{"id":1280,"date":"2011-11-17T14:21:27","date_gmt":"2011-11-17T14:21:27","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=1280"},"modified":"2011-11-17T14:21:41","modified_gmt":"2011-11-17T14:21:41","slug":"housing-must-be-a-national-priority","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/housing-must-be-a-national-priority\/","title":{"rendered":"Housing Must Be a National Priority"},"content":{"rendered":"

(SOURCE: National Association of Realtors) –<\/strong> The struggling housing market needs to be a priority on the nation\u2019s public policy agenda, because housing and homeownership issues affect all Americans. That was the message from speakers at the Legislative and Political Forum yesterday at the 2011 Realtors(R) Conference & Expo.<\/p>\n

Realtors(R) at the National Association of Realtors(R) annual conference heard from Washington Post columnist Eugene Robinson and political media consultant Alex Castellanos, who both agreed the housing market is hurting and needs to be a top priority for the 2012 presidential candidates.<\/p>\n

Both speakers said that while much of the debate focuses on the financial aspects of homeownership, there is no denying that owning a home has many social benefits and is important to the fabric of society.<\/p>\n

\u201cOwning a home represents the best of America, is a goal for many families and has many benefits beyond the financial. We build the economy on homeownership, however, and until the housing market is restored, the nation and economy can\u2019t move forward,\u201d said Castellanos. He said that instead of taking money from hardworking, middle-class Americans by reducing or eliminating the mortgage interest deduction, the government should to cut its spending and give back to the American people.<\/p>\n

\u201cTaking away the mortgage interest deduction would let even more air out of the balloon and be devastating to the housing market and economy. I don\u2019t anticipate changes to mortgage interest deduction,\u201d said Castellanos.<\/p>\n

Rep. Gary Miller (R-Calif.) also spoke at the forum and urged Realtors(R) to reach out to their members of Congress and encourage them to get involved in stabilizing the housing market.<\/p>\n

\u201cA healthy housing industry helps everyone in the country. The housing market has led this nation out of every downturn we\u2019ve had in the past. Congress needs to focus on stabilizing the market, and that must be dealt with today and in a comprehensive fashion that will serve homeowners today and in the future,\u201d said Miller.<\/p>\n

He said that legislation and regulations to fix the housing market must do no further harm. Miller said reduced loan<\/a> limits for conforming loans, proposals that would eliminate Fannie Mae and Freddie Mac, and calls to eliminate or reduce the mortgage interest deduction are having a negative impact on consumer confidence and the housing industry, and could lead to less liquidity and possibly more foreclosures.<\/p>\n

<\/div>\n

Miller talked about the future of the secondary mortgage market and said that while private capital must be the dominate source of mortgage credit, government involvement is necessary to ensure investor confidence and mortgage liquidity.<\/p>\n

NAR supports the principles of a bill introduced by Reps. Miller and Carolyn McCarthy (D-N.Y.) earlier this year, H.R. 2413, the \u201cSecondary Market Facility for Residential Mortgages Act of 2011,\u201d that offers a comprehensive strategy for reforming the secondary mortgage market and gives the federal government a continued role to ensure a consistent flow of mortgage credit in all markets and all economic conditions.<\/p>\n

California Governor Jerry Brown was also a featured speaker at the forum and told attendees that while it\u2019s important for consumers to live within their means it also critical that they invest in their futures, and one important way is through homeownership. He also said there needs to be more help for underwater homeowners through refinancing their mortgages or reducing their debt burden.<\/p>\n

Brown hopes Congress can come together soon and develop solutions that will solve many of today\u2019s housing and economic challenges. \u201cThe nation needs to have restored confidence in the housing market and economy,\u201d he said.<\/p>\n

The National Association of Realtors(R), \u201cThe Voice for Real Estate,\u201d is America\u2019s largest trade association, representing 1.1 million members involved in all aspects of the residential and commercial real estate industries.<\/p>\n

Information about NAR is available at www.realtor.org. This and other news releases are posted in the News Media section.<\/p>\n

REALTOR(R) is a registered collective membership mark which may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS(R) and subscribe to its strict Code of Ethics. Not all real estate agents are REALTORS(R). All REALTORS(R) are members of NAR.<\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(SOURCE: National Association of Realtors) – The struggling housing market needs to be a priority on the nation\u2019s public policy agenda, because housing and homeownership issues affect all Americans. That was the message from speakers at the Legislative and Political Forum yesterday at the 2011 Realtors(R) Conference & Expo. Realtors(R) at the National Association of … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[5,4,9],"class_list":["post-1280","post","type-post","status-publish","format-standard","hentry","category-real-estate-tips","tag-anthony-didonato","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nHousing Must Be a National Priority - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/housing-must-be-a-national-priority\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-must-be-a-national-priority\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-must-be-a-national-priority\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Housing Must Be a National Priority\",\"datePublished\":\"2011-11-17T14:21:27+00:00\",\"dateModified\":\"2011-11-17T14:21:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-must-be-a-national-priority\\\/\"},\"wordCount\":704,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-must-be-a-national-priority\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2011\\\/11\\\/index6.jpg\",\"keywords\":[\"Anthony DiDonato\",\"Real Estate\",\"tips\"],\"articleSection\":[\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-must-be-a-national-priority\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/housing-must-be-a-national-priority\\\/\",\"name\":\"Housing Must Be a National Priority - 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