NAR’s ninth housing pulse survey reflects that, as the housing market continues to struggle, Americans worry that policy proposals coming out of Washington could drag the market down further or deter potential new homeowners.
The Legal Counsel Work Group was formed as a result of comments from attorneys who attended the 2010 Chicago Legal Seminar that they needed additional guidance on the role of association counsel during ethics and arbitration hearings.
NAR's 2011 Community Preference Survey explores Americans' wants regarding neighborhood characteristics such as proximity to parks and shopping, walkability, and commuting time, and the trade-offs in home type and size that people may be willing to accept in order to obtain those neighborhood preferences. The survey reveals that most Americans would like to live in walkable communities where shops, restaurants, and local business are within an easy walk from their homes, as long as those communities can provide detached single-family homes.
A substantial majority of both home owners and current renters agree that owning a home is a smart decision over the long term, according to the results of an NAR survey conducted by Harris Interactive.
On Dec. 1, 2010, the bipartisan deficit-reduction commission, appointed by President Obama, released its final plan for cutting the U.S. deficit—which included suggestions to pare back the mortgage interest deduction. While 11 of the 18 commissioners voted to support the proposals in the report, the group fell short of the super majority needed to automatically send the recommendations to Congress.
NAR is meeting with several of the largest national mortgage lenders in an effort to communicate REALTOR® concerns and discuss how we can work together to make significant improvements to both the origination and short sale processes. These meetings mark a new phase of the relationship between NAR and lenders. The goal is to increase our mutual success and help support market recovery. This report outlines key principles for addressing existing problems.