Skip to main content

NSR News

The latest information about the association, our brokerage community, and the real estate industry.

advocacy News
Another Band-aid Applied to NFIP

On September 30th the National Flood Insurance Program (NFIP) was again extended to avoid a lapse in coverage.
advocacy News
Gloucester Adopts Maximum Short-term Rental Community Impact Fee

Gloucester has adopted a 3% Community Impact Fee for Short-Term Rentals.
advocacy News
Salem's Municipal and Religious Building Re-use Zoning Ordinance Passes

With a vote from the City Council of 9-2 the Municipal and Religious Building Re-Use Zoning Ordinance recieved final passage at the City Council meeting on September 12th.
advocacy News
Salem Five-Year Consolidation Plan and FY21 Action Plan

Through late September and early October, Salem will be holding a number of public hearings to receive comment while developing its Five-Year Consolidated Plan and FY21 Action Plan (July 2020 through June 2021).
advocacy News
Focused Ideas for the Future of Beverly

On September 11th, NSAR gathered REALTOR® residents, REALTOR® brokers, and REALTOR® leaders to meet with Aaron Clausen, Director of Planning and Community Development for the city of Beverly, to discuss PlanBeverly, housing, and the formation of a new Beverly Master Plan.
advocacy News
Administrations GSE Proposal

The Trump administration has released a 53-page plan for the conservatorship of the government sponsored-enterprises (GSEs) to end.
advocacy News
Flood Insurance is Up Again for Renewal

The National Flood Insurance Program (NFIP) is again set to expire.
advocacy News
Municipal and Religious Overlay District Moves to City Council

On September 5th in Salem, the Municipal and Religious Overlay District ordinance progressed through the Ordinance, Licenses, and Legal Affairs (OLLA) subcommittee to be back on the City Council’s agenda.
advocacy News
Opportunity Zone Educational Meeting

One of the outcomes of the 2017 Tax Cuts and Jobs Act was the creation of Opportunity Zones.
advocacy News
The Impact of Zoning

“Eliminating Exclusionary Land Use Regulations Should be the Civil Rights Issue of our Time” by Michael Stegman examines the impact of zoning on socioeconomic factors across the nation
advocacy News
Appraisal Threshold Increased by 60%

The Federal Deposit Insurance Corporation (FDIC) has publisheda rule that would increase the appraisal exception from $250,000 to $400,000.
advocacy News
Salem Talks Affordability with Accessory Dwelling Units

Last night, the Salem City Council in conjunction with the Planning Board held their second public hearing on the topic of Accessory Dwelling Units (ADUs).