REALTORS® from Fort Wayne Head to Washington in Support of Homeownership

May 17, 2017

People generally know REALTORS® as the local real estate professionals who put their expertise to work helping clients buy and sell homes. But the core of what REALTORS® do is serve their communities, helping people achieve the dream of homeownership and supporting the institutions that make Fort Wayne, Indiana a great place to live.

That mission is front and center this week as nearly one dozen REALTORS® from our community head to Washington, D.C. for the National Association of REALTORS®’ Legislative Meetings & Trade Expo. We will unite as the “voice for real estate” to protect homeownership and commercial real estate incentives that strengthen our neighborhoods and help keep Indiana property markets vibrant.

Members of the Upstate Alliance of REALTORS® (UPSTAR) will use the week to meet with our district’s members of Congress and leaders inside the administration to show their support for the policies that make homeownership possible for millions of Americans. In solidarity, they will reject the tax reform plans that threaten to wipe out the tax incentives of owning a home for 95 percent of American families.

“Despite fewer homes for sale, contract signings are up in Indiana. And so are prices because of the competitive market,” said Kim Ward, Managing Broker of North Eastern Group Realty and 2017 UPSTAR President. “If the current low inventory-high demand situation remains, REALTORS® can expect homebuying to get more expensive going forward. Especially if proposals limiting or repealing tax incentives for homeownership aren’t blocked. It would hurt the housing sector, unfairly harm homeowners, and could cause home values everywhere to plunge.

“We can’t afford another housing crisis, so we must continue to encourage the benefits of homeownership. REALTORS® support tax reform, but gutting the mortgage interest deduction and repealing the deduction for property taxes is the entirely wrong way to go about it,” Ward added.

From defending important tax policies like the mortgage interest deduction to reminding legislators to make flood insurance a priority, REALTORS® are protecting the targeted tax benefits and programs that help consumers purchase what is often their largest asset.

About the Upstate Alliance of REALTORS®
UPSTAR, established in 1913, is the oldest trade association in Allen County. The association is dedicated to serving the professional needs of nearly 1,500 REALTOR® and affiliate members and to promote and protect homeownership and private property rights. For more information about UPSTAR, visit www.UpstarIndiana.com, or call 260.426.4700.


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