The National Association of REALTORS® has issued a Call For Action regarding Congressional re-authorization of the National Flood Insurance Program. NAR, Florida REALTORS®, and ORRA are encouraging all REALTORS® to take action now.
Florida's REALTORS® and real estate market stand to lose the most if Congress does not reauthorize the program:
- Florida has more NFIP policies than any other state (4 out of every 10 NFIP policies are in Florida).
- Nearly every Florida REALTOR® either sells property or lives in a flood zone in Florida.
- Without flood insurance home sales can't close, and our communities are unprotected and at risk.
- Without the NFIP, 40,000 residential transactions a month nationwide will not happen.
Visit the NAR Call for Action website page for this issue, and take action today!