Welcome!

News Feed Item

Housing and Tax Reform Top Issues Affecting Realtors(R), Real Estate Industry

WASHINGTON, DC -- (Marketwired) -- 05/14/13 -- Experts applauded Realtors® for their commitment to keeping housing a top priority for the nation and staying engaged in the debate over future housing policies at today's Legislative and Political Forum during the Realtors® 2013 Midyear Legislative Meetings & Trade Expo.

During the session, Congressman Randy Neugebauer (R-Texas) revealed that members of Congress could roll out new housing reform legislation within the next month and that fixing the housing market and economy is extremely important to all Americans, who will need to tighten their belts going forward.

"We need to fix our country, encourage people to invest and save more, and put Americans back to work," said Neugebauer. "The government-sponsored enterprises Fannie Mae and Freddie Mac also need to be dialed back because tax payer dollars are guaranteeing nine out of 10 mortgages. It's time to bring private capital back into the housing market."

"As the leading advocate for homeownership, the National Association of Realtors® is committed to working closely with Congress and the real estate industry to design a secondary mortgage model that will serve America's best interest today and into the future," said NAR President Gary Thomas, broker-owner of Evergreen Realty, in Villa Park, Calif. "We also strive to preserve the mission and purpose of the Federal Housing Administration's single-family mortgage program and ensure that it has the tools and policies in place to continue providing safe, affordable mortgage financing to qualified borrowers."

Political commentator and analyst Jeffrey Birnbaum provided a snapshot of issues currently looming in Congress, including gun control, immigration reform and the healthcare law and discussed their potential impact on real estate.

"Although the economy appears to be slowly coming back, the Administration's second-term agenda may have stalled," he said. "Political winds have a tendency to suddenly shift though, so no one should take current tax policies for granted. If compelled to act, Congress could move legislation quickly on tax reform."

Birnbaum also cautioned that Congress may already be considering tax policies for reform. "Modifying or eliminating some current tax measures for homeownership is a very real possibility, so don't count them out from future tax reform. Lawmakers need to hear from you about the importance of maintaining current tax policies for homeowners and investors," he said.

Birnbaum encouraged Realtors® to continue their hard work in keeping housing first on the nation's public policy agenda. "It is wise of you to be here this week in Washington to make your voices heard. No one wants to be caught flat-footed if Congress decides to act quickly with tax reform."

More than 9,000 Realtors® are expected to attend the Realtors® Midyear Legislative Meetings & Trade Expo. During the week, they will also meet with legislators on Capitol Hill to address critical housing and private property issues like mortgage finance reform, tax laws for homeownership and real estate investment, and keeping the Federal Housing Administration affordable.

For more information about the Realtors® Midyear Legislative Meetings & Trade Expo, visit www.realtor.org/midyear.

The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.

Information about NAR is available at www.realtor.org. This and other news releases are posted in the "News, Blogs and Video" tab on the website.

For further information contact:
Michelle Wardlaw
202-383-1050
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-founder and CTO of Octoblu, a revolutionary real-time IoT platform recently acquired by Citrix. Octoblu connects things, systems, people and clouds to a global mesh network allowing users to automate and control design flo...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
With 15% of enterprises adopting a hybrid IT strategy, you need to set a plan to integrate hybrid cloud throughout your infrastructure. In his session at 18th Cloud Expo, Steven Dreher, Director of Solutions Architecture at Green House Data, discussed how to plan for shifting resource requirements, overcome challenges, and implement hybrid IT alongside your existing data center assets. Highlights included anticipating workload, cost and resource calculations, integrating services on both sides...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Unless your company can spend a lot of money on new technology, re-engineering your environment and hiring a comprehensive cybersecurity team, you will most likely move to the cloud or seek external service partnerships. In his session at 18th Cloud Expo, Darren Guccione, CEO of Keeper Security, revealed what you need to know when it comes to encryption in the cloud.
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.