What’s New

IRS Announces 2015 Retirement Plan Contribution Limits

The Internal Revenue Service has announced cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2015. Many of the pension plan limitations will change for 2015 because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. However, other limitations will remain unchanged because the increase in the index did not …

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QRM Rule Opens More Doors for Consumers

The mortgage-financing environment for households could improve as a result of a rule federal regulators put in place Tuesday. The Federal Deposit Insurance Corporation is the first of six financial regulators to release the final version of the long-awaited qualified residential mortgage (QRM) rule, which stems from the big 2010 banking reform bill the federal government enacted after the financial …

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3 Industry Trends to Watch This Fall

The housing market is expected to heat up this fall, despite buyers showing greater signs of being conservative in their home purchases. Bankrate.com recently highlighted some of the following trends to watch this fall in the nation’s real estate market: 1. An overall pick up in housing activity. Low inventories of homes for sale in many markets have been blamed …

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Ello, the Latest Social Network? Plus, Social Networking Field Guide

Every junior high kid seems to have a Facebook page. Why should you, a real estate professional? Learn about social networking websites, see how other real estate agents have embraced social networking to increase their presence on the Internet to attract more clients, learn about the variety of social networking websites and much more. Ello: The Latest Trend Meet Ello, …

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VT Real Estate Commission Considering Designated Agency

The Vermont Real Estate Commission will host a public meeting at 12 noon on Thursday, October 23 to take public comment on the DRAFT Administrative Rules for the profession.  Proposed changes to the Administrative Rules include required changes resulting from new statutes that went into effect July 1, 2014.  Among these include an increase in required continuing education for brokers …

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Millennials and the American Dream

Based on a report released by The Demand Institute, Millennials and Their Homes: Still Seeking the American Dream: In the next five years, 8.3 million new millennial (Gen Y) households will form. It is predicted that millennials will spend $1.6 trillion on home purchases and $600 billion on rent. The generation is optimistic: 79% expect their financial situation to improve …

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Six Emerging Design Trends

What home-design trends will likely catch on in new construction? Builder Online recently spoke to Mollie Carmichael, principal at John Burns Real Estate Consulting, and Nick Lehnert, executive director at architecture firm KTGY, about the design trends that are gaining popularity in the new-home market this year: Private space Baby boomers, empty nesters, and Gen Yers are showing a preference …

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The Voice for Real Estate 7: Debt Cancellation, FHA Prepayment Penalty

Featured Segments: NAR hopes to get mortgage cancellation relief extended in the last weeks of the congressional session NAR scores a win as FHA agrees to stop allowing lenders to charge interest–a kind of prepayment penalty–when borrowers pay off their FHA backed loan before the end of the month It’s easier than you think to run afoul of copyright laws …

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The Safety Talk You Need to Have With Clients

Have you had the safety talk with your clients yet? It’s not only for their safety but for yours too. It’s a conversation far too many real estate professionals omit from their discussions with home sellers and buyers. September is REALTOR® Safety Month, and most real estate safety information mostly centers on how to keep you safe when meeting new …

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Securing Prescription Drugs During Open Houses

Securing prescription drugs during open houses is a precaution all REALTORS® need to remind sellers to prioritize during the selling process since they will be inviting the general public into their home to view it. There is big money to be made in the sale of certain prescription drugs, and open houses are among the easiest ways for individuals to …

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The Voice for Real Estate 6

The Voice For Real Estate is NAR’s bi-weekly roundup of the news that affects the industry and your business. Featured Segments: HUD and NAR host live webcast on FHA Commercial real estate on upswing Existing-home sales at 10-month high

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Field Guide to Remodeling Highlights Values to Sellers

Your client’s house looks pretty good, but you know there are opportunities to drive increased value to the home with a few pre-sale renovations. And the biggest return on home improvement investment may not reside in kitchens and bathrooms; rather, they may come from a new deck addition or basement remodel instead. These are just a few new pieces of …

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