REALTORS® – doing much more than selling homes
As a REALTOR® I am a member of the largest professional trade association in the United States. What makes the National Association of REALTORS® (NAR) organization special is how we bolster a strong real estate market which helps each and every one of our communities. Here are just a few of the policy initiatives we are currently involved in:
- Keeping homeowner tax policies in place –Proposed changes to the mortgage interest deduction and property tax deduction are being strongly argued against by NAR as this could take away one of the more financially-beneficial reasons for being a homeowner.
- Making credit and lending policies more friendly –NAR is advocating that credit and lending institutions along with federal regulators review the current credit structure and determine safe ways to increase credit availability to those borrowers who are qualified and good credit risks.
- Making sure commercial real estate remains strong – According to NAR, “$1.2 trillion in commercial real estate loans will come due over the next few years” and access to credit will be a factor in making sure these loans are financed. The same credit tightening that has affected would-be buyers has also affected the commercial sector and it is NAR’s contention that this needs to be corrected.
According to the National Association of REALTORS, “Real estate powers almost one-fifth of the U.S. economy, employs more than 17 million Americans, and contributes a quarter of all federal and state tax revenue and as much as 70% of local taxes.” If you have questions, please contact me at 602-291-1866 or email email@example.com
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