Author: harrisondfw

New Jersey bill aims to eliminate bias in real estate appraisals Trenton, New Jersey—To combat discrimination in real estate appraisals, New Jersey Sens. Nellie Poe and M. Teresa Ruiz have introduced S1311, a bill that would require anti-bias training for real estate appraisers. This bill aims to supplement and amend existing law to strengthen the prohibition on discriminatory practices in the appraisal process. The bill, prefiled for the 2024 legislative session, was sponsored by Sen. Poe, whose 35th district covers Bergen and Passaic counties, and Sen. Lewis, whose 29th district includes Essex and Hudson counties. . Sens. Singleton, Johnson, and…

The hang-up between the city of Dallas and the Police and Fire Pension Fund appears to be a cost-of-living adjustment that was removed in 2017 as the pension inched perilously close to not having enough money to fulfill its obligations. Multiple sources say the city and the pension are at loggerheads over adding some sort of increase to offset inflation for its beneficiaries. The retirees have filed a motion to appeal a prior suit, which, if they win, could spell doom for the pension’s liquidity. Meantime, the state has given the entities a November deadline to reach an agreement to…

TAMPA, Fla., May 23, 2024 (GLOBE NEWSWIRE) — Two of the most progressive real estate companies in the country® The American Association of Realtors announced today that its members have voted to approve a merger that will form the region’s third largest association of real estate agents.® It is a Florida association and the sixth largest association in the United States. The Pinellas Realtor® Organizations (PRO/CPRO) and Greater Tampa Real Estate Agents® (GTR) will merge to become Tampa Bay Realtors.® (pending NAR approval), serves more than 24,000 real estate professionals in Hillsborough, Pinellas, and Pasco counties. This consolidation resulted in…

Greater Tampa RealtorsThe approved combination would create the sixth-largest association of real estate agents in the United States and represent one of the largest mergers in the history of the National Association of Realtors.Pinellas and Tampa real estate associations to mergeThe Pinellas REALTOR® Organization (PRO/CPRO) and Greater Tampa REALTORS® (GTR) are merging to form Tampa Bay REALTORS® (pending NAR approval), serving more than 24,000 real estate professionals in Hillsborough, Pinellas and Pasco counties.Adam GrenvilleAdam Glenville, 2024 Chairman of Greater Tampa Realtors;Tom SteckTom Steck, 2024 President of the Pinellas REALTOR® Organization;Jason OutmanJason Outman, CEO, Greater Tampa REALTORS;David BennettDavid Bennett, CEO, Pinellas…

U.S. new home sales fell 4.7% in April from the previous month. The national average sales price was $505,700.WASHINGTON – New home purchases fell in April as rising mortgage rates and prices and a lack of housing supply continued to deter buyers. According to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), new single-family home sales rose at a seasonally adjusted annual rate of 634,000 units. This is 4.7% lower than the revised March figure of 665,000, and 7.7% lower than the April 2023 forecast of 687,000. The median sales price for…

Alexis Groteboer was born and raised in Rochester, Minnesota. When she moved to Arizona to attend her college, she avoided the cold of the Midwest in favor of the heat of the Southwest. Soon after, Alexis returned to her hometown of Rochester to be closer to her family. “I got my real estate license during the COVID-19 pandemic, so my first few years in the business were a real roller coaster,” she says. Alexis has her 7-year-old son and her 4-year-old Frenchie at home, and they keep her busy.How would you describe your style in three words?casual, comfortable, relaxedWhat do…

For many students, Memorial Day weekend is the perfect time to kick off summer vacation as school is off this year. The calendar of events in and around Dallas is a little slimmer, but there’s still some fun to be had: a special music event, two symphony concerts, a new local play, three concerts, two music festivals, and a march honoring the military.Here are some great ways to spend your free time this weekend. Want more options? Luckily, we have a longer list of the city’s best events.Thursday, May 23Announced by the Emerg Coalition evergreen [to grow]evergreen [to grow] A…

WASHINGTON – Lawrence Yun, chief economist for the National Association of Realtors (NAR), at NAR’s 2024 REALTORS® Legislative Conference(link is external) Housing Economic Issues and Trends Forum(link is external) projected that over the long term, lower interest rates will lead to an increase in existing home sales to 4.46 million in 2024 (a 9% increase from 4.09 million in 2023) and 5.05 million in 2025 (a 13.2% increase over 2024), with further increases in eight of the next 10 years. Yoon also explained that rents will likely stabilize further, the Consumer Price Index (CPI) will be contained and the Federal…

hyderabadReal estate players in Telangana have urged the state government to reconsider its decision to revise land market rates and stamp duty. Chief Minister Revanth Reddy has directed officials to scrutinise these rates and compare them with other states. According to regulations, the market value of land must be updated annually. However, the real estate association plans to hold discussions with the government after the model code of conduct ends. Emphasizing on maintaining affordability, C. Shekhar Reddy, national vice-chairman of CII-IGBC, said, “Now is not the time to increase land prices. The focus is on increasing sales rather than increasing…

Jean-David Nsiru Jr. knew nothing about buying a home the first time his parents enlisted his help to meet with a builder.The Congolese migrants didn’t think they knew all the right questions to ask, Nsiru said, so they turned to his son, who, after some research, asked so many questions that the builder’s representative suspected he was a real estate agent.”Finally she said, ‘You should look into real estate,'” Nsiru said. “‘I think you’d make a really good real estate agent.'”A year later, when Nsilulu was in need of a career change, he recalled that conversation. He decided that his…