State Issues
REALTORS® Earn Significant Wins in This Year’s Session
April 7, 2023
REALTORS® Earn Significant Wins in This Year’s Session
In addition to a few key budget initiatives and economic development efforts of the Governor, Georgia REALTORS® were also well represented this year with several legislative priorities passing outright or as amendments to other bills.
Priority initiatives that passed include HB 311 which provides tax relief for properties damaged by natural disasters. SB 213 prohibits local governments from banning the replacement of a manufactured home with a manufactured home. HB 417, another priority bill, which limits the predatory practice of filing liens for 40-year listing agreements, was successfully amended to SB 90 which passed out of the Senate and is now headed to the Governor’s desk.
Some priority bills that did not pass this year include HB 517, which would have prohibited local governments from mandating design standards, and HB 514, which would Increase transparency in the single-family moratorium process of zoning.
About the ARA Market Brief
The Atlanta REALTORS® (ARA Market Brief is compiled by First Multiple Listing Service (FMLS) and provides the only regionally focused synopsis of monthly sales and home prices for single-family residential properties. The Market Brief covers the following 11 counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Paulding, and Rockdale.
The data in this report was compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Association at 404.250.0051.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Atlanta REALTORS® Association
The Atlanta REALTORS® Association (ARA) has been an instrumental factor in the growth of real estate in the state of Georgia for more than a century. With over 14,000 members, Atlanta is the largest association in Georgia and is considered to be one of the strongest and most successful REALTOR® organizations in the nation. ARA serves as a central source of information for its members, mainly focusing on real estate education, the promotion of professionalism in the industry, and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.
About First Multiple Listing Service
First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers. Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers. For additional information or to start a discussion about how to partner with FMLS please contact join@fmls.com.