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September 22, 2015 non-video
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New York State closed home sales, selling price and pending sales all continued to grow during August, according to the housing market report released Monday by the New York State Association of REALTORS. Closed sales grew by 4.3 percent compared to last August, while the median sales price jumped 7.4 percent and pending sales were up 10.8 percent. Learn more here.
In
its U.S. Foreclosure Market Report for August 2015, RealtyTrac reported that
New York State had 5,658 total foreclosures, a 1.1-percent decrease from July
but a 52.63-percent increase from August 2014. New York State ranks 21 out of
all 50 states in monthly total foreclosure filings. One in every 1,434 housing
units received a foreclosure filing. Learn more here.
Assembly Speaker Carl Heastie said he supports including a prevailing wage requirement in 421-a tax break legislation for developers in exchange for affordable housing construction, but is primarily concerned with getting a deal done by the end of the year when it is set to expire. Negotiations are set to begin in the next few weeks between real estate developers and unions. More on this story can be found here.
Finley Maxson, senior counsel with the National Association of REALTORS, will be presenting "TRID: Changes to the Mortgage Closing Process" during the Legislative Policy Forum at the NYSAR Fall Business Meetings. Maxson will be speaking on Tuesday, Oct. 6, at 8:30 a.m. in the Mohawk room at The Turning Stone Casino and Resort. Come learn about changes to the RESPA/Truth in Lending disclosures, their timing and impact on real estate professionals. The forum is open to all NYSAR members in attendance. Read more here.
Today’s
NYSAR Radio show will preview the 2015 NYSAR Fall Business Meetings. 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.
The third quarter 2015 edition of NYSAR’s Legal Lines is now available online at
NYSAR.com. This edition covers New York State news including the disciplining of
a property manager for multiple violations, a broker violating agency
disclosure law, and advice on how REALTORS can avoid scams. Several key federal
cases including a patent case appeal win for the National Association of
REALTORS and Move, Inc., a Fair Housing Act disparate impact liability case,
and frequently asked questions about drones are also covered. Read the latest
issue here.
Enter NYSAR
Housing Opportunities Foundation’s MacBook Air raffle
Every donation you make to the NYSAR Housing Opportunities Foundation between
now and Oct. 6 will enter you into a raffle for a MacBook Air. Earn one chance
with a $20 donation or three chances with a $50 donation. Make your donation
now at NYSARHousingFoundation.com or while you’re at Turning Stone for the Fall
Business Meetings. The winner will be announced during the NYSAR Board of
Directors meeting on Oct. 7.
Minimize risk and maximize potential at the five-day CIPS
Institute being offered from Sept. 28 to Oct. 2 at the REALTOR Service Center in
Jackson Heights, NY. You will learn the critical aspects of international real
estate transactions including: globalization of economies; international
capital flow; marketing and business planning strategies; roles and
expectations in international transactions; unique business and cultural
practices of multiple countries; and more.
To register, call 800-239-4432 x219. Find more information here.
The Accredited Buyer Representative (ABR) course will be
offered Oct. 1 to 2 at the Long Island REALTOR Service Center in West Babylon, NY.
Become a proficient buyer’s representative, serving with quality, fidelity and
confidence.
Register online today
or call NYSAR at 800-239-4432 x219. Find more information here.
The GRI-5 Buyers course will be offered Oct. 8 at the
Greater Capital Association of REALTORS in Albany, NY. Demonstrate your value
to buyers from listing to closing. Learn strategies to secure more buyer
clients, guide buyers through the process, and assure fair housing law compliance.
This course satisfies the New York State fair housing training requirement.
Register online today or call NYSAR at
800-239-4432 x219. Find more information here.
The enrollment period for NYSAR’s
dental plan will come to an end on Oct. 1! This is your last chance to re-evaluate
your dental and vision coverage. Administered by USI Affinity and now
underwritten by MetLife, the NYSAR dental plan offers: options for a range in
coverage and cost; third straight year of no rate increases; coverage for
individuals and families; freedom to visit any dentist, in or out-of-network;
and coverage for orthodontia.
Through this new partnership with MetLife,
vision coverage is now being offered as a standalone option in addition to
being an optional rider on the dental policy. Visit www.MyREALTORInsurance.com/nysaror call USI Affinity’s dedicated sales representative Ned Cox at 888.834.3713
for more information.
NYSAR’s exclusive partner for
errors and omissions insurance, Pearl Insurance, offers you comprehensive and
affordable coverage customized to fit your needs. Their program, underwritten
by XL Insurance, includes innovative features such as: deductible reduction;
open house coverage; environmental failure to advise; innocent partner
protection; and public relations advisory services.
Submit
your bids for a Tiffany & Co. mini double heart tag pendant in sterling
silver with Tiffany blue enamel finish on a 16" chain necklace. Bidding closes this Friday, Sept. 25. Visit
the RPAC page of NYSAR.com to learn more.
Test your trivia knowledge while raising funds to support RPAC during the RPAC Trivia Night on Monday, Oct. 5, from 7:30-11 p.m. at the Turning Stone Resort & Casino in Verona, NY. In addition to the trivia tournament, there will be live and silent auctions, a selection of your favorite hot pub foods, and a cash bar. Tickets are $50 and available on a first-come, first-served basis.
Register online today to attend NYSAR’s Fall Business Meetings and the RPAC Trivia Night. Or, simply download, complete and return the registration form to NYSAR via fax at 518.462.5474. Questions? Contact Derick King at dking@nysar.com or 518.463.0300 x238.
Congratulations to the Long Island Board on raising more than $5,500 during the first-ever RPAC Art Auction last week! The event featured drinks, food, live entertainment and plenty of fantastic art work from across LI. Thank you all for the generous support.
Congratulations to the Otsego-Delaware Board on raising more than $4,500 for RPAC during the second annual RPAC Wine and More tour! The event featured a chartered bus from Oneonta to the Finger Lakes for tastings at 2 vineyards, a distillery and a brewery along with lunch and plenty of fun in the name of RPAC. Thank you to all who worked so hard to make this event a huge success!
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