Santa Fe voters rejected a proposed transfer tax last night, with 54% voting against the tax to just 46% in favor. Working closely with NAR and RANM, the Santa Fe Association of REALTORS® ran an aggressive grassroots campaign against the tax that featured targeted direct mail, radio and face-to-face communications. The Santa Fe Association of REALTORS® would like to thank all of the volunteers and those voters who worked to the defeat of the City’s inequitable home tax. We are thankful that voters agreed with our message that the proposal was unfair, targeted older homes, did not provide enough specifics on how the money would be used, and would not address our long term housing needs. The Association is hopeful that the community will respond to this vote by coming together and getting beyond the divisive election to advance affordable housing solutions that are both effective and fair. In the coming months, we will be working to advance a variety of methods to increase housing affordability and stand ready to offer our leadership by working with all stakeholders. All of this would not have been possible without your support and our Realtor family truly deserves the credit for this victory. Congratulations also to the NAR and RANM, whose support of and investment in the campaign made the outreach effort possible.