Flood Insurance

The National Flood Insurance Program expired on June 1, leaving homeowners without access to reasonably-priced flood insurance. The National Association of Realtors begged Congress for months to extend the NFIP, to no avail. This means buyers have been unable to buy houses in the flood plain for over three weeks.

The National Association of Mutual Insurance Companies estimates that due to Congress's inaction, about 1,200 real estate transactions requiring flood insurance fail to close every day in our country.

You might think any one who builds their house in a river bottom shouldn't be able to sell it anyway, but this affects a lot more people than you may think. Much of Central Tucson requires flood insurance, including parts of Winterhaven, Sam Hughes, Broadmoor, north and south of U of A, Casas Lindas and many other seemingly high and dry locations.

Way to put the brakes on the housing market recovery, Congress.