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Student Debt Delaying Millennial Homeownership by 7 Years

WASHINGTON (September 18, 2017) – Despite being in the prime years to buy their first home, an overwhelming majority of millennials with student debt currently do not own a home and believe this debt is to blame for what they typically expect to be a seven-year delay from buying.

This is according to a new joint study on millennial student loan debt released today by the National Association of Realtors® and nonprofit American Student Assistance®. The survey additionally revealed that student debt is holding back millennials from financial... Read More

Pam Patenaude Right Choice for HUD Deputy Secretary, Say Realtors®

WASHINGTON (September 14, 2017) – The U.S. Senate today approved the nomination of Pam Patenaude as deputy secretary at the Department of Housing and Urban Development. Following is a statement from NAR President William E. Brown on the vote:

“Pam Patenaude is the right choice for deputy secretary, and Realtors® are pleased to see her nomination win approval from the Senate.

“She has a big task ahead. Home prices continue to rise in an environment of ever-tightening mortgage credit, which means buyers are struggling to keep pace. That... Read More

Homeownership a Common Interest, Deserves Protection in Tax Reform Debate

Iona Harrison (pictured center), chair of NAR’s Federal Taxation Committee, testifies before the Senate Finance Committee on tax reform. 

WASHINGTON (September 14, 2017) – Tax reform done right could yield savings and simplification that benefits average Americans, but history shows that misguided reforms can pose significant threats to the economy.

That’s the message the National Association of REALTORS® brought to Congress today as Iona Harrison, chair of NAR’s Federal Taxation Committee,... Read More

© 2017 South Padre Island Board of Realtors All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Real estate listings held by brokerage firms other than are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-09-20.

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Texas Real Estate Commission Information About Brokerage Services
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https://storage.googleapis.com/idx-acnt-gs.ihouseprd.com/AR479818/file_manager/Information_About_Brokerage_Services_2016.pdf

Texas Real Estate Commission Consumer Protection Notice
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http://www.trec.state.tx.us/pdf/forms/Miscellaneous/CN1-2.pdf
 

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