WASHINGTON (October 10, 2013) – Defaulting on the nation’s federal debt could be disastrous for the U.S. economy and catastrophic for the housing recovery, cautioned the National Association of Realtors® today in testimony before the Senate Committee on Banking, Housing and Urban Affairs.

NAR President Gary Thomas called on Congress to raise the debt limit in a timely manner to avoid the consequences of a severe and drawn-… Read More