Changes in Congress and Real Estate

The state level and Congressional midterm elections this November will be important for real estate. Both residential and commercial real estate are still struggling, just like the rest of the economy. And many candidates have their eyes on real estate.

After the elections, Congress is will examine issues with Fannie Mae and Freddie Mac loans. Flood insurance changes are still pending. FHA loan modifications are still pending. And Congress will be debating on what to do about both the federal budget deficit and taxes. Certainly, whatever action they take on taxes and budget cuts could effect the real estate market. The stakes for all homeowners are high and your vote will be important in the coming months. Please make sure you're registered to vote.  [where: 75230]