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.
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
As HUD considers removing anti-discrimination language from its mission statement, NAR affirms that REALTORS® believe 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.
After seeing a modest three-month rise in activity, pending home sales cooled considerably in January to their lowest level in over three years.
February 28, 2018
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.
An uptick in existing-home sales in the final three months of 2017 pulled down housing inventory to an all-time low and kept home-price growth at its recent robust pace.
February 13, 2018
Despite weakening optimism from non-homeowners at the end of last year that now is a good time to buy, an overwhelming majority said they do want to own a home in the future and believe homeownership is part of their American Dream.
February 7, 2018