Realtors trying to help the market recovery. Let me know your opinion of this.

Realtors(R) to Reinvigorate Efforts Toward Real Estate and Economic Recovery


WASHINGTON, DC -- (Marketwire) -- 05/10/10 -- The National Association of Realtors® is bringing together legislators, public policy makers and industry leaders this week to develop strategies and solutions for addressing ongoing challenges in the real estate market as the Realtors® Midyear Legislative Meetings & Trade Expo begins.

Three days of the meetings, May 11-13, will be devoted to a summit, Realtors® On the Rise: Stabilizing the U.S. Mortgage Finance Delivery System.

"As leading advocates for homeownership, housing issues and private property rights, Realtors® know that the industry must address important issues related to mortgage financing and commercial credit if the real estate markets and larger economy are to truly recover and stabilize," said NAR President Vicki Cox Golder, owner of Vicki L. Cox & Associates in Tucson, Ariz. "We understand how important our industry is to the health of the economy as a whole, which is why we're devoting much of our midyear meetings this year to reshaping real estate in America."

Realtors® from across the country will join Federal Housing Administration Commissioner David Stevens; U.S. Treasury Assistant Secretary for Financial Institutions Michael Barr, Mark Zandi, chief economist and co-founder of Moody's Economy.com; Diane Swonk, senior managing director and chief economist with Mesirow Financial; and political strategists Edward W. Gillespie and Terry McAuliffe in sessions throughout the week. Various government agencies, academic institutions and organizations will also participate, including representatives from the U.S. Department of Housing and Urban Development, U.S. Department of the Treasury, Federal Home Loan Bank of New York, Harvard University, and the American Securitization Forum.

More than 7,000 Realtors® are expected to attend. During the week, they will also meet with legislators on Capitol Hill to urge action toward stabilizing the U.S. mortgage finance delivery system, strengthening housing stability, and improving liquidity for the commercial real estate market.



The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1.1 million members involved in all aspects of the residential and commercial real estate industries.

Information about NAR is available at www.realtor.org. News releases are posted in the Web site's "News Media" section in the NAR Media Center.

REALTOR® is a registered collective membership mark which may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and subscribe to its strict Code of Ethics. Not all real estate agents are REALTORS®. All REALTORS® are members of NAR.











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