The New York State housing market posted a strong sales
total of nearly 11,000 homes in August, despite a decline of more than 9
percent from the exceptional August 2013 mark, according to the housing market
report released by the New York State Association of REALTORS. The statewide
median sales price posted a slight increase from a year ago to reach $239,000.
Click here to learn more.
Builder confidence in the market for newly-built,
single-family homes rose for a fourth consecutive month in September to a level
of 59 on the National Association of Home Builders (NAHB)/Wells Fargo Housing
Market Index (HMI). This latest four-point gain brings the index to its highest
reading since November of 2005.
Builder confidence also rose across every region
of the country in September. The Northeast posted a three-point gain to 41. To
read the entire NAHB press release, click here.
Two
New York State Association of REALTORS members are finalists for the National
Association of REALTORS’ Good Neighbor Awards! Help Robert Fitzsimmons, Staten
Island, NY and Dorothy Gokey, Clinton, NY get the recognition they deserve for
their good works, and help them win a grant to advance their efforts. Voting is
open until September 30. Click here to vote today!
Dig
your old cell phones out of your desk drawers and bring them with you to
Turning Stone! The Young Professionals Network will be collecting cell phones
to be donated to domestic violence centers across the state during the NYSAR
Fall Business Meetings, September 28-October 1.
This year, the collection has a twist - each region will be competing to see
who can collect the most. The collection from each region will be taken back by
a representative to be donated locally. The region that collects the most
phones will be spotlighted in a future issue of New York State REALTOR magazine. Click here for more information. If you are not attending the business meetings
but would still like to donate, please contact the team leader in your area.
Justices in the Appellate Division of the New York State
Supreme Court denied a request from Protect the Adirondacks to bring its claims
against the Adirondack Club & Resort development to the Court of Appeals.
Click here to learn more.
Poll results in congressional districts 1, 4, 11, 18
and 24 have recently been released by Siena College/ Newsday/News 12. To view the results, click here.
On
Tuesday, September 16, the House of Representatives passed H.R. 5461, a
compendium of legislation that had already passed the House that includes H.R.
3211, the Mortgage Choice Act, which addresses discrimination in the
calculation of fees and points in the Qualified Mortgage Rule. H.R. 3211
passed the House in June of 2014 by voice vote. The bipartisan legislation is
designed to present the Senate with a package of widely agreed upon reforms
that it can vote on before the end of the 113th Congress. The legislation
passed 326-97. It now moves on to the Senate where it is hoped it will be acted
upon quickly due to its broad base of support.
The Consumer Financial Protection Bureau (CFPB) and
Federal Reserve will be hosting another webinar on the implementation of
changes to the Real Estate Settlement Procedures Act (RESPA) and the Truth in
Lending Act (TILA) on Wednesday, October 1, at 2 p.m. In addition to major
changes to the loan disclosure and closing forms themselves, the new rules will
require that the settlement statement be completed three days prior to closing.
The new forms and rules go into effect less than one year from now. This
webinar is part of the process of answering questions and concerns relating to
implementation. All those with an interest in disclosures, the closing
process, and RESPA/TILA should sign up and listen in.
Register for the webinar by clicking
here.
Today’s
NYSAR Radio show will preview the upcoming NYSAR Fall Business Meetings and
features NYSAR Director of Government Affairs Mike Kelly. 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.
Click here for more information as well as a
list of links to play NYSAR Radio from any of your mobile devices.
The
NYSAR Housing Opportunities Foundation will be raffling off a prize worth more
than $1,200! The winner will enjoy a two-night stay at The Lodge at Turning
Stone as well as a complimentary round of golf for two or spa treatments at
Skana worth $210. And to top it off, the winner will receive a $200 American
Express gift card to use during their stay. The winner will be announced during the Board
of Directors meeting at the Fall Business Meetings. A special thanks to our
generous sponsor, The Turning Stone Resort and Casino. Some restrictions apply. Enter between now and September 30. Click here for a flyer with full details.
The New York State Association of REALTORS’ Fall Business
Meetings will open this Sunday, September 28 at the Turning Stone Resort &
Casino in Verona, NY. NYSAR encourages all members to participate as many of
the sessions do not require official committee service. Online pre-registration
closes tomorrow, Wednesday, September 24.
For more information or to register for the
meetings, click here.
The
At Home With Diversity (AHWD) course will be offered October 1 at the Hudson
Gateway Association of REALTORS in White Plains, NY. This course will teach you
how to research the demographic make-up of your
local market; gain an understanding of the needs of your constituencies; and
provide equal and ethical services to meet or exceed expectations of your
customers and clients. This course satisfies New York State license renewal
requirement for Fair Housing training.
Click here for more information or to register.
REALTOR Institute 407 –
"Building Your Real Estate Practice" – will be offered October 2 at the Hudson
Gateway Association of REALTORS in West Nyack, NY. This course will cover
business plans, recordkeeping and tax considerations for independent
contractors, and managing priorities. This course also covers fiduciary duties,
the latest negotiating strategies and enhancing your services.
Click here for more
information or to register.
Take advantage of NYSAR Member
Perks partner Taxbot to keep more of your commissions through tax deductions!
The Taxbot mobile app offers you the ability to track business mileage and
expenses with your iPhone or Android smartphone or tablet, and turn those expenses
into IRS compliant tax deductions. Click here to learn more.
To listen to a recent webinar by Taxbot on tax
tips for travel, medical and auto deductions, click here.
Energy
Plus ® is leaving its mark on the energy industry through its special cash back
rewards program. Enroll your home with Energy Plus ® and receive 3 percent cash
back and a $25 enrollment bonus after two months of active service, and 5
percent cash back and a $50 bonus for a business account. Enrolling with Energy
Plus ® is easy and there are no monthly service fees, cancellation fees, or
long-term commitments. Stop missing out on what you deserve and start earning
cash back rewards. Click here to
enroll today.
RPAC
of New York is hosting the "LOL Stand-Up Comedy Night" fundraising event on
Monday, September 29, from 7:30-11 p.m. during the NYSAR Fall Business Meetings
at the Turning Stone Resort & Casino in Verona, NY. Enjoy a night of
comedy, a ventriloquist, and live and silent auctions - all in the name of
RPAC! Tickets cost $50 each and will be sold on a first-come, first-served
basis. Click here to view a flyer about the event.
Register online to attend NYSAR’s Fall Business Meetings and the RPAC fundraising event today.
Or, simply download, complete and return the registration form to NYSAR via fax
or mail.
Today
is the deadline to alert NYSAR about an auction item donation to be featured in
RPAC’s "LOL Stand-Up Comedy Night" fundraising event. If local boards or
individual members would like to donate auction items, please contact Derick
King at dking@nysar.com or
518-463-0300 x238 with a description of the item and the valueby close of business today, Tuesday, September
23. Local boards and individual members will receive RPAC credit for
auction item donations!
After
a very competitive bidding war, Linda Lugo submitted the highest bid of $550
for the September RPAC auction item, the Coach bag! Thank you Linda for your
long-standing commitment to RPAC at the Major Investor Sterling R level and for
your leadership to NYSAR as Secretary/Treasurer.
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