As you may or may not be aware, our National Flood Insurance Program (NFIP) is tied to the Continuing Resolution in Washington DC, which means that it is set to expire on Friday, March 23, 2018.  Last year the National Association of Realtors® supported and the House of Representatives passed HR 2874, the 21st Century Flood Reform Act.  The Senate has yet to act on it.  It is my understanding that are two bills with bi-partisan support in the Senate which are not all that far apart, however, that does not mean we are any closer to getting anything passed.  If this program is to lapse, it means that any home purchase where the buyer needs flood insurance, will be held off until there is passage or extension of the current NFIP program.  It also means that if your current NFIP policy comes up for renewal, you will not be able to renew it.  The lack of stability in this program has created so much uncertainty for home buyers and sellers, that the values of waterfront homes and homes that require flood insurance, remain stagnant.  If this program lapses there is a potential loss of 40,000 home sales each month. You should reach out for both Senator Menendez and Senator Booker and let them know how you feel about this.  Your opinion does matter.