Voice for Real Estate – Carson, Trump, Scams, Sales, Reverse Mortgages

In this weeks ‘Voice for Real Estate”: The Senate confirmed Ben Carson to head up HUD. President Donald Trump in his address before Congress touched on tax reform, health insurance reform, infrastructure investment, and deregulation – all issues of interest to real estate. Also, an NAR attorney talks about the best way to protect yourself and your clients from the growing number of scams targeting real estate. In addition, a real estate broker explains how your clients can to use a reverse mortgage for a home purchase.

Senate Confirms Carson Nomination as Realtors® Look to Opportunities and Challenges Ahead

Washington, D.C. – March 2, 2017 (nar.realtor) — The U.S. Senate confirmed Dr. Ben Carson as the Secretary of Housing and Urban Development today with a roll call vote of 58-41. National Association of Realtors® President William E. Brown, a second-generation Realtor® from Alamo, California and founder of Investment Properties, said Realtors® will work closely with Secretary Carson to support homeownership and real estate investment.

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Following is a statement from NAR President William E. Brown on the nomination:

“Dr. Carson should be proud of his achievement. The task at hand is a big one, and we applaud his commitment to the challenges that lie ahead.

“NAR has been the voice of real estate for over a century. In that time we’ve seen changes in markets, in Washington and in the business of our Realtor® members. But there’s a reason that homeownership is called the ‘American Dream,’ and that hasn’t changed one bit.

“Homeownership helps build communities and build wealth for families. And we know that the policies set in Washington can make a real difference for Americans as they work to realize their dream of homeownership.

“We’re committed to helping them get there, which means addressing the hurdles that buyers, current homeowners and investors face in the marketplace. Housing inventories are tight and mortgage credit is hard to come by, and at the same time far too many buyers are saddled with high rents and student debt that stand in the way of saving for a down payment.

“We look forward to working with Secretary Carson to meet these challenges head on.”

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.2 million members involved in all aspects of the residential and commercial real estate industries.

Media Contact:

Jon Boughtin
(202) 383-1193
Email

Voice for Real Estate – FHA Premium, Carson, Reverse Mortgages

In one of its first actions, the Trump Administration suspended a planned decrease in the FHA mortgage insurance premium. Other segments of this ‘Voice for Real Estate’ segment look at the nomination of Ben Carson to be HUD secretary, the latest on home sales, and how consumers can use a reverse mortgage to purchase a home.

National Association of Realtors® Congratulates Dr. Ben Carson, Nominee for Secretary of Housing and Urban Development

Washington, D.C. – December 5, 2016 (Realtor.org) In response to the announcement of Dr. Ben Carson as President-Elect Donald J. Trump’s selection for Secretary of Housing and Urban Development, NAR President William E. Brown issued the following statement:

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“Realtors® know that the incoming Secretary of Housing and Urban Development has a big job ahead. Potential homebuyers face a range of hurdles, from rising prices to mortgage credit that’s burdened by fees and extra costs.”

“We congratulate Dr. Carson on accepting this important challenge and wish him the very best of luck in meeting the task ahead. While we’ve made great strides in recent years, far more can be done to put the dream of homeownership in reach for more Americans. The National Association of Realtors® and its 1.2 million members looks forward to working with Dr. Carson to fulfill this important mission.”

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.2 million members involved in all aspects of the residential and commercial real estate industries.

Media Contact:

Jon Boughtin
(202) 383-1193
Email