The U.S. House of Representatives recently passed a bill that includes a 4-month extension of the National Flood Insurance Program. The program will continue without any changes to how it operates and will be set to expire again on November 30. We will avoid any immediate disruptions to the real estate market due to a lapsed NFIP, but will face the same situation again.
We’re not out of the woods yet though, the Senate needs to pass their version before it can become law. So if you haven’t taken action yet, please do it today and join over 105,000 of your fellow Realtors in letting your voice be heard!