REALTORS Having Meaningful Impact

LOUISIANA REALTORS • June 17, 2020

Message From National Association of Realtors Vince Malta


Some are calling these troubling times. For REALTORS®, however, I call this a time when we can have a meaningful impact. It's a time for us to be leaders around the issues of community, race, and inclusion.

I hope you'll take a few minutes to watch the two-part video I recorded last week, part of our "Pivot in Place" video series. In it, I highlight the significant new steps we're taking in the areas of equal housing opportunity and community rebuilding, and I encourage brokerages to initiate conversations within their own companies about how they can deliver on the promise of racial equality and inclusivity.

 

As REALTORS®, we're constantly evolving our practices to be in tune with changes in the economic and technology landscape – and now, of course, with health and safety protocols. If we put our entrepreneurial mindset toward healing the racial divide, just think what we can accomplish for the good of our industry, our citizens, and our country.


Thank you.

Vince Malta


By Louisiana REALTORS® August 25, 2026
Louisiana REALTORS® CEO Norman Morris issued the following statement after SpaceX announced plans to invest $100 billion in a new launch facility in Vermilion Parish. The project is expected to create 3,000 direct jobs and more than 8,100 indirect jobs across Acadiana. “SpaceX’s investment is an extraordinary economic win for Louisiana. We congratulate Governor Jeff Landry, Louisiana Economic Development Secretary Susan Bourgeois, Vermilion Parish leaders, and everyone who helped bring this historic project home. The housing and infrastructure improvements needed to support more than 11,000 new job opportunities should generate a huge economic boost to the Acadiana and Gulf Coast region. According to the National Association of REALTORS®, each typical Louisiana home sale generates approximately $88,600 in economic activity. Even if only half of the new SpaceX related jobs lead to a home purchase, the impact would generate nearly half a billion dollars across our state's economy. That improves our tax base and school systems, and ripples through our economy touching builders, bankers, hardware stores, appliance dealers, contractors and so many more. “Housing is not downstream of economic development; it is an essential infrastructure. Louisiana REALTORS® and our partners stand ready to help turn these new jobs into homes, stronger communities and lasting roots in Louisiana. Economic development creates jobs, but housing turns those jobs into homes. Let’s make Louisiana home again, together.” Economic-impact estimates are illustrative calculations by Louisiana REALTORS® using employment projections from Louisiana Economic Development and the National Association of REALTORS®’ estimated economic impact per typical Louisiana home sale. They are not forecasts or recurring annual-impact figures. Enjoy the video below from the Louisiana Department of Economic Development .
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