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5.29.09 Tax Credit Guidance for FHA Loans Announced by HUD

In his speech at the National Association of REALTORS® Housing Summit on May 12, 2009, US Department of Housing and Urban Development (HUD) Secretary Shaun Donovan announced a program that allows borrowers to use the first-time homebuyer tax credit for a down payment or closing costs on a FHA-insured mortgage The details of the program were announced today in Mortgagee Letter 2009-15. Government entities and instrumentalities of government may provide a second mortgage. more & link to the HUD Mortgagee Letter

5.13.09 REALTORS® Federal Credit Union Opens for Business

Real estate professionals have unique financial and cash-flow requirements, and with the launch of the REALTORS® Federal Credit Union at the Realtors® Midyear Legislative Meetings and Trade Expo , Realtors® now have a banking resource that was designed specifically with their needs in mind.

4.24.09 Statewide Sales Tax on Real Estate Commissions Proposed

The state House of Representatives is scheduled to begin debate next week on the budget. Of the 1,000 plus amendments that have been filed, one amendment in particular- entitled amendment #28- has been filed by Rep. Peter Kocot (D) Northampton. Amendment 28 would expand the state’s sales tax on goods to include services. This would appear to include real estate services, legal services, health care services, accounting services etc.

4.7.09 NSAR June Membership Meeting -Five Myths of Leads Management

Back by demand- Matthew Ferrara Thursday, June 11, 2009 8:30am-11:00am Danversport Yacht Club Are you tired of trying to further your business by spending valuable time and money on the “next new thing” on the Internet and ineffective print marketing? Matt’s program will show you that management, not technology, is the answer to your success. This program generously sponsored by: Anders L. Nilsson- Prospect Mortgage

4.6.09 Opportunity Knocks Homebuyer Fair to be Held in Two North Shore Locations

The North Shore Association of REALTORS® is once again teaming up with the Massachusetts Association of REALTORS® and MassHousing (and additional organizations) to present Opportunity Knocks: Homebuyer Fairs and Open Houses at two North Shore mall locations.

4.5.09 NSAR to Partner with Community News to Promote First Time Buyer Tax Credit

Now is a good time to buy a home. This is the message of the NSAR/MAR promotion of the $8,000 first-time homebuyer tax credit. The credit expires on December now is the time for buyers to take advantage.

3.16.09 Town of Newbury Requires Seller Disclosure

The Town of Newbury MA has recently established a requirement for property owners who are selling to provide a notification form to purchasers disclosing that the Town has adopted a Right-to-Farm bylaw...more

3.12.09 NAR Buyer & Seller Profile Available for Members- Free Download

NAR Buyer & Seller Profile Available for Members- Free Download Being generally more mobile, younger buyers expect to own the home they purchased fewer years than older buyers. The median expected tenure for buyers 24 years old or younger is six years while buyers 45 and older plan to stay in the home they purchased a median of 15 years. more...

2.18.09 MA Buyer-Seller Profile Free for Members

On Feb. 9th, MAR issued a news release announcing the results of the 2008 Massachusetts Profile of Buyers & Sellers. The study (both executive summary and full-report) is available to members at no charge.

1.30.09 Fannie Mae Extends Eviction Suspension Another Month

Fannie Mae & Freddie Mac announced that it will extend its suspension of evictions from Fannie Mae-owned single-family properties through February 28, 2009.

1.23.09 NSAR Volunteers off to a Great Year! ...New Business Plan Video launched

NSAR Volunteers off to a Great Year! New Business Plan Video launched Members of the 2009 Board of Directors and appointed Committee chairs participated in NSAR Leadership Workshop. The annual event allows leadership to review and discuss the association’s business plan for member services and programs and their committee role in achieving the year’s goals. This year’s program included video presentation of NSAR’s business plan hosted by 2009 President David Kres, and included appearances by 2008 President Marilyn Jarvis, President-Elect Bert Beaulieu, and the “Kres Family Kats”. To view the video and learn more about NSAR’s business plan, log on to the member section of NSAR’s new website.

1.14.09 REALTOR Public Awareness Campaign- New in 2009

NAR launches new ads as part of the 2009 REALTOR Public Awareness Campaign.

1.7.09 National Museum of American History Reopens: Ipswich House “the smartest” Exhibit

The New York Times coverage of the reopening of the National Museum of American History in Washington DC after two years and $85 million of renovation had high praise for the NATIONAL ASSOCIATION OF REALTORS® “Within These Walls” Ipswich exhibit.

12.30.08 REALTORS Represented in Tournament of Roses Parade

One of America’s greatest New Year’s Day traditions, the Tournament of Roses Parade is seen by one out of every four U.S. households, and in more than 150 international territories...

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NSAR is a leading local real estate association in Massachusetts serving over 1200 members and representing more than 230 sales offices.

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