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Boom or Bust for Spring Homebuying?

By |2019-03-14T13:09:55+00:00March 14th, 2019|NAR|

Home prices reached an all-time high in most markets in 2018. Homeowners benefited greatly as a result, with their overall net wealth rising by a cool $1 trillion. A typical homeowner’s wealth is estimated to have reached $254,000 while that of a typical renter stood at only $5,000.  Looking ahead, home values are poised to [...]

Is That Email Really From NAR? How to Know

By |2019-03-14T10:52:14+00:00March 14th, 2019|NAR|

Once in a while you might get an email that looks like it’s from NAR but really isn’t. Like so many other phishing scams, these emails try to look like they’re official correspondence from a trusted source so they can get one of two things from you: personal data or credit card info. How do [...]

State and Local Tax Deduction (SALT): The Impact by State

By |2019-03-13T09:46:32+00:00March 13th, 2019|NAR|

The state and local tax (SALT) deduction allows taxpayers to deduct state and local tax payments on their federal tax returns. The new tax law, called the Tax Cuts and Jobs Act, instituted a cap on the SALT deduction. Starting from the 2018 tax year, the maximum SALT deduction that taxpayers are able to claim [...]

SCR + zipForm® Training Webinar Calendar

By |2019-03-12T15:16:34+00:00March 12th, 2019|Uncategorized|

zipLogix Webinar Series - Registration Links April 11, 2019 SCR Webinar: zipTMS: The Power of Transaction Management Register now May 9, 2019 SCR Webinar: zipLogix Digital Ink®: Digitally Sign In No Time Register now June 6, 2019 SCR Webinar: zipForm® Plus: Power Up Your Business from Start to Finish Register now July 11, 2019 SCR [...]

Potential Considerations for Advertising Using Enhanced/Altered Images

By |2019-03-12T13:40:05+00:00March 12th, 2019|Legal FAQs|

New technology to alter/enhance listing photograph images is becoming less expensive and easier to use, but the risks remain under license law and NAR ethics on advertising and lawsuits. To help build a potential defense to an accusation of deceptive or misleading images, here are some ideas for listing REALTORS®. 1. Display actual images "side [...]

Wealth Gains from Homeownership across Metro Areas in 2018

By |2019-03-11T15:54:59+00:00March 11th, 2019|NAR|

Homeownership has been associated with positive social outcomes[1], and is also the largest source of wealth among homeowning households. In 2016, the median net worth among homeowners was $231,400, with housing wealth making up 85 percent of wealth (average net housing wealth was $197,500).[2] Housing wealth contributes positively to the homeowner’s and children’s economic condition, [...]

January 2019 Housing Affordability Index

By |2019-03-11T11:28:53+00:00March 11th, 2019|NAR|

At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates were up from last month at 4.76 percent this January, and up 11.5 percent compared to 4.27 percent a year ago. Housing affordability declined from a year ago in January moving the index down 5.3 percent [...]

The Jewelry in Your Kitchen Design

By |2019-03-11T02:00:39+00:00March 11th, 2019|NAR|

By Melissa Dittmann Tracey, REALTOR® Magazine Great lighting is definitely stealing more of the spotlight in kitchen design lately. Pendant lights that hang from the ceiling above your kitchen island—usually in a row of two or three–is really a place to show off lighting to dress up your kitchen. Some designers refer to pendant lights as [...]