NAR Blasts FCC on Net Neutrality

Dec 15, 2017

The National Association of Realtors (NAR) has become the first housing-focused trade organization to voice its opposition to yesterday’s 3-2 vote by the Federal Communications Commission (FCC) to repeal the net neutrality rules that have been in place since 2015.

In expressing its disappointment, the trade group argued that consumers would negatively impacted “from downgraded services across the Internet,” while small businesses would be financially hobbled in paying for new Internet access fees, thus potentially losing customers to faster Web sites.

“The Internet as we know it today is a fair and open platform that puts everyone on a level playing field,” said NAR President Elizabeth Mendenhall, CEO of RE/MAX Boone Realty in Columbia, Mo. “FCC’s rollback of the Open Internet Order will mean higher costs and slower service for millions of American consumers and businesses. Realtors have strong concerns about what that might mean for the way consumers search for homes online and real estate is transacted.”

About the author

Phil Hall

Link copied

Published

Dec 15, 2017

Analysis and Data

Homebuying Excitement Is Up Among Veterans

Survey results indicate optimism about housing market among U.S. veterans and service members

Our nation’s heroes are increasingly optimistic about buying homes, new research indicates. The amount of veterans and service members who plan to purchase a home in the next six months was up by 15 percentage points year-over-year, according to the Veterans Homebuying Re...

Diversity & Inclusion

NAF Releases New White Paper On Empowering Diverse Communities

Addressing the racial homeownership gap and recommending industry-wide solutions

The overall homeownership rate across the US stands at 66%, with notable differences among racial and ethnic groups. New American Funding (NAF), the largest Latina-owned mortgage company in the U.S., is taking steps to close that homeownership gap by addressing systemic obst...