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.

Thursday, February 12, 2009

NCAR Loses 1,573 Members in January

Enrollment in the North Carolina Association of Realtors (NCAR) took a steep dive in January 2009, shedding 1,573 members, according to data from the National Association of Realtors (NAR). The membership roll of 38,615 as of 1/31/2009, is the lowest since June 2006. This is 3.91% below the 2008 year end enrollment of 40,188 and 9.7% below the 1/31/2008 enrollment of 42,765 making for a 12 month loss of 4,150 members. Membership in NCAR peaked in November 2007 at 43,569 and the current roll of 38,615 represents a loss of 4,954 members or an 11.37% decline since then.

The decline in membership also represents a shrinking of the market for the products of NCAR's for-profit subsidiaries RealFast and RealServ.

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