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Realtors Volunteer for National Rebuilding Day!
EBCBOR members participated in a community project with Rebuilding Together Bergen County last Saturday. Members volunteered to prep, paint, and refurbish the home of a local Englewood resident. The volunteer team was led by Hilda Williams, Community Service & Outreach Chair, Arlene Cohn, Co-Chair, Lisa Fox & Donna Brown, volunteer coordinators.Thank you to U.S. representative for NJ's 9th Congressional District, Bill Pascrell, Jr. for stopping by to speak to our members, and to all our volunteers for taking time out of their busy schedules to give back to the community!
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Bergen County YPN Hosts Annual Sunset Mixer!
EBCBOR Members, Realtors and Industry Professionals across north and central Jersey attended EBCBOR's YPN Sunset Mixer at Whiskey Bar & Bistro in Lyndhurst, NJ this past Thursday. Members and Industry professionals enjoyed an evening of business and networking. Thank you to our sponsors: Absolute Home Mortgage, The Cadre Law Firm and Town Title Agency for their support!
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Pending Home Sales Move Up 0.4 Percent in March
Pending home sales inched higher for the second consecutive month in March, but unrelenting inventory constraints once again kept overall activity below year ago levels, according to the National Association of RealtorsĀ®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, inched up 0.4 percent to 107.6 in March from a downwardly revised 107.2 in February.
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The Cost of GSE Reform
A new analysis by Zillow determined that proposed reforms to the GSEs, Fannie Mae and Freddie Mac, may increase monthly payments for borrowers by up to $400 a month. The changes being considered by Congress are intended to reduce taxpayer risk in the event of another market crash.
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Do You Speak Residential or Commercial?
Successful residential brokers and agents rely on an in-depth understanding of negotiation and contract nuances, laws, HOAs, inspections, schools, and the local housing market to provide their clients with optimal service. They are fluent in the language of home sales. That's also why it's imperative that residential experts think twice before participating in commercial deals. Whatever the specialty, if a REALTORĀ® isn't fluent in a particular language, it can be detrimental to the clients and their own long-term success.
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Amateur vs. Pro Photos: See the Difference
Poor lighting, crooked lines, and awkward angles make listing photos look amateurish. But just how big of a difference do these flubs make? Photography pros share "good" and "bad" images that exemplify the rules of high-quality photos, along with tips for capturing the perfect picture.
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