Charlotte REALTORS Take the Message of Homeownership to Capitol Hill

Charlotte  members Eric Locher, Joe Rempson, Scott Wurzbacher and Paisley Gordon on Capitol Hill

Charlotte Regional REALTOR Association members Eric Locher, Joe Rempson, Scott Wurtzbacher and Paisley Gordon on Capitol Hill

REBIC joined the leadership of the Charlotte Regional REALTOR® Association (CRRA) in Washington, D.C., last week to discuss housing issues with North Carolina’s U.S. Senators and Congressional staff during the National Association of REALTORS® (NAR)’s annual REALTOR® Party Convention.

Our visit to Capitol Hill began in the historic Kennedy Caucus Room of the Russell Senate Office Building, home to some of the most dramatic Senate proceedings of the past century, including the Watergate Hearings.

Senator Richard Burr speaks to Realtors in Washington, D.C.

Senator Richard Burr speaks to Realtors in Washington, D.C.

At a breakfast hosted by the North Carolina Association of REALTORS® (NCAR), we joined members from across our state for an hour-long dialogue with Senators Richard Burr (R) and Kay Hagan (D), who appeared separately to make remarks and answer questions about their positions on key housing issues.

And while members of the House of Representatives were back home for a District Work Week, we met with the Legislative Directors of Congressmen Robert Pittenger (R) and Richard Hudson (R) in their Capitol Hill offices.

Senator Kay Hagan speaks to Realtors on Capitol Hill

Senator Kay Hagan speaks to Realtors on Capitol Hill

Realtors® discussed a number of issues critical to the housing industry, including preservation of the Mortgage Interest Deduction (MID) in the federal tax code, protecting and strengthening the Federal Housing Administration (FHA)’s mortgage financing policies, and restructuring Fannie Mae and Freddie Mac in a way that ensures the continued availability of affordable home loans.

REBIC and CRRA will continue to engage our federal legislators on these critical issues in the months to come. Thanks to all our Realtor® members who took the time to join us last week to bring the important message of homeownership to our nation’s capitol!

2 Responses

  1. So what did the Legislators say? I’m glad you asked them questions but it would be nice to know what their answers were or if they even bothered to actually answer the question,

    • We were generally told that little, if anything, would actually happen in this Congress. There’s a slim chance that Tax Reform could come up in the lame duck session (post-election), but that no major changes to the federal tax code would likely be considered. There is a slightly better chance of GSE reform being accomplished, but not to the extent of eliminating Fannie or Freddie.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: