U.S. lawmakers in both the House and the Senate have come forward with NAR-backed credit-score disclosure bills. Also, Clinton vetoes a NAR-backed bill and the IRS clarifies entertainment allowance for brokers.
The Republican Party platform contains key NAR-backed planks, including protection for online data such as listings and maintaining a balanced environmental policy that keeps growth decisions at the local level.
NAR and Homestore.com have announced plans to develop a system that enables all parties to a transaction--principals, salespeople, service providers--to process and track their deal electronically from start to finish.
Federal agencies and a U.S. District Court in New York are divided on when lead-based paint disclosure rules went into effect. Also: Forbes puts us on top of the Web and Northern states have been the top magnet states for two years in a row.
The country’s long economic expansion owes at least as much to home equity wealth as it does to stock gains, U.S. Federal Reserve Chairman Alan Greenspan says. Also, a complaint line is launched, gains exacerbate affordability problems, condo are sales up, and the increase in FHA mortgage limits has paid off.