REALTORS® to Host Housing Summit

Tania Kegyes, 2011 President, Lorain County Association of REALTORS®

Tania Kegyes 2011 LoCAR President

As the leading advocate for homeownership, the National Association of Realtors® will host a summit of policy makers, industry leaders and government stake holders to develop strategies to help stabilize and revitalize the nation's housing market and economy.

"Homeownership is an investment in your future, strengthens our communities, and is integral to our nation's economy," said NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I. "Our goal is to develop solutions and recommendations for Congress and the administration so that they can develop strong housing policies to stabilize the nation's housing market and lead the country out of today's economic struggles."

The event is scheduled to take place early in October in Washington, D.C. While planning is still underway, NAR expects that Realtor® leaders will join legislators, government officials, business leaders, top industry executives, and economists to design a housing recovery plan that will address today's critical homeownership, mortgage finance and real estate investment challenges.

A housing recovery is key to America's economic strength, and NAR wants to make sure that any proposed legislation and regulatory rules or changes to current programs and incentives help address industry issues and don't further exacerbate problems within the fragile real estate industry.

"To move the real estate market and economy forward there needs to be a broad discussion among all stakeholders about what needs to be done to reshape real estate in America and put the country back on the right track," said Phipps. "We look forward to delivering valuable recommendations and solutions to promote home ownership and restore the nation's housing industry and economy."

Additional details about the housing summit will be posted in the coming weeks at www.realtor.org.

The Lorain County Association of REALTORS® is one of more than 1,200 local boards and associations of REALTORS® nationwide that comprise the National Association of REALTORS®. The National Association of REALTORS®, "The Voice for Real Estate," is America's largest trade association, representing more than one million members involved in all aspects of the residential and commercial real estate industries.

The Lorain County Association of REALTORS® offers a website that provides a complete listing of REALTOR® real estate brokerages in Lorain County, contact information for REALTOR® members, and industry associates. If you are a first time homebuyer or a repeat buyer consider www.MyNewCommunity.net or www.LoCAR.org as a good source for Lorain County REALTOR® information.

REALTOR® is a registered collective membership mark which may be used only by real estate professionals who are members of the National Association of REALTORS® and subscribe to its strict Code of Ethics. Not all real estate sales agents are REALTORS®. All REALTORS® are members of NAR along with their State and Local Associations.