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MID

Realtors® Say Mortgage Interest Deduction Vital to Home Ownership, Economy

Washington, DC - December 1, 2010 - (RealEstateRama) -- The following is a statement by National Association of Realtors® President Ron Phipps. “As the leading advocate for housing and home ownership issues, NAR firmly believes that the mortgage interest deduction (MID) is vital to the stability of the American housing market and economy.

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NAR Forecast: Home Sales Expected to Jump 14% in 2026

Existing-home sales are projected to rise by around 14% in 2026, according to National Association of REALTORS® Chief Economist Lawrence Yun. Yun delivered his 2026 housing outlook today

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