REALTORS® come out against plan pushing foreclosure-rental

The National Association of REALTORS® says it is against a plan by the Obama administration to put foreclosed properties on the rental market. (WSJ)

A NAR economist said such a program is not needed nationwide, and that buyers are purchasing homes despite the flood of foreclosures coming onto the market.

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About Jon Broadbooks

Jon Broadbooks is Vice President/Communications for Illinois REALTORS®. He serves as editor of online and print content for the association's communications including the Illinois REALTOR® magazine and e-newsletters. He conducts spokesperson training seminars and oversees website development for the Association.

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