E-News
New York State Association of REALTORS
April 19, 2016
REALTOR NEWS
In
its U.S. Foreclosure Market Report for the 2016 first quarter, RealtyTrac Inc.
reported New York State ranked 16 out of all 50 states for quarterly total
foreclosure filings. New York had 16,525 total foreclosure filings in the first
quarter, with 6,667 of them happening in the month of March. Learn more here.
Builder
confidence in the market for newly-built single-family homes remained unchanged
in April at a level of 58, according to the National Association of Home
Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Northeast fell two
points to 44 in April.To read the entire NAHB press release, click here.
GOVERNMENT AFFAIRS
NYSAR’s
annual Lobby Day is Tuesday, May 24, 2016 in Albany. Contact Government Affairs
Director Mike Kelly at mkelly@nysar.com to RSVP. This year, we will be advocating for a statewide first-time homebuyer
savings account program,
among other legislative
priorities. For those traveling to Albany the day prior, a block of
rooms at the new Renaissance
Albany Hotel, located across the street from the New York State
Capitol Building, has been set aside until April 23. The rate is $179. To
reserve a room, call 518-992-2500 and use our room block code SAR, or enter the
online group code: SARSARA. NYSAR will reimburse up to $75 per person for
travel expenses to Albany for Lobby Day. NYSAR also reimburses local boards
half the cost to lease mass transportation to Lobby Day. NYSAR will provide
breakfast, lunch, lobbying orientation and lobbying materials.
In
addition to the presidential primary election, voters on Long Island and Lower
East Side Manhattan will decide who will replace convicted former leaders Dean
Skelos and Sheldon Silver. Republican Chis McGrath is running against Democrat
Todd Kaminsky for Skelos’ Long Island Senate seat. Democrat Alice Cancel is
facing Working Families candidate Yuh-Line Niou and Republican Lester Chang for
Silver’s Manhattan Assembly seat. More on this can be found here.
The National Flood Insurance Program (NFIP) is set to
expire in September 2017, and according to NAR, the stakes are high for
reauthorization. The program lapsed twice between 2008 and 2012, and as many as
40,000 home sales stalled every month as a result. Another lapse would
represent a significant challenge to consumers and the housing market. In an op-ed,
NAR President Tom Salomone announced joint principles for reform of the NFIP.
More on this story can be found here.
Stay
up-to-date on NYSAR Government Affairs news and events by following us on Facebook and Twitter.
LEGAL
Today’s
NYSAR Radio show will cover the topic of Fair Housing in honor of April being
Fair Housing Month. Tune in at 10 a.m. this morning on your PC or Mac by using
the player on the NYSAR Radio page. You will need to be logged in to listen. If
you have not yet created your account with the website, you will need to click
on "New User" on the Member Login page and follow the prompts. Find
more information as well as a list of links to play NYSAR Radio from any of
your mobile devices here.
Mandatory Code of Ethics training (formerly known as
the Quadrennial Code of Ethics training) must be completed by Dec. 31 of this
year. Members are advised not to wait until the last
minute to take the Code of Ethics training. Failure to complete the training by
Dec. 31 will result in your local board/association suspending your membership
on Jan. 1, 2017 until the requirement is met. Any member who has not met the
requirement by March 1, 2017 will be automatically terminated. Learn more here.
UPCOMING EVENTS
The
GRI-7 Property course will be offered on April 25 at the High Peaks Resort in
Lake Placid, NY. Learn about all the factors impacting value and close more
deals. Discover the myriad elements that affect property value including: types
of housing; appraisals and inspections; neighborhoods and amenities; energy
efficiency and environmental issues; lender requirements; and more.
Register online today or call 800-239-4432 x219. Click here for more information.
The
GRI-6 Sellers course will be offered on April 26 at the High Peaks Resort in
Lake Placid, NY. Represent seller clients in a way that keeps them coming back.
Get a competitive advantage with strategies to: gain more listings; get clients
to price to sell; enhance your marketing; and avoid Fair Housing violations and
safety concerns.
Register
online today or
call 800-239-4432 x219. Click here for more information.
MEMBER PERKS
NYSAR's
partnership with UPS gives you access to exclusive shipping discounts – up to
30 percent! Enroll today to start saving on every package you send. Visit www.savewithups.com/nysar or call 800-325-7000 to enroll.
NYSAR’s insurance plan administrator, USI
Affinity, will do the legwork for you to find the best policy to suit your
needs and budget. They will shop the market for you, leverage their size and
tap into their nationwide provider relationships to get you the best plans and
rates possible. Plus, by bundling your auto
and homeowners insurance, you can save up to 30 percent a year. Visit www.myrealtorinsurance.com/nysar to learn more.
RPAC
The
April RPAC auction item is a pair of New York Mets tickets for Saturday, May
21, at 4:10 p.m. against the Brewers. Seats are located in the Excelsior Level,
Section 311. The auction closes Monday, April 25. Visit the RPAC Facebook group to place a bid or contact Derick
King at dking@nysar.com or 518-463-0300 x238.
Local
boards are busy planning spring RPAC events including LIBOR’s Day at the Races
and Jefferson-Lewis/WCR’s Paint & Sip. A calendar of local board RPAC
events is displayed on the RPAC page of NYSAR.com. Click here to view the
calendar.
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