. NAR has sent a letter to the Secretary Designate, Dr. Ben Carson opposing the suspension of the 25 basis point reduction of the FHA Annual Mortgage Insurance Premium.
You can view and download the letter using this link:

What You Need to Know About FHA Mortgage Insurance Premium Rates
Impact on Homebuyers
• Trump administration has suspended the Federal Housing Administration's (FHA) 25 basis point reduction of the FHA Annual Mortgage Insurance Premium rates for mortgages with a closing/disbursement date on or after January 27, 2017.
• FHA occupies a critical role in the nation's housing finance system, with a mission to ensure access to mortgage credit is available to all Americans, in particular groups traditionally underserved by the private market, including low to moderate-income, minority, and first-time homebuyers.
• The National Association of REALTORS® estimates that the premium reduction would have reduced costs for 750,000 to 850,000 homebuyers in 2017 with mortgages backed by the FHA.
• An additional 30,000 to 40,000 homebuyers are now shut out.
• The suspension of the premium reduction has created uncertainty and confusion for a significant number of borrowers, sellers, lenders and underwriters.
• Borrowers must face an increase in the cost of their loans and some may no longer qualify to purchase the home they intended to buy due to the increase in the premium rates.
Impact on FHA
• Suspending the premium reduction has consequences for the business of FHA.
• The last FHA premium cut helped to shore up the FHA's books and restore the Mutual Mortgage Insurance Fund's (MMIF) capital ratio above the statutory 2.0 percent level.
• Lower fees helped FHA to retain better borrowers from refinancing to private mortgage insurers who had re-entered the market, but more importantly, it helped to improve affordability allowing many previously sidelined borrowers to qualify for a home purchase.
• The 2016 FHA Actuarial reports showed that the MMIF exceeded the 2.0 percent statutory requirement for a second year in a row.
• The forward FHA portfolio ratio was a healthy 3.28 percent.
What needs to be done:
• NAR urges FHA to reinstate the 25 basis point premium reduction and remove the life of loan premium as soon as possible.
• Homeownership is a key element of the American Dream and FHA makes that dream possible for millions of Americans.
• We look forward to working with this Administration to ensure FHA's continued health and necessary participation in the housing market.




Recognizing that leadership development is an essential element in the process of improving our Association and profession, the Northern Kentucky Association of REALTORS® presents LeadershipNKAR. Through this program, NKAR identifies emerging REALTOR® leaders in our Association, encourages them with motivational activities and assists in sharpening their leadership skills with the hope they will have a strong influence on Northern Kentucky’s REALTOR® organization and profession. The participants work together in a training program which combines individual study, group sessions, and actual project experience in using leadership skills. Training sessions include identification of leadership skills, team-building exercises, goal setting, personal profile analysis, network building and improving communication skills.

Deadline to apply DEC. 31st View application