NAR continues to be a leading voice in shaping housing policy at the federal level. Last week, NAR representatives took part in a bipartisan congressional panel focused on housing affordability. They emphasized the critical role REALTORS® play in expanding access to homeownership and ensuring that policy decisions reflect the real needs of our communities.

Among the highlights:

• Lower income tax rates preserved for brokers and independent contractors
• 199A small business deduction retained
• Mortgage interest deduction maintained, keeping buyers in the market
• SALT deduction cap increased, supporting markets in high-tax areas
• 1031 exchanges protected for continued investment activity
• Estate tax threshold increased, allowing clients to pass down property
• Affordable housing tax credits expanded, encouraging new inventory
• Opportunity Zones strengthened for investment and development
• Child tax credit increased, freeing up income for family housing costs

What It Means for REALTORS® in Pierce County

These policy wins help protect commission income, encourage homeownership, and create more business opportunities at every level. Locally, TPCAR continues to fight for smart growth policies, housing supply expansion, and fair taxation. These efforts are directly supported by your RPAC investments.

Your involvement is making an impact, and these national and local victories show what is possible when REALTORS® stay engaged.