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2017 REALTORS® of Distinction Awards Nominations Now Open

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NVBR is pleased to announce the nomination process for the 2017 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® ... Read More »

May 2017 Market Statistics

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The Northwestern Vermont Board of REALTORS® (NVBR) has released its market statistics for May 2017. The information is derived from data contained in the New England Real Estate Network and covers Chittenden, Franklin and Grand Isle Counties. Changes for May over last year at this time include: New Listings were up 24.9 percent for Single Family homes but decreased 9.5 ... Read More »

Renewable Energy Incentives Available to Vermonters

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Vermont’s Renewable Energy Resource Center provides consumers with information on the economic and environmental benefits of renewable energy. The RERC administers renewable energy incentives for the Clean Energy Development Fund. Funds are currently available for Advanced Wood Heating Systems (central wood pellet and wood chip). Most residential customers can benefit from the flat-rate incentive of $3,000. Incentives are also available ... Read More »

NAR Releases One-Page Summary of Study on Tax Reform

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The National Association of REALTORS® (NAR) engaged PwC to review the impacts of an illustrative comprehensive tax reform option that would lower and consolidate marginal tax rates to three rates with a top rate of 33 percent, double the standard deduction, eliminate all itemized deductions other than charitable contributions and mortgage interest, eliminate the Alternative Minimum Tax, and cap the ... Read More »

New Heating Tank Fuel Rules Take Effect July 1

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Vermont’s Aboveground Storage Tank (AST) rules regulate the design and installation of heating oil tanks. They also provide spill prevention and inspection requirements for both tank owners and fuel suppliers. A Vermont law passed in 2016 requires tanks to be removed during natural gas conversions. The Department of Environmental Conservation is also required to develop training and certification standards for oilheat tank inspections. The ... Read More »

NAR Urges Congress to Protect Homeowners Under Tax Reform

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NAR President-elect Elizabeth Mendenhall was on Capitol Hill to reinforce REALTORS’ position that any tax reform must protect, not hurt, homeowners. NAR has concerns with the Administration’s proposal because it would hurt homeowners by taking away more deductions than would be offset by the increase in the standard deduction. Also, NAR legal and sustainability staff explain the opportunities and hurdles ... Read More »

Don’t Be a Cybercrime Statistic

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Apart from digging a hole in your back yard, throwing your computer in, dousing it with gasoline, and lighting it on fire, there’s no foolproof way to protect yourself from cybercrime, said National Association of REALTORS® Associate Counsel Jessica Edgerton. Since few if any brokers and agents would work without a computer or smartphone, industry pros need to address the ... Read More »

Carson: Homeownership is Foundation of Wealth

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“Homeownership serves as the foundation of wealth for most American families.” ̶ HUD Secretary Ben Carson In Support of the Dream HUD Secretary Ben Carson at the Regulatory Issues Forum. Photo credit: Jon Boughtin Responsible homeownership plays a crucial role as an engine of economic growth and in the financial well-being of U.S. households, Housing and Urban Development Secretary Ben ... Read More »

7 Things Agents Should Do After Closing

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A woman in her mid 60s inherited enough cash to purchase her first home. She had $80,000; however, it’s difficult to find a house for that price in her home town of Nashville. Enter William Willoughby, broker-owner at Music City Group Real Estate in Nashville, who came through for this buyer by finding a little HUD home that needed a ... Read More »

Tax Plan Could Hurt Homeowners

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The tax plan released by the Trump Administration puts the real estate industry at the center of the debate over how to make the country’s tax code simpler, fairer, and better at generating economic growth in the United States. For that reason, it’s important for real estate professionals to dig below the surface to see how the plan could change ... Read More »

Buyers Grow More Confident About Housing

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You may need to do less convincing to get home shoppers to make their move in the housing market. Fannie Mae’s Home Purchase Sentiment Index rose 2.2 percentage points in April, with five of six components rising that measure confidence in buying, employment, household incomes, financing, and more. The share of Americans who say now is a good time to ... Read More »

NVBR Member Meeting, Class and Affiliate Fair

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  Join NVBR for the our quarterly Membership Meeting. Highlights of the meeting will include an Affiliate Fair, Realtor updates on programs and benefits, member recognition and time to catch up with colleagues. There will be fun give-aways and plenty of food and beverage. Support our Affiliate Members by attending this great networking event! The Membership meeting will be preceded ... Read More »

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