BRR Advocacy Update | January 2017

brr-rpac2017 Idaho Legislature is in session!

Stay tuned in the coming weeks as the Idaho REALTORS® will soon release their legislative agenda, noting bills they’ll need our help to support. Boise Regional REALTORS® will work closely with IR to ensure our industry has a voice with our state’s legislative body.

Federal Emergency Management Agency (FEMA) Flood Mapping Changes

Changes to proposed 100-year flood maps could affect more homeowners in Boise, Garden City, Eagle, Meridian, and Star potentially requiring the purchase of flood insurance. To identify if a home is located in this impacted area, click HERE for an interactive map.  There are questions about these maps, the timeline for implementation, and options for homeowners in newly affected areas. We encourage BRR members and homeowners to attend the following public meetings to learn more:

  • February 1, 2017, 6:00-8:00 p.m. at the Ada County Courthouse, 200 W Front St in Boise
  • February 2, 2017, 6:00-8:00 p.m. at Lowell Scott Middle School, 13600 W McMillan Rd in Boise

59 Minute Meetings are BACK!

Mark your calendar — our first 59 Minute Meeting of 2017 is scheduled for 9:00 a.m. on February 21 at BRR. We’ll be talking about education and how it impacts our community. Between the Governor’s State of the State request for a 7.9% increase in education spending, and several local school districts running bonds and levies, we’ll let you know what’s happening and how BRR and IR are involved. Event details out soon.

Congrats to Jessica Perreault, on her appointment to the Meridian Planning and Zoning Commission!

The Meridian Planning and Zoning commission is responsible for the policies and issues related to zoning, transportation planning and development, among other things.  Jessica is a BRR member and REALTOR® with Silverhawk Realty. She will serve a 3-year term.

Have questions about advocacy?

Contact BRR’s Director of Government Affairs, Soren Dorius, at soren@boirealtors.com.

Idaho Real Estate Summit 2015

The second Idaho Real Estate Summit hosted by the Ada County Association of REALTORS® was held yesterday, December 10th at  the Idaho Capitol. Topics included current housing trends and a look at our economy. Professionals from all segments of the housing industry will benefit from attending the Housing Summit.

Our Keynote speaker was Lawrence Yun the Chief Economist and Senior Vice President of Research at the NATIONAL ASSOCIATION OF REALTORS®. He will deliver insight into the National Housing Economy and a forecast for 2015. If you weren’t able to join us download the presentation here http://www.slideshare.net/AdaRealtors/idaho-real-estate-summit

Speakers covered topics including:

  • Local Residential Housing – Marc Lebowitz
  • Commercial Market – LeAnn Hume
  • IHFA Lending in Ada County – Gerald Hunter

“Lawrence Yun is Chief Economist and Senior Vice President of Research at the NATIONAL ASSOCIATION OF REALTORS®.  He oversees and is responsible for a wide range of research activity for the association including NAR’s Existing Home Sales statistics, Affordability Index, and Home Buyers and Sellers Profile Report.  He regularly provides commentary on real estate market trends for its 1 million REALTOR® members.Lawrence Yun is Chief Economist and Senior Vice President of Research at the NATIONAL ASSOCIATION OF REALTORS®.  He oversees and is responsible for a wide range of research activity for the association including NAR’s Existing Home Sales statistics, Affordability Index, and Home Buyers and Sellers Profile Report.  He regularly provides commentary on real estate market trends for its 1 million REALTOR® members.Dr. Yun creates NAR’s forecasts and participates in many economic forecasting panels, among them Blue Chip and the Harvard University Industrial Economist Council. He appears regularly on financial news outlets, is a frequent speaker at real estate conferences throughout the United States, and has testified before Congress. USA Today in 2008 listed him among the top 10 economic forecasters in the country and he has been named among the Most Influential Real Estate Leaders by INMAN News over the past several years.Dr. Yun received his undergraduate degree from Purdue University and earned his Ph.D. from the University of Maryland at College Park.”

The Future of Boise Airport

Boise Airport Director Rebecca Hupp recently presented some very timely information on the future of the Boise Airport  at the ACAR 59 Minute meeting.  Topics included an air service industry overview, current air service and future opportunities.  These issues are critical to economic development and businesses locating in the Boise area.

Click to Download Presentation