LIBOR News Update - January 4th

Prepare Your 2023 Business Plan at LIBOR’s January Learning Social

2023 is certain to be your best year yet with the right tools and planning! Join LIBOR for our latest Learning Social event in Nassau County. FREE for our members. Register now, HERE.

2023 Real Estate Forecast: Market to Regain Normalcy

Even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. Learn more.

NYSAR Mid-Winter Business Meetings Registration Open

Opportunity Awaits at the NYSAR 2023 Mid-Winter Business Meetings! Select committee meetings will be held virtually via Zoom January 23-26, 2023 and in-person meetings, including the NYSAR Board of Directors meeting, will be held February 5-9, 2023 at the Crowne Plaza Albany - The Desmond Hotel in Albany, NY. Click here for hotel information, registration, schedules and more.

New Co-Brandable Resource Available!

Don't let this gem slip through the cracks! Be sure to view and download your free Seller Obligations and Landlord Obligations flyers and protect your clients and colleagues! Available at lirealtor.com/fairhousing.

New Year, New Tech. Save up to 50% off!

Start your new year off frustration-free with a new PC. NAR members, Lenovo offers consumer electronics from top tech brands at great discounts. MyLenovo Rewards members get FREE expedited delivery. For assistance with purchases, call 1-800-426-7235 or shop at www.lenovo.com/NAR.

STRATUS DEMO: Become an MLS Listing Expert

In Person - West Babylon RSC

January 5, 10:00AM - 1:00PM

3 Hrs. CE

Click Here to Register

Use Your REMINE Plan for Lead Generation

January 9, 2:00PM - 4:00PM

2 Hrs. CE

Click Here to Register

Learn Stratus! Search, Share Add Listings

In Person - Riverhead RSC

January 10, 9:00AM - 12:45PM - Day 1

January 17, 9:00AM - 12:45PM - Day 2

7.5 Hrs. CE

Click Here to Register

Implicit Bias/Discrimination: How it is Perceived

January 10, 9:00AM - 12:00PM

3 Hrs. CE

Click Here to Register

Cultural Competency

January 10, 1:00PM - 4:00PM

3 Hrs. CE

Click Here to Register

Best Practices in Sales and Marketing

5 Trends that Defined the 2022 Real Estate Market

Housing was on a roller coaster this year, going from a homebuying frenzy to a standstill. These market dynamics will carry into 2023.

Social Media

Building a Strong Company Presence on LinkedIn

Building a compelling presence on LinkedIn can be a good way to boost brand awareness, writes John Foster, who discusses the value of asking questions, running polls and using appealing visuals.

Home Improvement

6 Ways to Keep Your House Warm and Cozy This Winter (Without Touching the Thermostat)

Whether it’s a snowstorm or just a chilly day, these tips will help you make your home cozier with items you probably already have.

Gov. Hochul Vetoes Bill that Would have Eliminated Tax Break for Coop and Condo Owners

In December, Gov. Kathy Hochul vetoed a bill (S.5946-B/A.3491-B) that sought to eliminate current state law that provides a property tax break to coop and condo owners by lowering their home’s assessment. In her veto message, Governor Hochul stated that many first-time homebuyers rely on the affordability of condos and coops, and approval of the bill could lead to fewer units of housing being built at a time when New York is facing a housing crisis. Learn more.

New Short Term Rental Registry Requirements in NYC Go into Effect January

New York City approved a new measure put forth by Mayor Eric Adams to require Airbnb hosts to register their short-term rentals with the city's database, including proof that the hosts themselves reside there, and that their home abides by local zoning and safety requirements. The new rules go into effect January 9, 2023. Hosts that fail to comply could face $1,000 to $5,000 in penalty fees. The city's Office of Special Enforcement said they expect to see 10,000 listings disappear after the new regulations go into effect. Learn more.

Congress Passes Omnibus Bill with Real Estate Provisions

On December 23, Congress passed the FY 2023 Omnibus spending package, narrowly avoiding a shutdown and funding the federal government through September 30, 2023. The $1.7 trillion spending package includes funding for agency programs and initiatives important to real estate, including:

Reauthorizing the National Flood Insurance Program (NFIP) through September 30, 2023;

$86 million for HUD Fair Housing activities;
$1.5 billion for HUD's HOME Investment Partnership Program, which provides grants to fund housing-related activities;
$85 million for grants to states and localities that remove barriers to the creation and preservation of affordable housing; and
$130 million in new funding for Section 8 Housing Choice Vouchers.

Download a full list of the top real estate-related provisions in the Omnibus bill.