When one thinks of a rally to raise awareness, Realtors® aren't the first group to pop into mind, and yet, an estimated 10,000 Realtors® converged on the grounds of the Washington Monument, in Washington D.C., to represent homeowners and aspiring homeowners from across the US, giving them a voice through the Realtor® Rally, a ‘Rally to protect the American dream.’
Realtors® from every state in the country made their presence known, and invited members of Congress to demonstrate their commitment to preserving access to homeownership and robust real estate investment.
National Association of Realtors® President Moe Veissi, broker-owner of Veissi & Associates Inc., in Miami said, “Realtors® know that homeownership is an investment in our collective futures, and we’re here today to protect the American Dream of homeownership.”
Realtors® are working to assist individuals who want to own a home or invest in real estate; during this economic hardship it is especially important that they continue to have the opportunity to do that, and with the Realtor Rally, people are being made aware of the support they have from Realtors® throughout the country.
Realtors® advocate better access to affordable financing, reform of the secondary mortgage market, improved liquidity in residential and commercial lending, and preservation of the tax benefits associated with homeownership.
Sen. Johnny Isakson (R-Ga.) and Rep. Steny Hoyer (D-Md.) addressed the crowd of Realtors® at the event.
“I commend the National Association of Realtors® for keeping the issue of homeownership at the forefront when we talk about our economic recovery,” said Rep. Hoyer. “Stabilizing the housing market remains a central issue for Democrats, who understand we will not have robust economic growth without a vibrant housing market and that access to homeownership remains a critical component of the American Dream.”
The rally was part of NAR’s week-long Midyear Legislative Meetings, during which Realtors® and guests meet with members of Congress, federal regulators and industry experts to address pressing real estate issues and public policies in support of private property rights, homeownership and housing issues.