NAR Survey Shows HVCC Impacting Housing Markets
An analysis by the National Association of REALTORS® (NAR) indicates that the implementation of the Home Valuation Code of Conduct (HVCC) appears to be having adverse impacts on the housing markets.
In other news, the National Association of REALTORS has initiated a targeted call to action in an effort to build Congressional support for H.R. 3044, the bill to mandate an 18 month moratorium on the HVCC. As of today, July 28, 2009, there are 46 co-sponsors of the legislation. If you are a Florida REALTOR, use THIS LINK to participate in the Call to Action. If you wish to participate and are in another state, surf on over to the NAR Action Center and check out the HVCC Links. Alternatively, contact your Member of Congress and ask them to co-sponsor H.r. 3044.
Keep in mind, Appraiser Active maintains links to the most recent HVCC related documents along the left side of this page.