Categorized | JAX Briefs

Local realtor attends national conference, meets with legislators

Carol Hill, president of the Northeast Florida Association of Realtors (NEFAR) and senior vice president of Carol Hill 2010.smallPrudential Network Realty, joined more than 8,000 realtors in Washington, D.C., last week to help reshape the real estate industry at the National Association of Realtors (NAR) 2010 Midyear Legislative Meetings & Trade Expo.  Hill also met with lawmakers on Capitol Hill to urge action concerning some of the industry’s most challenging issues.

“As leading advocates for homeownership and housing issues, realtors are working on the national, state and local levels to help reshape real estate in America,” Hill said.  “We’re focused on issues that have a direct impact on the health and stability of not only the real estate market, but also the economy as a whole.”

This year’s meetings focused on public policy and included a three-day real estate summit, Realtors on the Rise: Stabilizing the U.S. Mortgage Finance Delivery System.  The summit examined strategies and solutions for responding to today’s critical homeownership and mortgage finance challenges.  Federal Housing Administration (FHA) commissioner David Stevens gave the opening address, emphasizing the fundamental role FHA played in helping stabilize the nation’s housing market.  Stevens went on to discuss the market’s recovery, but warned of challenges ahead, advocating reform of FHA and the U.S. mortgage finance system.

While she was in Washington, Hill met with Rep. Andrew Crenshaw, Sen. Bill Nelson and Rep. John Mica on Capitol Hill to urge action on NAR’s legislative and regulatory goals. Among the challenges realtors addressed were increasing access to affordable property insurance, enhancing liquidity in the commercial market, supporting FHA, reforming government-sponsored enterprises Fannie Mae and Freddie Mac, and making higher loan limits for FHA and GSE loans permanent.

Leave a Reply