WASHINGTON (October 10, 2025) – The National Association of REALTORS® Executive Vice President and Chief Advocacy Officer Shannon McGahn issued the following statement after the United States Senate passed the Renewing Opportunity in the American Dream to Housing Act of 2025 (ROAD to Housing Act) as part of its version of the National Defense Authorization Act (NDAA):
“NAR applauds the Senate for passing this bipartisan legislation that addresses housing supply, affordability and homeownership pathways. At a time when homeownership increasingly feels out of reach, this legislation offers meaningful, pragmatic solutions to restore opportunity for millions of American families. We commend Chair Senator Tim Scott and Ranking Member Senator Elizabeth Warren for their bipartisan leadership on this critical issue. We look forward to working with Congress and the administration to enact this vital legislation and help preserve the American dream of homeownership for future generations.”
The Senate Committee on Banking, Housing, and Urban Affairs previously passed the ROAD to Housing Act unanimously. Senators Scott and Warren offered an amendment to include the bill in the NDAA.
The ROAD to Housing Act includes provisions designed to meet America’s diverse housing needs:
The NDAA now advances to the House, where differences between the House and Senate versions will be resolved.
As America’s largest trade association, the National Association of REALTORS® is involved in all aspects of residential and commercial real estate. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. For free consumer guides about navigating the homebuying and selling transaction processes – from written buyer agreements to negotiating compensation – visit facts.realtor.
Rancho Palos Verdes Realtor Broker Associate Karen Anderson, along with her Real Estate Team, The Prestige Team, has been selling residential real estate in the South Bay, including Rancho Palos Verdes, San Pedro, and far beyond LA County, for over 27 years and is ranked in the top 1% of realtors in Rancho Palos Verdes. We specialize in transforming homes into impeccably presented real estate listings that command top dollar in the shortest amount of time!
Learn more about us below!
The Residential Purchase Agreement is 10 pages of terms and conditions that stipulate every aspect of the purchase, and we know exactly how to use them to your complete advantage!
As experienced Full-Service Realtors, we know how to leverage you buying and bargain power. Whether competing to get your offer accepted or negotiating repairs, our goal is to get you a great deal!
The added benefit of working with The Prestige Team is that one of our Real Estate Professionals is always available to help. No missed opportunities!
Need help with decluttering? Whether you need a few boxes and an extra set of hands, have a house full of items that need to go, we have the resources in place ready to assist with your needs!
Schedule Management is crucial if you have a time frame in mind for the sale of your home. Let us use our experience to ensure every aspect of preparing your home for the market stays on schedule!
The added benefit of working with The Prestige Team is that one of our Real Estate Professionals is always available to help. No missed opportunities!
The San Pedro real estate market in August 2026 showed softer conditions compared with July 2026. Single-family activity recorded 23 closed sales, with median pricing
The Rancho Palos Verdes real estate market in August 2026 showed mixed conditions compared with July 2026. Single-family activity recorded 23 closed sales, with median
Big Things Brewing at the Waterfront in Long Beach The city’s waterside is about to get a major boost: the Long Beach Planning Commission is