© Leigh Prather / Fotolia
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.
Despite consistently low inventory levels and faster price growth, existing-home sales bounced back in February after two straight months of declines.
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.”
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.