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EBCBOR Care Foundation Host It's Annual Award Luncheon
The EBCBOR REALTORS Care Foundation awarded grants to fund projects helping residents in need in Bergen County at their annual luncheon on Thursday afternoon. Congratulations to all ten recipients: Alliance Against Homelessness, Center for Food Action, Center for Hope and Safety, Family Promise of Bergen County, Greater Bergen Community Action, Inc., Spectrum for Living, Bergen Volunteer Center, Women's Rights Information Center, Rebuilding Together & Youth Consultation Services.
CLICK HERE TO VIEW IMAGES
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Realtor & Industry Professionals Get in the Holiday Spirit at YPN's Ugly Sweater Toy Drive!
YPN hosted their first Ugly Sweater Holiday Toy Drive Thursday evening the Park & Orchard in East Rutherford. Over 75 Realtors and Industry professionals came out to support Toys for Tots and bring cheer to children in Bergen County through their generous donations. Thanks to our affiliate sponsors who helped make this event a success: BerCo Aerial, Main Street Title, Chase, Reliable Van & Storage, Liberty Mutual Insurance, and Justin Christodoro, Esq., and congrats to the two lucky winners for wearing the Ugliest, Ugly Sweaters!
CLICK HERE TO VIEW IMAGES
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Housing Continues to Progress, Still 'Room for Improvement'
Housing markets in the U.S. overall continue to progress, supporting the best year in home sales in a decade, as indicated by Freddie Mac's Multi-Indicator Market Index® (MiMi) value, which stands at 86-a market on the "outer edge of its historic benchmark range of housing activity." The MiMi value, which has climbed back up 45 percent since its all-time low in 2010, is still trailing its high of 121.7.
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Trump Names Quicken Loans Executive to HUD Transition Team
While speculation continues to surround President-Elect Donald Trump's nomination of Ben Carson to the post of Department of Housing and Urban Development (HUD) secretary, two more members of Trump's HUD transition team have been named: Shawn Krause, executive vice president of Government Advocacy for Quicken Loans, and Jimmy Kemp, son of former HUD Secretary Jack Kemp.
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FHA 2017 Loan Limits
On Dec. 1, 2016, the Federal Housing Administration (FHA) released its 2017 Loan Limits. In high-cost areas the FHA national loan limit "ceiling" will increase to $636,150 from $625,500. The "ceiling is set at 150 percent of the national conforming limit of $424,100, which increased from $417,000 this year and was the first increase in the national conforming limit since 2006.
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IRS Clarifies Debt Tax Relief
The Internal Revenue Service announced this week procedures designed to aid as many homeowners as possible who are facing the year-end expiration of a tax provision that excludes from income mortgage debt forgiven in connection with the Principal Reduction Modification Program (PRMP) and the Home Affordable Modification Program (HAMP).
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What a Global Investor Expect in 2017
Interest of international capital entities for U.S. multifamily communities has been growing constantly, peaking at $150 billion in 2015, according to Blake Okland, vice chairman & head of U.S. multifamily at ARA Newmark. While the numbers for this year have not been added up, analysts are looking ahead to 2017. Predictions show even more interest from global investors towards residential assets on U.S. soil.
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Circle of Excellence Applications Deadline is Jan. 13th!
Completed applications (transactions, payments & proof) are due in hard copy form at your local board by close of business day. January 13, 2017. No exceptions.
Please email [email protected] with any questions or concerns.
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The Ultimate Holiday Gift Guide for Real Estate Clients
From homemade to store-bought, the best ideas from readers about what to give. All year long, real estate agents are exhorted to stay top-of-mind with their clients, and then comes December, when the competition for consumer attention is fierce.
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Stop Mispronouncing These Real Estate Words!
Several real estate words - particularly surrounding design and architecture - are frequently mispronounced or misused. Make sure you don't look like an amateur by saying them incorrectly too. Linguists say when selling pricier homes, you may be even more likely to say a word incorrectly because of the more sophisticated descriptions and less familiar terms that are often required.
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Time is Running Out! Take Your CE Classes Online Today.
We're down to the wire! Members of the National Association of REALTORS® are required to take a Code of Ethics course every four years, and we have what they need! Previously known as the NAR Quadrennial Requirement, be sure your agents complete their Ethics course by 12/31/16.
CLICK HERE TO REGISTER!
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This Month's RPR Online Workshops!
There's something for everyone in this month's line-up of RPR workshops for Residential and Commercial practitioners, as well as Brokers/Owners. Check them out for tools and techniques that will enhance every aspect of your real estate business.
CLICK HERE TO REGISTER!
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Gain Leads Out of the Gate...and Get to Them in Record Time
Webinar:
Wednesday, December 4th at
3 p.m. ET
Generating quality leads is fundamental to your business, but in today's instant gratification society, success isn't just about getting good leads-it's about how fast you're responding to those leads, as well. This month's Free ACE webinar will help you effectively fill your lead funnel and solve the response-time dilemma. CLICK HERE TO REGISTER!
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EBCBOR MEMBERS GET AN EXCLUSIVE 25% DISCOUNT ON ACE!
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