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Tuesday, February 9th, 2010

NAR Hopes to Work Closely with New Administration

January 26, 2009 by jennief  
Filed under Finance

The National Association of Realtors (NAR) is looking forward to a new administration, hopeful that some housing strategies can be put in place that will benefit the housing market as a whole and help lead the country out of economic turmoil.  NAR is hopeful that future measures can focus on restoring consumer confidence when it comes to real estate.

In a recent article by Mary Trupo, NAR President Charles McMillan said, “The housing sector is at the core of the current economic crisis.  A renewed, revitalized and robust housing market is essential to generating commerce and helping families build wealth and stability. We are eager to see this happen and look forward to working with the Obama administration and Congress to quickly implement housing stimulus efforts.”

NAR hopes that they can work closely with the new administration and find a solution that will benefit everyone, those facing foreclosure, real estate investors and real estate professionals.  Obama’s election has raised hope in a lot of people.  Real estate is closely tied to the economy and its success should buoy the economy and help get it back on track.

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  1. [...] a recent article NAR chief economist Lawrence Yun said “home prices continue to fall significantly. It appears some [...]



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