Earlier this month, leaders from Boise Regional REALTORS® (BRR) traveled to Washington, D.C. to meet with U.S. Senators Michael Crapo and James Risch, and U.S. Representatives Raul Labrador and Michael Simpson, to discuss pressing housing and property rights issues as part of the National Association of REALTORS® 2016 Legislative Meetings.
Photo Caption: Idaho REALTORS® Meet with Sen. Jim Risch in Washington, D.C.
Photo Source: Idaho REALTORS®
“It is imperative to connect with our lawmakers to ensure they understand the issues that face the real estate industry, markets and their constituents — many of whom are home and property owners. REALTORS® are on the ground every day fighting for home and property owners in their communities, and we demonstrated we will do the same here in our nation’s Capitol with our elected officials,” said Boise Regional REALTORS® President Carey Farmer, who attended the meetings. “Supporting homeowners and property owners through smart legislation is so important for families, communities and the nation’s economy, so we will continue to work with lawmakers to ensure they are protected.”
Photo Caption: Idaho REALTORS® at Meeting with Sen. Mike Simpson in Washington, D.C.
Photo Source: Idaho REALTORS®
The group from BRR was among the nearly 9,000 REALTORS® from across the country who attended the meetings. During visits to the Hill, REALTORS® urged their Senators and Representatives to preserve current real estate-related tax policies; extend the Mortgage Forgiveness Tax Relief Act, which prevents distressed homeowners from receiving excessive income tax bills on forgiven home loan debt; reform key Federal Housing Administration (FHA) condo rules; and, ensure Fannie Mae and Freddie Mac mortgage guarantee fees are not extended, increased, or diverted to unrelated government spending.
“Congress is considering legislation that will have a very real impact on the industry, market and buyers and sellers, so it is important our elected officials hear from us,” said Farmer. “Through the voice and strength of the REALTOR® Party, we made it clear where we stand on key issues that affect home and property buyers, sellers and investors right here in the Boise region. That’s the benefit of coming together and speaking with one voice to our nation’s lawmakers.”
Additional information on the federal and local advocacy priorities of the REALTORS® Associations are available here: