Realtors® Urge Long-term Flood Insurance Reform as Congress Passes Stopgap Extension

Washington, DC – October 5, 2011 – (RealEstateRama) — The following is a statement by National Association of Realtors® President Ron Phipps. “The National Association of Realtors® is pleased that a continuing resolution passed by Congress today included a short-term extension of the National Flood Insurance Program, but still believes a longer term extension is needed to ensure access to affordable flood insurance for millions of homeowners.