NAR Seeks To Help Ease The Pain
NAR believes that the regulations currently regulating the real estate market tighten capital requirements more than appropriate considering the risk profile of commercial loans.
More than one local real estate project for condos was shut down this past year due to regulations that botched up their loans. Tight regulations were also responsible for many home contracts going belly up.
NAR has been trying to work with Congress to help ease the regulatory laws that are set with good intentions but instead tighten and increase the strain on the consumer. With a little luck the local real estate market will be up and running again and with a little help from NAR things will be soaring in no time.
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