New consumer findings from NAR show that while a growing share of households feel more confident about the economy and their financial situation this year, extremely challenging market conditions to start the year has led to skepticism that this is a good time to buy a home.
The bill contains housing-related provisions important to REALTORS®,including alleviating the weakening of the Low-Income Housing Tax Credit (LIHTC) from the new tax law, and extending the National Flood Insurance Program (NFIP) through at least mid-summer.
Throughout March and April, Houselogic.com, the comprehensive website for homeowners, buyers and sellers from the National Association of Realtors®, along with real estate industry experts will answer consumers’ questions about the home buying process in a Q&A series on Facebook, titled “How to Buy a Home Step-by-Step.”
March 20, 2018
Media Contact:Jane Dollinger 202-383-1042
NAR testified in support of expanded association health plans before the U.S. House Education and the Workforce Subcommittee on Health, Employment, Labor and Pensions.
The exclusion for forgiven home mortgage debt following a foreclosure, short sale or loan modification should be made permanent to provide relief to troubled borrowers and minimize the damage to families, neighborhoods and communities.
Home purchases by millennials ticked up over the past year, but inventory constraints and higher housing costs kept their overall activity subdued and prevented some from leaving the more affordable confines of their Gen X and baby boomer parents’ homes.
March 14, 2018
Media Contact:Adam DeSanctis 202-383-1178
Realtors® believe that financial regulations needs to be balanced with appropriate consumer protections, and we believe this bill achieves that goal; we urge Congress and the administration to enact S.2155 into law.
March 13, 2018
REALTORS® believe that fair housing for all should remain a core part of HUD's mission.
A proposed rule from the U.S. Department of Labor could make it easier for small businesses and self-employed individuals to purchase health insurance through association health plans.
March 6, 2018
Media Contact:Sara Wiskerchen 202-383-1013
REALTORS® are pleased with the IRS announcement clarifying and confirming that under the new tax law owners can continue to deduct the interest on a home equity loan, line of credit or second mortgage when the proceeds are used to substantially improve their residence.