What’s New

NVBR Food Drive a Huge Success

Thank you to everyone who donated to the NVBR food drive this year! NVBR delivered 161 pounds of food to Aunt Dot’s Place in Essex because of you! This year’s food drive was part of the Vermont Association of Realtors® statewide food drive. Food donations throughout the state supported food shelves in local communities served by each board of Realtors®.  

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Will Baby Boomer Sell-Off Ignite Housing Crisis?

Downsizing baby boomers who are leaving homeownership behind may send shock waves throughout the real estate market, two new studies warn. “Homeownership demand from younger generations is insufficient to fill the void left by multitudes of departing older owners,” according to Fannie Mae’s Economic Strategic Research group. A separate study by the Stephen S. Fuller Institute at George Mason University …

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NAR Applauds Senate Passage of Flood Insurance Extension

NAR President Elizabeth Mendenhall released the following statement after today’s U.S. Senate vote on legislation extending flood insurance funding. The bill, which cleared the House last week, is expected to be signed into law by the President before tonight’s midnight deadline. “We applaud lawmakers for taking this needed action to prevent disruptions to closings in thousands of communities across the …

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FHFA Ends Effort on Credit Scoring Overhaul

The Federal Housing Finance Agency announced this week that it is suspending an initiative to update the credit score model used by government-sponsored enterprises Fannie Mae and Freddie Mac. That initiative would have potentially helped to provide millions of creditworthy Americans who have been unable to be scored with a credit score and a path toward homeownership. The FHFA, Fannie …

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No More Missed Connections at Open Houses

Many real estate professionals focus their marketing efforts heavily on social media, blogs, and SEO. But even in a world where more relationships begin online, face time with prospects and clients is your ultimate goal—and holding an open house is an effective means to this end. Still, depending on the level of foot traffic, it’s difficult to find time for …

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NVBR’s Burgers and Beer a Big Success

NVBR’s Burgers and Beer a Big Success NVBR’s annual Burgers and Beer event was another big hit! Thanks to those who attended the July 17 event at the St. John’s Club. The event raised $2,00 to support NVBR’s Charitable Giving Program! Thanks again to our incredible sponsors! New England Federal Credit Union Vermont Mortgage Company Movement Mortgage Bauer Gravel Farnham …

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Picture Perfect Marketing with Pinterest

As the Great Recession took hold in 2008, Debe Maxwell, CRS, broker and leader of the Maxwell House Group at RE/MAX Executive in Charlotte, N.C., made it a point to vary her skillset. She wanted to make sure she stayed on top of marketing trends and was using all possible means of exposure. At the time, her use of social …

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Home Tours are Happening Through Video Calls

The majority of home shoppers will want to see a place in person before they buy, but some house hunters are increasingly relying on video call tours—through Apple’s FaceTime, for example—to shop for a home, The New York Times reports. About 20 percent of buyers said they submitted an offer on a home without visiting it first, according to a …

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2018 Realtors® of Distinction Award Nominations Now Open

NVBR is pleased to announce the nomination process for the 2018 REALTORS® of Distinction Awards. Our Association has many deserving individuals who are leaders in the real estate community and have given their generous time for the betterment of the industry. Awards nomination forms are now available online. To submit a nomination, please click the appropriate awards category below: Realtor® …

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Condo Buyers Could Get Fast, Automated Appraisals

Consumers who buy a condo or refinance an existing condo mortgage may be eligible to bypass an in-person appraisal and have a faster automated appraisal, Freddie Mac recently announced. Freddie Mac’s automated collateral evaluation appraisal waiver gives eligible borrowers of mortgages for condos the opportunity to save on the traditional appraisal. Borrowers could save about $500 on appraisal fees and …

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This Buyer Group (Not Millennials) Has Doubled

Single women over the age of 55 have been the fastest-growing demographic of home buyers when compared with other categories of buyers since 1981, according to U.S. Census Bureau data. Married couples are the largest group of buyers, and single women the next largest group. In 2017, single older women comprised 8.2 percent of all home buyers—double the percentage of …

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When and How Much Should You Water Your Lawn?

For green, vibrant grass, it is essential for homeowners to learn about aerating, seeding, and watering their lawns to keep the curb appeal intact, according to realtor.com®’s Lawn Lover’s Guide. “When you don’t give your lawn enough water, it grows with shallow roots,” says Don Botts, the president of Quality All-Care Services in Bonner Springs, Kan. “This can stunt the growth of your grass …

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