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Real Estate, Realtors, Residential, US Real Estate

Insult to Injury - Washington’s Proposal To Change MID Could Put A Nail in Homeowners’ Coffin

By Anita Cooper | August 25, 2011
The trend these days from politicians to preachers, from music gurus to realtors, is the bus tour. The National Association of Realtors has been tooling around the country on the “Home Ownership Matters Bus Tour”, discussing the impact that changes to the mortgage interest deduction could have on both existing and hopeful homeowners. This tour […]
Mortgage, Real Estate, Realtors, US Real Estate

Argument Over Eliminating Mortgage Interest Deduction Heating Up

By Donna S. Robinson | August 3, 2011
With the federal budget deficit at the top of the congressional agenda, Congress has been making noises about eliminating the Mortgage Interest Deduction,(MID). Some economists who are in favor of eliminating the deduction say it could add some 470 billion dollars to federal government coffers, and would make a significant contribution to deficit reduction, while […]
Real Estate, US Real Estate

NAR Calls for Home Ownership Tax Benefits to Be Preserved

By Allison Halliday | August 1, 2011
The NAR is warning that any changes to mortgage interest deductions could threaten recent signs of stability within the housing market, eroding prices and values, and hurting economic growth. The Chief Economist of the National Association of Realtors®, Lawrence Yun, spoke at a recent forum entitled ‘Rethinking the Mortgage Interest Deduction,’ which was hosted by […]
US Real Estate

Lawmakers Call For Lower Down Payments

By Mike Wheatley | June 2, 2011
A mortgage proposal that calls for a 20% down payment on even the safest of mortgages is the target of a group of lawmakers who are desperate to convince federal regulators to overhaul the move. The move, say lawmakers, would threaten the chances of the US making a full recovery from recession “for years”. A […]
Realtors

Realtors Facing Tough Times Together

By Mike Wheatley | May 20, 2011
The job of a realtor isn’t much fun these days, what with delinquencies on the rise, home prices continuing to fall and even stricter regulations on the way. And so you could be forgiven for thinking that those attending last weekend’s National Association of Realtors convention would be in a pretty sour mood. But as […]
Residential, US Real Estate

Pending Home Sales SOAR in D.C. Up 31%

By Ryan Cox | February 11, 2011
MRIS data showed that the Washington region posted its highest monthly and yearly increase in pending sales in more than a decade, with 3,198 purchase contracts signed in January. Was this just luck? Or, is someone in DC actually working for their dinner?
US Real Estate

Confidence In Real Estate 2011

By Phil Butler | December 31, 2010
A report released last week by the National Association of Realtors suggests the housing market for 2011 may be a lot better than previously expected. Existing home sales are up again, and investment in new construction stock is up as well. With jobs and other variables stabilizing, it seems as if the overall outlook is very positive for 2011.
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