Federal
Coalition Files Suit to Stop WOTUS Rule
March 16, 2023
At the end of last year, the Environmental Protection Agency's and Army Corps of Engineers' (the Agencies') final Waters of the United States ("WOTUS") rule was released and scheduled to take effect on March 20, 2023. The National Association of REALTORS®, as part of a large coalition, has filed a lawsuit in the U.S. District Court for the Southern District of Texas to stop the rule from going into effect.
The lawsuit challenges the legality of the rule, which purports to clarify the Agencies' definition of WOTUS. Instead of providing much-needed clarity to the regulated community, the rule instead vastly expands the Agencies' authority over dry land and water features regardless of the physical connection to actual navigable waters. In February of this year, NAR submitted their comments on the proposed rule.
About the PBOR Market Brief
The Paulding Board of REALTORS® (PBOR) Market Brief is compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Board at 770.866.1397.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Paulding Board of REALTORS®
The Paulding Board of REALTORS® (PBOR) has been an instrumental factor in the growth of real estate in Paulding County, Georgia for more than a decade. PBOR serves as a central source of information for its members, with 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.