This site is about the overreaching political power of the NC Association of Realtors flush with money from cashing in your equity 6% at a time, leaving you to pay for growth with property taxes, year after year, with or without cash flow. In the last few years NCAR has pumped millions of dollars into NC political campaigns at the state and local level. They have spent millions more to defeat Local Options for Local Governments with misleading ads.

Friday, July 27, 2007

Transfer Tax Still in Budget

The land transfer tax option is still in the North Carolina State Budget deal after House and Senate caucus meetings yesterday and despite the best attempts of the Realtor and Homebuilder lobbyists to derail it. The bill is currently being printed with an expectation that it will be read and voted on Saturday with a final vote in the early hours of Sunday. For updates check the Transfer Tax News feed over on the right. Mark Binker's Capital Beat and Laura Leslie's Isaac Hunter's Tavern have been producing the most timely after hours reports in their blogs which supplement their primary media, print and radio. Also check Under the Dome throughout the day.

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