Letter to the Editor

Realtors take message to DC

Tuesday, May 24, 2016

Several Realtors® and leaders from the Northwest Iowa Regional Board of Realtors® took to Capitol Hill last week to meet with their elected officials as part of the 2016 Realtors® Legislative Meetings & Trade Expo in Washington, D.C.

Nearly 70 individuals from across the state of Iowa took part in the event, which offered an opportunity for senators, representatives and their staff to learn more about important issues facing homeowners and the real estate market and industry.

The Northwest Iowa Regional Board of Realtors® took an active role in the meetings, sitting down with Congressman Steve King and Senator Charles Grassley to discuss real estate issues in the community, as well as challenges and opportunities for homeownership.

"Realtors® know that the work we do is important to strengthening all of northwest Iowa and the Realtors® Legislative Meetings offered a chance to take that message straight to decision-makers on Capitol Hill," said Kathy Miller, broker-owner of Coldwell Banker Premier Realty in Sioux City. "As a former president of the Iowa Association of Realtors® and active member of our local board, I know it's vital for elected officials to hear directly from the people they represent, and we're thankful to Senator Grassley and Congressman King for taking time to learn more about our industry and the people we serve."

At their meetings, representatives from the Northwest Iowa Regional Board of Realtors® honed in on important residential and commercial real estate issues for homeowners and investors across the region, including protecting real estate-related tax provisions like the mortgage interest deduction and 1031 like-kind exchanges, as well as reforming current Federal Housing Administration restrictions on condominium financing.

Realtors® also urged lawmakers to consider additional steps to give responsible borrowers greater access to safe, affordable mortgage credit, whether for first-time homebuyers entering the market or established borrowers moving into a new home.