NAR Calls for NFIP Extension Ahead of Expiration

The National Association of REALTORS® (NAR) is calling for a “short-term extension” of the National Flood Insurance Program (NFIP), which is set to expire September 30. The extension will allow for continued work on the 21st Century Flood Reform Act. “The country has been here before, and we know what happens if the National Flood […]

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Flood Insurance Critical for a Vibrant Housing Market

Each year, the federal government spends billions of dollars on disaster relief to flood victims—all at taxpayer expense. While floods claim more lives and property than any other natural disaster, it’s important to note that flood disasters have been declared in every state in the past five years alone. Floods are not only coastal issues, […]

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NAR President: Reauthorize National Flood Insurance Program

The National Flood Insurance Program (NFIP) will expire in six months, on September 30. The National Association of REALTORS® (NAR) recently issued a statement by NAR President Bill Brown urging Congress to reauthorize the program: “When the NFIP expired in 2010, over 1,300 home sales were disrupted every day as a result. That’s over 40,000 […]

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