What’s New

Vermont Joins Effort to Attract Relo Buyers

Several states and cities have been offering relocation buyers financial incentives—including paying off student loan debt—to move there. Now Vermont joins the list. Vermont Gov. Phil Scott signed a bill into law last week that will give certain people who relocate there from another state up to $10,000 to cover moving expenses. The money is part of a grant program …

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The ‘Trifecta’ Holding Up Home Shoppers

Home sales are still on track to eke out a gain in 2018, but buyers are encountering three big obstacles as they shop: Swift price growth, climbing mortgage rates, and low supply of homes for sale. Freddie Mac researchers are calling it a “trifecta” of challenges for home buyers in the first five months of 2018. Nevertheless, researchers say they …

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6 Tips for Keeping Your Marketing Legal

In light of allegations that Facebook enables housing discrimination by allowing real estate advertisers to exclude audiences protected under the Fair Housing Act, here are some tips for making sure your marketing on the social platform is legal and ethical. 1. Never use targeted marketing that excludes a specific protected class on a listing, says NAR’s Deputy General Counsel Lesley …

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NAR Conference Comes to Boston

  REALTORS® Conference & Expo: Ready, Set, Go! This is a rare opportunity to attend the REALTORS® Conference and Expo in our neck of the woods! This year’s conference will be held in Boston on Nov. 2-5! The conference is NAR’s premier event, with hundreds of exhibitors, cutting-edge technology and educational sessions, and a chance to network with REALTOR® professionals …

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Realtor® Statewide Food Drive

NVBR, in partnership with Vermont Realtors® and all of the state’s local Realtor® boards and associations, will participate in a statewide Food Drive from June 18-29! The statewide food drive aims to help food shelves in all areas of Vermont. Food and cash donations collected during the drive will support the communities where they are collected. A full list of …

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NAR REach® Class Introduces Cutting-Edge Tech for Realtors®

Second Century Ventures, the strategic investment arm of the National Association of Realtors®, has selected eight organizations for the 2018 REach® Class, a growth technology accelerator program helping launch companies into the real estate, financial services, banking, home services and insurance industries. The REach program provides early-to mid-stage companies with access to NAR’s industry expertise, influence and key relationships as …

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Inventory Plummets in Lower Price Points

Bargain hunters or those looking to break into the housing market may need to face the reality that finding a home for less than $250,000 is getting tougher and tougher. Homes priced under $100,000 plunged 20.7 percent in March month over month, and the percentage of homes under $250,000 has dropped 7.8 percent, according to the National Association of REALTORS®’ …

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6 Rules for Effective Blog Posts

Many real estate professionals and firms use blogging as a way to capture prospects online through localized real estate content. But how can you get more eyes on your posts? Read More 3 Common Blogging Mistakes to Avoid The Power of Video Blogging Neighborhood Blogs Offer New Way to Reach Buyers AllBusiness, a business marketing and financing resource, recently highlighted …

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Two Ways to Reduce Your Firm’s Liability Risk

You know those classic unsolicited emails from scammers posing as a Nigerian prince or a long-lost cousin? The ones with dreadful grammar, five different fonts, and three type colors? In some ways, we can consider those the good ol’ days of phishing scams, because they were quite easy to identify as false. Today, email scams are much more sophisticated, explained …

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Debt-to-Income Ratios Rising Among Buyers

About one in five conventional mortgage loans issued this winter went to borrowers who spent more than 45 percent of their monthly incomes on their mortgage payment and other debts. This is the highest proportion since the housing crisis, according to CoreLogic, a real estate data firm. Further, that is nearly triple the proportion of such loans issued in 2016 …

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Do Consumers Think That Now is a Good Time to Buy?

New consumer findings from the National Association of Realtors® surprisingly show that while a growing share of households in the first three months of the year feel more confident about the economy and their financial situation, those positive feelings are not translating to positive views that now is a good time to buy a home. That’s according to NAR’s first …

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Home Buyers are Blowing Their Budgets

A recent survey found that buyers are spending more on their home purchase than they intended. A third of homeowners recently surveyed say that they blew through the upper limit of their home purchase budget by an average of $16,510, according to a new survey released by Owners.com of 1,214 Americans who purchased a home in the last four years. A …

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