U.S. Mayors Rally Behind Realtor.com® Let America Build Campaign
Rhea-AI Summary
Realtor.com (NASDAQ:NWSA) has received significant support for its Let America Build campaign from the U.S. Conference of Mayors, who passed a bipartisan best practice policy statement endorsing the initiative. The campaign, launched at SXSW in Austin, Texas, aims to address America's critical housing supply shortage and affordability crisis.
According to Realtor.com's 2025 analysis, the U.S. faces a shortage of nearly 4 million homes. The campaign advocates for removing regulatory barriers, eliminating restrictive zoning, and modernizing outdated regulations that impede new home construction. The initiative has gained support from key industry leaders including the National Association of REALTORS® and the National Association of Home Builders (NAHB).
The policy statement, introduced by Austin Mayor Kirk Watson and approved during the organization's annual meeting in Tampa, Florida, recognizes nationwide housing affordability challenges and calls for modernizing housing policies and reducing barriers to construction.
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National campaign to unlock housing supply and improve affordability gains bipartisan support from mayors across the country
"Mayors are on the frontlines of the housing crisis, and we applaud the
The statement, introduced by
"Homeownership was the American dream, but it's become an impossible dream for too many people – especially young people, who want the same opportunities to make a life previous generations had," said Mayor Kirk Watson of
Realtor.com® launched Let America Build to advocate for bold solutions that cut through red tape, eliminate restrictive zoning, and modernize outdated regulations that slow or block new home construction. The initiative calls on lawmakers at all levels to make pro-housing choices that unlock supply and promote affordability – including exploring options such as freeing up underutilized federal land for residential development.
"The National Association of REALTORS® is dedicated to putting the American Dream of homeownership within reach for everyone. We applaud the Let America Build campaign's work to highlight the urgent need for action – both locally and nationally – to solve our country's housing supply and affordability crisis," said NAR 2025 President Kevin Sears. "It will take collaboration across all levels of government and with partners in the public, private, and nonprofit sectors to advance lasting solutions."
The
"The housing crisis demands bold, local action, and the National Association of Home Builders (NAHB) commends mayors nationwide for prioritizing housing supply and affordability," said Jim Tobin, NAHB President and CEO. "We stand ready to work with local leaders to remove barriers and build the homes we need for all Americans."
This marks another major milestone for Let America Build, which launched earlier this year at SXSW in
About Realtor.com®
Realtor.com® pioneered online real estate and has been at the forefront for over 25 years, connecting buyers, sellers, and renters with trusted insights, professional guidance and powerful tools to help them find their perfect home. Recognized as the No. 1 site trusted by real estate professionals, Realtor.com® is a valued partner, delivering consumer connections and a robust suite of marketing tools to support business growth. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc.
Media Contact: Sara Wiskerchen, press@realtor.com
View original content:https://www.prnewswire.com/news-releases/us-mayors-rally-behind-realtorcom-let-america-build-campaign-302494070.html
SOURCE Realtor.com