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For Immediate Release: NEW JERSEY REALTORS® PROMOTE IMPORTANCE OF HOMEOWNERSHIPEDISON, N.J. - The American dream of homeownership is something people across the country strive to attain, however is not always achievable for everyone, especially in New Jersey where the average price of an existing single-family home is approximately $380,000. Throughout the month of June, the New Jersey Association of REALTORS® (NJAR®) will help promote National Homeownership Month, along with REALTORS® from across the country, to help make this dream a reality for more people in the Garden State. "As REALTORS® we help people find homes everyday, but there are still thousands who struggle to find a safe, affordable place to live," said NJAR® President Bill Hanley. "Housing is a necessity and must be available for everyone. This is why each year we use National Homeownership Month as a platform to call attention to housing issues in New Jersey and the need to help more people obtain homeownership in our state." NJAR® members take an active role promoting homeownership opportunities by supporting programs and providing resources that help increase safe and affordable housing options for more New Jersey residents. Through its work with Homes for New Jersey, a nonpartisan coalition, NJAR® helps to promote the production, rehabilitation and preservation of homes in environmentally appropriate places. Together the coalition and REALTORS® work with lawmakers to improve public policies and encourage more efficient use of existing resources to provide more homes affordable to families and first-time buyers. Through the New Jersey Association of REALTORS® Housing Opportunity Foundation, Inc., (NJARHOF), a NJAR® Housing Opportunity Resource Guide is available to help home buyers identify different housing programs in New Jersey. The guide is available at no cost and lists contact information for federal, state and local housing assistance programs. NJARHOF is a nonprofit organization that provides funding to organizations throughout the state that offer home buyer education, develop public awareness and create affordable homeownership options. Everyone is encouraged to take a part in Homeownership Month by making a contribution to the foundation. More information about NJARHOF and how to make donations may be found at http://www.njar.com/njarhof.shtml. "Today, there are many young people who were raised in New Jersey, and workers who support our communities who cannot afford to buy a home in our state," added Hanley. "Housing is the foundation of our neighborhoods and the strength of our communities therefore it's essential that the opportunity for homeownership is available for everyone. National Homeownership Month is a great way to draw attention to the importance of providing more people with this opportunity." The New Jersey Association of REALTOR® is a non-profit organization serving the professional needs of approximately 55,000 REALTOR® and REALTOR-ASSOCIATE® members in the state. 2007 marks the association's 90th anniversary year. REALTOR® is a registered collective membership mark which may be used only by real estate professionals who subscribe to the REALTOR® organization's strict Code of Ethics and are members of the national, state and local REALTOR® organizations. For more information, please visit www.njar.com. ###
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