Dear C.A.R. Member:
The past few weeks have been very favorable for home buyers, our profession, and the real estate industry. President Obama on Friday signed a bill extending and expanding the federal tax credit for home buyers through April 30, 2010, and on Oct. 30 signed a resolution extending the current limits for Fannie Mae, Freddie Mac, and FHA loans through the end of next year.
These successes were a teaching moment for us all on the impact we can make in Washington when we unite behind a common cause. We called for action, and you delivered. California REALTORS® placed nearly 25,000 calls or e-mails to their congressional representatives, urging them to extend and expand the home buyer tax credit. Passage of legislation critical to our profession also underscored the importance of being politically involved, at the local, state, and national levels. It’s why I’ve been personally involved in our Association’s advocacy efforts for many years, and why I back up my commitment with an annual contribution to the REALTOR® Action Fund.
Continue reading: November 2009 Message from C.A.R. President James Liptak

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