Week of February 6, 2023

Hello RACI,

HIGHLIGHTS

• Miss IAR Legal + Legislative Update? Check out recording below with welcome from IAR President Lynn Wheeler

Welcome REALTOR® Shaun Odom with The Hardie Group.

Fed Move Has No Negative Impact on Mortgage Rates

Borrowing costs have fallen a full percentage point since November, enabling millions more potential buyers to reenter the market.

The 30-year fixed-rate mortgage is nearly a full percentage point lower than its 7.08% peak in mid-November, helping affordability and offering millions of potential home buyers to reenter the housing market.

Even as the Federal Reserve voted this week to raise its benchmark rate by another quarter of a point, mortgage rates continued to inch downward.

READ MORE AT REALTOR MAGAZINE

Brokers: Get Your Agents in Front of the Market Shift With RPR Housing Data

Sensational headlines about the changing real estate market are causing plenty of uncertainty among consumers. As a broker, you can directly help your agents prepare for the market shift and give them access to tools that can help them succeed.

RPR (Realtors Property Resource®) has the perfect solution: new housing market charts and graphs.

This collection of data, metrics and statistics is incredibly helpful in explaining local market trends. Your agents can easily share this data with clients and prospects, to:

• Build confidence and clear up confusion by delivering local market data
• Walk clients and prospects through the key details of monthly inventory, above or below asking prices, days on market, median sold price and more
• Include in communications, presentations and social media to spark conversations

READ MORE AT RPR

RESERVATION DEADLINE: MONDAY, FEB. 13

Join us to get fancy and raise money and awareness for the 2023 Inaugural Charity Gala beneficiary: One Warrior Foundation

• Cocktails, Mocktails, & Silent Auction
• Dinner & Dessert
• Annual Awards & One Warrior Presentation
• Photo booth & Dancing

WHEN: Friday, Feb 24 | 6-10 p.m.

WHERE: Bel Air Events - Kokomo

DINNER TICKETS: $60

Reservation deadline: Feb 13

Upcoming Committee Meetings

Community Outreach & Social Activities

Wed 2/8 @ 9:00am - Zoom

Chair: Britni Merrell & Susan Cone

Vice Chair: Abby Miller & Tisha Strickler

Technology

Mon 2/13 @ 10:00am - RACI

Chair: Rachel Henry

Vice Chair: Jeff Bridenthall

Interested in joining a RACI Committee?

Committees welcome new members all year long - sign up here!

Select 'Put me on the general volunteer list' if you'd like a more supporting role.

Login here or create your Member account login here

WEDNESDAY, FEBRUARY 1 - MONTHLY MLS TECHNOLOGY FEE INVOICING

MLS technology fee will be invoiced on Wednesday, February 1, due Saturday, February 25.

Interested in supporting RACI members? Let us know: click here!

2023 Affiliate Portfolio & Sponsor Opportunities out Now!

RACI offers customized event sponsorships that help you meet your business goals.

REALTORS® Association of Central Indiana Partners - investing in RACI Members!

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