Great news in the real estate industry for both buyers and sellers. Just today the US Senate voted to approve the Homeowner Flood Insurance Affordability Act which provides a 4 year timeout on flood insurance rate increases for properties affected by the sale or flood map changes to previously grandfathered properties. Next the bill goes to the House which REALTORS are mostly confident that we will have enough votes to get this bill through. For more information read up at the National Association of REALTORS site at