Local Officials Raise Concerns Over Rail Safety at Bergenfield Forum
Local officials met with a New Jersey congressman to learn about what the federal government is doing to resolve railroad safety fears amid the rise in transporting volatile substances through densely populated suburban communities in Bergen County.
Teaneck Council Discusses Ways to Clarify Building Process
The Teaneck Council has begun to explore ways to distribute information to the public regarding the building process for residential and commercial property owners as a means to take their needs into consideration and clear up any confusion they may have about the process.
INDUSTRY NEWS
Where Millennials Won't Leave the Nest
Nearly a third of all U.S. millennials still live with their parents. But in some states, the trend is particularly paramount. According to their research, young adults in New Jersey may be having the toughest time moving out of their parents' home.
Starter homes: Low Supply Meets Low Demand?
Across the country, the low inventory of homes for sale has dominated housing headlines, limiting stronger sales growth while fueling large price gains and ultimately feeding into the problem of declining affordability.
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Why We Can't Compromise on the Mortgage Interest Deduction
Housing is the engine that drives this economy, and to even mention reducing the tax benefits of homeownership could endanger property values. Home prices, particularly in high cost areas, could decline 11 percent if the mortgage interest deduction were repealed.
Existing FHA Condo Rules Extended
On August 24, 2016 HUD extended their existing temporary guidance on condos, without the changes brought about in HR 3700. HUD continues to work on the regulatory guidance to implement the new law, but their existing guidance was set to expire.
The Presidential Elections are just around the corner! Registration deadline is
October 18.
NOT REGISTERED? Stop by the EBCBOR office to pick up a Registration Card.
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GLOBAL PERSPECTIVES
New Immigration Proposal Would Benefit Foreign Investors in US Startups
U.S. immigration officials are proposing a new program that would allow some foreign investors to receive temporary residency in this country In an announcement Friday, U.S. Citizenship and Immigration Services said the proposed program would benefit foreign nationals who have already invested in a U.S. startup.
NEWS YOU COULD USE
Common Practices That Put You in Danger
These habits may be standard operating procedures when you're in the field, but they raise your risk of being attacked if you're with a sketchy prospective client. Here are some safety items to keep in mind the next time you're at a showing or making arrangements with clients.
Real estate is a people business, and unfortunately, dealing with people can be dangerous. Agents need to make their safety a priority, because not every brokerage will do it for them.
According to a report from NAR, a survey of members found that 40 percent have experienced situations during work that made them fear for their personal safety.
AFFILIATE PARTNERS
Eastern Bergen County Board of REALTORS | 201.288.5000 [email protected]
