Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
NAR Ready to Fight for Homeownership Future

ORLANDO, FL -- (Marketwire) -- 11/09/12 -- The next few years will be pivotal for the future of homeownership in this country, according to 2013 National Association of Realtors® President Gary Thomas in a news conference today during the 2012 Realtor® Conference and Expo.

"For most of this nation's history, homeownership has been an investment in our collective futures," said Thomas, broker-owner of Evergreen Realty in Villa Park, Calif. "Realtors® know our country faces some tough choices ahead, but we also understand the vital role that real estate plays in both the long- and short-term health of this nation. Our country's continued commitment to homeownership is part of what has made us strong; I think Franklin Delano Roosevelt said it best -- 'A nation of homeowners is unconquerable.'"

In 2013, Thomas explained, Congress is expected to focus on tax policy and reform to address the federal debt. As policymakers struggle to balance federal spending and revenue, programs and benefits that encourage homeownership may be affected. One popular and effective incentive is the mortgage interest deduction.

"Last year, NAR secured 183 bipartisan cosponsors for a House resolution that emphasized continued support for the current federal income tax deduction for mortgage interest, and we will continue to work with members of Congress on the consumer's behalf on this issue," said Thomas. "Normally, nearly nine out of 10 home buyers must borrow money to buy a home. Tax benefits like the MID help hard-working families begin building their future through homeownership. And encouraging homeownership has been shown to strengthen families, communities and our nation's economy."

Realtors® are also concerned about the availability of affordable financing. NAR continues to advocate a broad definition for the Qualified Residential Mortgage rule; under a narrowly defined QRM, borrowers with less than 20 percent down would have to choose between higher fees and rates, up to 3 percentage points more, or a 9-14 year delay while they save for the necessary down payment, according to NAR research.

"Realtors® advocate a responsible, sustainable model for homeownership," said Thomas. "Saving the necessary down payment has always been the principal obstacle for first-time home buyers. Strong evidence shows that responsible lending standards and ensuring a borrower's ability to repay have the greatest impact on reducing lender risk, and not high down payments."

NAR research has shown that tight credit continues to hold back home sales, as well. According to the most recent Realtors® Confidence Index, more than 50 percent of loans in September went to borrowers with credit scores above 740. In comparison, only 41 percent of loans backed by Fannie Mae had FICO scores above 740 during 2001 to 2004 -- a time of normal residential real estate markets -- while 43 percent of Freddie Mac-backed loans were above 740. NAR economists estimate that an additional 500,000-700,000 home sales could be made if credit conditions returned to normal.

"The issue right now isn't whether someone chooses to rent or buy today; it's whether they'll be able to become homeowners in the future," said Thomas. "As the leading advocate for homeownership and real estate issues, NAR is ready to engage. Realtors® are fully committed to ensuring that anyone who is able and willing to assume the responsibilities of owning a home has the opportunity to pursue that dream."

The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.

Information about NAR is available at www.realtor.org. This and other news releases are posted in the "News, Blogs and Video" tab on the website.

For further information contact:
Stephanie Singer
202-383-1050
Email Contact

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Cloud Developer Stories
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 year...
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used...
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Mart...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more s...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE