Newsroom

NAR applauds Dr. Calabria's confirmation because he has decades of experience in the housing industry, including time spent as an economist at National Association of Realtors®, and he understands the critical importance of the Federal Housing Finance Agency’s prudent management of America’s housing finance system.

Many participants in hearings in the Senate Banking Committee agreed that our housing finance system would benefit from a utility model that can serve the national market and promote stability in the housing market, particularly during times of economic distress.

One in six Gen Xers purchased a multi-generational home, overtaking younger boomers as the generation most likely to do so; with 52 percent of those Gen X buyers indicating that they did so because their adult children have either moved back or never left home.

NAR is disappointed in the decision, is reviewing this ruling to determine its potential nationwide impact, and vows to continue to fight for more affordable, quality health insurance options for its members.

While NAR believes the GSEs must be transitioned out of conservatorship, this must be done in a responsible manner that will protect taxpayers and retain the Enterprises’ public mission, and these actions must be driven by Congress.