Members gathered Thursday morning for the EBCBOR annual Midyear meeting. The EBCBOR Leadership team presented latest news and updates on a federal, state, and local level.
Mayors of Tenafly, Dumont, and Fort Lee shared their views on common community issues in Bergen County. The topics of discussion included: property taxes, transportation, and
sign ordinances. The 2016 Good Neighbor Award was given to Robert Russo from Russo Real Estate for his commitment and dedication to his community and the Ed Lucas foundation. The foundation provides hope, opportunity, and independence for the blind and disabled.
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North Jersey casino debate heats up
The operator of the Meadowlands Racetrack clashed Thursday with opponents of the plan to allow two casinos in North Jersey, telling them, "you guys are nuts" to oppose the November ballot proposal that would divert up to $200 million in annual casino tax revenue toward non-gambling development in Atlantic City.
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Rutherford Planning Board forwards scaled-back redevelopment proposal to council
Responding to apprehension expressed by local residents and business owners, the Rutherford Planning Board modified its proposal to designate a nearly two-block neighborhood centered on Agnew Place as area in need of redevelopment.
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Congressional Candidate Josh Gottheimer Announces REALTOR® Support for Campaign
Josh Gottheimer, who is running to represent New Jersey's 5th Congressional District announced support today from the REALTORS® Political Action Committee (RPAC), the political arm of the National Association of REALTORS® and New Jersey REALTORS®. Erin Brown, Chairwoman of the New Jersey REALTORS® PAC, cited Gottheimer's clear passion to work with REALTORS® to ensure that housing remains affordable for all Americans as a key reason for their support.
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Commercial lending hearing in Senate
On Thursday, May 19, the Senate Banking Committee held a hearing on "Improving Communities' and Businesses' Access to Capital and Economic Development." One of the bills discussed at the hearing was H.R. 4620, the Preserving Access to CRE Capital Act (Rep. Hill, R-AR).
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Mortgage rules changed eight months ago. What difference has it made?
The preliminary results are rolling in, and they're mixed. There's strong evidence that average times to close loans are longer than they were under the old rules. Rather than estimating roughly 30 days to final settlement, most realty agents are writing sales contracts with extended closing deadlines.
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2016 Broker Summit Registration
There is still time to register for the 2016 REALTOR Broker Summit!
REALTOR® Broker Summits are designed exclusively for designated broker, and broker owner members to come together and learn from presenters, panels and peer leaders in the industry offering fresh insights on current conditions while looking to the future of real estate. VIEW ALL EVENTS
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YPN Night at the Races Statewide Event
Network with Realtors
®
and industry professionals from around the state while overlooking unbeatable views of the NYC skyline.100% of proceeds will benefit the
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Listing Presentations 2.0: Creating a Winning Formula
All hail the listing presentation! While technology has streamlined and gussied up the real estate transaction over the years, the listing presentation still reigns supreme as a critical component of a real estate agent's success. While certain tried and true factors still play a starring role in the listing presentation - ie, the comparative market analysis, the agent's personality - new components are catching the eye of prospective homeowners and elevating presentations to a new level. READ MORE
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Chinese Investment Plays Increasing Role in U.S. Real Estate, Says New Research Report
Chinese direct investment in U.S. real estate has grown dramatically since 2010, according to a new report compiled by Rosen Consulting Group (RCG) and New York-based Asia Society, a nonprofit education organization. The report, titled "Breaking Ground: Chinese Investment in U.S. Real Estate," provides a comprehensive analysis of Chinese inbound investment in all areas of U.S. real estate.
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Top 10 biggest foreign investors pouring capital into L.A. real estate
Overseas investors and developers have been rushing in to fund the revitalization of Downtown Los Angeles, in addition to buying assets in other locations throughout the county. It's gotten to the point where local players have complained that it's becoming hard to compete with their cold hard cash offers. READ MORE
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The RPR Guide to Working With Buyers
There are several, highly rewarding steps a REALTOR® can take to ensure a successful buyer tour. From complete and accurate preparation, to mapping out the tour, and finally following-up with decision-prompting data, RPR provides everything you need to earn favor among today's well informed consumers.
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