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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

Pending Home Sales Waned 4.6% in January

Pending home sales pulled back 4.6% in January according to the National Association of REALTORS®. The Midwest, South and West experienced month-over-month losses in transactions – with the most significant drop in the South – while the Northeast saw a

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