Realtors® Rally Under the Shadow Of The Washington Monument

By
Real Estate Agent with Integrity Real Estate Group
http://actvra.in/Blp

Rally to Protect Homeownership in DC

 

Yesterday was the Rally to Protect Homeownership in Washington DC.  According to the count by the National Park Service we were 13,000 strong on the grounds of the Washington Monument yesterday morning. 

The rally was not just a chance to stand around idly to talk about the value of homeownership but part of the annual mid-year conference held in DC every year.

Besides hearing from other Realtors® at the rally Sen. Johnny Isakson from (GA) and Congressman Steny Hoyer (MD) also spoke about the importance of homeownership to the American economy.   What they didn't say and might not have struck anyone but me was the Washington Monument is current closed due to a large structural crack.  No one can get inside to see the beautiful views of Washington DC from the top.  Thousands of visitors are turned away with no chance of getting inside the doors.  The same is now true with homeownership in the US.  There are thousands standing just outside the door of their new homes but they can't get in due to chagnes in mortgage lending and appraisal rules.

Shifting lending rules to a to a "one size fits all" mentality has kept thousands of qualified buyers from buying a new home.  Changing down-payment rules, increasing monthly mortgage premiums and reducing potential closing cost assistance are just a few of the changes FHA has put in place impacting most first time homebuyers. 

Making sure that Congress understands the negative impact of changing the current mortgage tax deduction would have on homeownership is major concern to anyone who owns or hopes to own a home in the future.  Holding lenders accountable to do what was annouced by the White Houses as part of the $25 billion settlement in March 2012 should be a top priorty.

Lenders have not stepped up to the plate to streamine the short sale process and assisting our military servicemembers with PCS orders.  Calls to lenders about new programs for assistance by my clients have meet with responses including "it takes time to roll out these programs" or "we are unware of any program changes."  Answers which continue to leave the financial future of homeonwers in the lurch.

Hopefully the noice from yesterday's Realtor® Rally to Protect Homeownership was heard on Capitol Hill and the meetings that took place this week will spur lenders to do the right thing now.



 

Posted by

                                   Real People*Real Lives*Real Estate

If you are interested in learning more about the Northern Virginia Real Estate market including Alexandria, Arlington, Fairfax and Prince William Counties give Cindy Jones and Integrity Real Estate Group a call at 703-346-2213.

Military Relocation Specialist serving military families relocating to and from the Pentagon, Fort Belvoir, Quantico MCB and all of the Military District of Washington installations. 

Military Relocation Professional


Check out www.varealestatetalk.com and www.cjrealtygroup.com for more information.

Integrity Real Estate Group
 
Real People*Real Life*Real Estate

Licensed in the Commonwealth of Virginia



 

 

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Re-Blogged 5 times:

Re-Blogged By Re-Blogged At
  1. Hannah Williams 05/18/2012 03:17 AM
  2. Richard and Beth Witt 05/18/2012 07:01 AM
  3. Pamela Seley 05/19/2012 05:32 PM
  4. Joni Bailey 05/22/2012 01:45 PM
  5. Cheryl Ritchie 05/22/2012 09:52 PM
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Cindy Jones
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Rebecca-the bus I heard from the farthest distance away was one from Rochester NY.  There may have been others.  Glad your area was represented as well.

May 20, 2012 09:14 PM #98
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Cindy Jones
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Sandy-one of the advantages of living just a few miles outside of DC.

May 20, 2012 09:17 PM #99
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Cindy Jones
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Leslie-thanks for reading the post and have a great week.

May 20, 2012 09:18 PM #100
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Cindy Jones
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Bill-I'd say 13,000 was a good turnout though it should have been 100,000.

May 20, 2012 09:19 PM #101
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Cindy Jones
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Kimo-I'm not disagreeing with either yours or Carols' comments.

May 20, 2012 09:20 PM #102
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Cindy Jones
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Elizabeth-who could have missed the crab hats!  Glad you came to the event too.

May 20, 2012 09:21 PM #103
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Cindy Jones
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Mary-glad you have been able to make mid-year in the past.  It is very different than other NAR meetings.

May 20, 2012 09:36 PM #104
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Cindy Jones
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Pamela-I agree staying connected with what is happening at the local level is important

May 20, 2012 09:58 PM #105
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Cindy Jones
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Patty-I agree I hope the folks on the hill get the message soon.

May 20, 2012 10:23 PM #106
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Tim Lund
Coldwell Banker Western States - Hamilton, MT

Hi Cindy, I was there and it was awesome. Thanks for your positive post. I hope everyone understands that one of the reasons for the Mid year meeting is for our(FPC) Federal Political Coordinators to visit their congressmen/women with their Realtor® members. We took 20-30 members from Montana to attend with each congressmen. 

May 21, 2012 12:38 PM #107
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Jeff Dowler
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Cindy

Seems like a whole bunch of us from AR were there. It was very exciting and inspiurational, and hopefully will have an major impact and send the message the government needs to hear. I was only able to be there for about 45 minutes due to my meetings back at CRS late morning. It's very cool to see so many others getting involved in Realtor Party efforts.

Jeff

May 21, 2012 01:24 PM #108
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Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
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Marte-you are right.  There seem to be no enforcement of the promises.

May 21, 2012 09:10 PM #109
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Cindy Jones
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David-yes it was great to see the sea of blue.

May 21, 2012 09:11 PM #110
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Cindy Jones
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John-someone isn't spending the money on helping the homeowners they promised to with the 25B bailout.

May 21, 2012 09:13 PM #111
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Cindy Jones
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Dorte-couldn't have been to far away.

May 21, 2012 09:14 PM #112
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Cindy Jones
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You'r welcome Gene.

May 21, 2012 09:14 PM #113
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Cindy Jones
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Bob-it was nice to see how many people did travel for the Rally and NAR Mid-Year.

May 21, 2012 09:15 PM #114
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Cindy Jones
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Tim-thanks for your efforts on behalf on the homeowners in your area and homeowners across the  nation.

May 21, 2012 09:18 PM #115
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Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
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Jeff-yes as I read the comments and talk to folks AR had a good representation at the Rally.

May 21, 2012 09:19 PM #116
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Cheryl Ritchie
RE/MAX Leading Edge www.GoldenResults.com - Huntingtown, MD
Southern Maryland 301-980-7566
Well written post,Cindy, but the over 100 comments says it all. Linked here from Jeff's post!
May 22, 2012 09:37 PM #117
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