Realtors call on White House to host housing summit

WASHINGTON – Aug. 24, 2011 – To help develop policies that will stabilize the nation’s housing market and support an economic recovery, the National Association of Realtors® is urging the White House to host a summit of policymakers, industry leaders and government stakeholders focused on revitalizing the nation’s housing.

“As the leading advocate for housing issues, Realtors know that homeownership supports our nation’s economy,” said NAR President Ron Phipps. “Housing and homeownership issues affect all Americans, which is why we need strong policies that will help stabilize the housing market and lead the way out of today’s economic struggles.”

A housing recovery is key to America’s economic strength, and NAR wants to make sure that proposed legislation and regulatory rules or changes to current programs and incentives don’t further exacerbate problems within fragile real estate markets across the country.

A broad discussion among all stakeholders about what needs to be done to put the housing market and economy on a path to recovery could provide valuable recommendations and solutions to promote responsible, sustainable homeownership and stabilize and revitalize the housing industry and economy.

“Realtors look forward to coming together and working with President Obama and his administration as well as our industry partners to design a housing recovery plan that will serve our nation, its 75 million homeowners and indeed all Americans today and into the future,” said Phipps.

© 2011 Florida Realtors®

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