April 30, 2016
INDUSTRY NEWS
Renters are more worried about housing costs than homeowners

A recent Gallup survey has found that American renters are almost twice as likely to worry about not being able to pay their housing costs as homeowners. Overall 33 percent of Americans are very or moderately worried about paying their rent, mortgage or other housing costs.READ MORE 
Gallup poll finds most Americans believe real estate is the best investment

In 2016, 35% of Americans chose real estate as the best investment choice, compared to 19% in 2011, according to the survey. Real estate beat out other top investment choices such as stocks and mutual funds with 22%, gold with 17%, savings accounts and CDs with 15% and bonds with 7%. READ MORE
INDUSTRY EVENTS
REALTOR® Broker Summit Keynote Speakers Announced! 
Don't miss this exclusive, high-powered event covering the most timely issues and trends for brokers. Joining the program as featured keynotes are Adam Savage, co-host of the hit Discovery Channel show
MythBusters, and Olympic gold medal gymnast Mary Lou Retton. REGISTER NOW
Real Estate Success Rocks Conference
Join  400 of the top agents in North America for what many say is the  best real estate conference of the year.  Timely content from industry leaders, excellent networking opportunities, and a great environment to learn, grow and have fun.
CLICK HERE To register with the discounted rate, NO PROMO code necessary. Early bird conference registration deadline is April 31st.  
EBCBOR IN THE NEWS

EBCBOR's Community Service  mentoring moms' initiative featured on NorthJersey.com

The Eastern Bergen County Board of Realtors' (EBCBOR) Community Service Committee collected cleaning supplies and toiletries to give to Bergen Volunteer Center's Mentoring Moms initiative "Clean Homes, Clean Families". READ MORE 

EBCBOR's Young Professionals featured on Bergen.com

Over 100 members and affiliates gathered together on Thursday for the Eastern Bergen County Board of REALTORS (EBCBOR) Young Professionals Network (YPN) Sunset Mixer at Garden State Ale House in East Rutherford. This networking event was sponsored by Peter Aziz and Associates, LLC. and Freedom Mortgage. Steven Lartiga from Rosa Realty and Moe Sankar from Modern Realty were the evening's door prize winners. VIEW MORE
LOCAL NEWS
Fort Lee OKs school budget with tax increase

The school board on Monday unanimously approved a 2016-17 budget that includes a $58.3 million tax levy, which will increase taxes by $147 for the owner of a home assessed at the district average of $457,221. The majority of that increase is caused by debt service that has ballooned to $4.5 million this year, up $1.7 million from last year. READ MORE
LEGISLATIVE NEWS
Flood Insurance Legislation Promises Flexibility for Consumers 

Property owners who opt to purchase flood insurance in the private market rather than through the National Flood Insurance Program may do so under current rules, but they risk paying higher rates if they return to the NFIP. H.R. 2901, the "Flood Insurance Market Parity and Modernization Act," passed the U.S. House of Representatives today by a vote of 419-0 and seeks to alleviate that concern. READ MORE 
In order to vote in New Jersey's primary election on June 7, you must be registered by May 17.
 To vote in the General Election on November 8, you must be registered by October 18.
NOT REGISTERED?
Stop by the EBCBOR office to pick up a Registration Card. Available in 3 Languages.
N.J. lawmakers call on Christie to sign Port Authority reform bill

 Lawmakers from New York and New Jersey called on Governor Christie Wednesday to sign a bill that would give both legislatures greater oversight of the Port Authority. The bill would require officials with the bi-state agency to appear before the state legislatures in New York and New Jersey up to twice a year. READ MORE 
GLOBAL PERSPECTIVES
$1 trillion to enter global real estate markets in 2016

Global real estate investors remain strongly expansionary in 2016, with more than US$1 trillion of planned expenditures anticipated to enter global real estate markets-6% higher than in 2015, according to the CBRE Global Investor Intentions Survey 2016. READ MORE

Cooling luxury property market may get icier thanks to 'dirty money' crackdown

Years of high-priced deals fueled by an international jet set with seemingly limitless supplies of cash appear to be coming to an end amid a crackdown on murky foreign ownership and property investments that could freeze an already cooling market. READ MORE

TECH TIPS
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Eastern Bergen County Board of REALTORS | 201.288.5000 | [email protected]