The most recent economic stimulus bill, the Emergency Economic Stabilization Act, was a good first step towards stabilizing our nationâ€™s economy.Â Unfortunately, a number of the Actâ€™s provisions have not proven to be as useful at stabilizing the nationâ€™s housing markets as was first thought.
Congress may consider second economic stimulus bill this month.Â If they do, there are a number of changes that could help to provide more stability to the nationâ€™s real estate markets which most agree is a necessary step towards recovery.
NAR has urged Congress to include the following provisions in any future legislation:
Thereâ€™s an easy way for you to tell Congress you support this stimulus plan from the National Association of Realtors. Click here. Itâ€™s easy and in everyoneâ€™s best interest.