National Association of Realtors® President Ron Phipps called on Congress to resolve the mounting debt ceiling crisis before the August 2 deadline.
Washington, DC, July 28, 2011 -- Public and private sector workers in the Northeast need more affordable housing opportunities. In response, the National Association of Realtors®, in partnership with the National Housing Conference, will host a regional forum today in Boston to help develop solutions to workforce housing issues.
Any changes to the mortgage interest deduction now or in the future could threaten recent progress toward stabilizing the housing market, critically erode home prices and values, destroy middle-class wealth accumulation and hurt economic growth.
Pending home sales increased in June following a wide swing down in April and then up in May, according to the National Association of Realtors®. Activity increased in the West and South but declined in the Midwest and Northeast; all regions show strong double-digit gains from a year ago.
If regulators get their way, many qualified home buyers in Memphis, Tenn., may be shut out of the market very soon. That’s one of the reasons the National Association of Realtors® will be in town this weekend as part of its Home Ownership Matters Bus Tour.