Call for Action: Encourage Congress to Support NAR's Housing Stimulus Plan

By
Real Estate Agent with Barbee Realty BK3033644

The National Association of Realtors is taking action to improve our economy.  All Realtors have been reminded to send letters to our Congressperson and Senators.  This is your chance to make a difference as well.  Here is the info I received and a sample letter below if you would like to send a letter also...you do not have to be a Realtor. .just change "Realtor" to "Concerned Citizen Joe (or Jane)"  or something like that. 

Support NAR's Four-Point Housing Stimulus Plan

Congress may soon consider a new economic stimulus bill. Housing has always lifted our economy out of past economic downturns so it is imperative that Congress focus on housing in the next stimulus package. 

We need ALL members to support NAR's efforts to have the NAR Four-Point Housing Stimulus Plan included in any future stimulus bill.

Contact Congress today and ask them to include  NAR's Four-Points in the next stimulus package. 

Reviving the real estate market must be the focus of any future stimulus bill

Dear ( Insert the name of your Congressperson and Senators here)

As a (constituent and a Realtor), I ask that Congress focus any future stimulus package on reinvigorating housing markets. The current crisis is the result of problems in the nation's housing markets. Efforts to boost the economy must calm jittery real estate markets.

Earlier, the National Association of Realtors (NAR) proposed a 4-Point Housing Stimulus Plan that should be part of any new stimulus package. NAR's plan would:

*Make the $7500 first-time homebuyer tax credit available to all buyers and eliminate repayment requirements. The credit's limited availability and repayment requirement severely limit the credit's use and effectiveness.

*Make the 2008 FHA, Fannie Mae and Freddie Mac loan limits permanent. New rules for 2009 will reduce them. Now is not the time to limit mortgage affordability.

*Get the Treasury relief program back on track and target more funds to mortgage relief. Create a federal mortgage interest buy-down program to make below-market rates available and stabilize home prices.

*Permanently bar banks from engaging in real estate brokerage and management. The banks have proven they have enough to do to simply manage the loan process. Banks should not manage home sales and purchases.

Housing has always lifted our economy out of past economic downturns. It's imperative now to foster a housing recovery, so that the economy can recover. Thank you for your hard work.

Sincerely,

Sheila Barbee

 

Click on the"Take Action" button above to view more about this and automatically email the message above to your Congressperson and Senators.  If you don't see the "Take Action" button then copy and paste this link: http://takeaction.realtoractioncenter.com/campaign/4pointplan/w6nuwwd407kxwm85?

 If you are a Realtor and want to change the message...or if you are not a Realtor you can still send the message. All you have to do is a Google search to find out WHO your Congressperson and Senators are and their email addresses...or just click on the buttons below:

Visit your Congressperson's website. Find your House Rep here. Find your Senator here.

Posted by

 

Sheila Barbee, Broker Associate

CSP (Certified Short Sale Professional)

ERA Chipola Realty, Chipley office

sheilalbarbee@yahoo.com

850.849.4386 c
850.638.2044 f
"If it's sold...it's Sheila"

Comments (7)

Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

I would add to that....if the government gives money to banks, the requirement has to be to lower the interest rate...THAT is a stimulus....the rest is a a bad joke for consumers.

Nov 12, 2008 10:49 PM
Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate

Sheila,  Putting in the fourth point about banks in real estate just makes the whole thing appear to be self serving.  While I agree, it really doesn't have anything to do with a real estate "stimulous" package.

Nov 12, 2008 10:55 PM
Rob & Jeannie Steward - Realtors®
RE/MAX Advantage - Nashville, TN
We Work TWICE As Hard For You! - Ashton Group

When you receive this message in your e-mail, please do take a minute to click the button that sends this to your Representative. Just one click is all it takes!

 

Nov 12, 2008 11:11 PM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Shelia, welcome to ActiveRain. I sent my letter off to my representatives this morning. Thanks.

Nov 12, 2008 11:41 PM
Sheila Barbee
Barbee Realty - Niceville, FL
Broker

 

Thanks Rob  Jeannie Steward!  I am adding this button after reading your response.

Click on the above "Take Action" button and it will take you to a site where you can automatically send this letter.

Nov 12, 2008 11:55 PM
Sheila Barbee
Barbee Realty - Niceville, FL
Broker

oops..correction.."Rob & Jeannie Steward"

Nov 12, 2008 11:58 PM
Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula
Realty Works Temecula - Temecula, CA
Realty Works Temecula

Sheila, I just received the e-mail and responded.  I am writing a blog and including the link.  There are some here on A.R. that have written somewhat negative blogs about this saying that it falls short.  Nothing is ever perfect for some people. 

Nov 13, 2008 02:00 AM