RISMEDIA, January 22, 2009-Following the inauguration of President Barack Obama, National Association of Realtors(R) President Charles McMillan issued this statement:
“Today is truly an historic day for our country. On behalf of NAR’s 1.2 million Realtors(R), we welcome the new president and his administration, and pledge to work with him to stabilize the U.S. housing market and set the economy on the road to recovery.
“President Obama has pledged to work with Congress to immediately implement aggressive policies to decrease the number of preventable foreclosures by helping to reduce mortgage payments for responsible homeowners. We welcome President Obama’s efforts on foreclosure prevention and agree that addressing rising foreclosures and strengthening existing home sales and housing initiatives are critical components to a housing and economic recovery.
“NAR will also continue to focus on policies that will help bring buyers back to the market to reduce inventory and stabilize home prices. This is the only way to successfully improve and sustain the housing market and the nation’s economy.
“The president has a tough job ahead of him with many hurdles. NAR looks forward to working with President Obama and his team, and to quickly move forward with meaningful legislation and policies to help make homeownership once again a part of the great American dream.”
For more information, visit http://www.realtor.org/
Copyright© 2016 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.
Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com