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NAR Home Ownership Bus Tour Stops in Portland

Media Contact: Leanne High / 202-383-1290 / Email

PORTLAND (March 25, 2011) - After several stops throughout the country this month, the Home Ownership Matters Bus Tour will stop in Portland on Saturday, March 26, outside the Portland Better Living Home Garden & Lifestyle Show. Hosted by the National Association of REALTORS®, the bus tour will give consumers the chance to speak with NAR leaders and local officials about how shifting priorities and public policies in Washington could affect home ownership in Portland.

“Our government has historically supported home ownership because it helps families build their futures, it supports community stability, and it contributes to the strength of our nation’s economy,” said NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I. “REALTORS® understand how important home ownership is and this bus tour allows us to communicate directly with people across the country about the issues that matter most to them.”

The NAR Home Ownership Matters Bus will be parked at the Portland Metropolitan Exposition Center on N. Marine Drive in the parking lot across from Expo Halls D & E from 11 a.m. until 2 p.m. PDT on Saturday. Attendees can register to win prizes worth up to $2,500 and can enjoy food, beverage and entertainment. NAR 2011 Vice President and Liaison to Government Affairs Vince Malta will be available for media interviews at the event.

According to NAR’s Housing Opportunity Pulse Survey, more than three-fourths of Americans in the northwest region of the U.S. – which includes Portland – believe that buying a home is a solid financial decision. Seventy-three percent of those surveyed in the region also agreed that now is a good time to buy a home.

“Every market is different, but given today’s low interest rates and historic affordability it makes sense for people to consider home ownership,” said Phipps. “NAR believes that anyone that is willing and able to own their own home should have the opportunity to do so.”

NAR’s Home Ownership Matters Bus Tour began in Chicago on March 5 at the Chicago Flower & Garden Show. The bus has visited additional cities along the way, including a stop last weekend in Denver at the Denver Home Show. Ongoing news and information for the tour is posted on HouseLogic at www.houselogic.com/bus. HouseLogic is a free source of information from NAR that helps home owners maintain and enhance the value of their homes and engage in issues that affect their local communities.

The National Association of REALTORS®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.1 million members involved in all aspects of the residential and commercial real estate industries.

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REALTOR® is a registered collective membership mark which may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and subscribe to its strict Code of Ethics. Not all real estate agents are REALTORS®. All REALTORS® are members of NAR.

Information about NAR is available at www.realtor.org. This and other news releases are posted in the News Media section.