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December 15
Core Course
4-6pm
Agent2Agent Holiday Social
December 16
8:30-10:00am ACAR New Member Orientation
10am-1pm Ethics Class December 20
Noon-2pm Lunch & Learn: Procuring Cause December 23
Noon ACAR Office Closes December 26 ACAR Office Closed |
Need a unique closing gift? Try a Homeowner's Book of Records! Visit the ACAR Store - Now open! |
Looking for Affordable Sign Riders? The ACAR Store has more than 18 different ones available - Starting at only $8 each! |
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| Greetings!
Just a reminder - Unless you have already signed up for the dues payment plan, your 2012 REALTORŪ Association dues must be paid in full by December 30, 2011.
Any dues paid in full on or before December 15th receive a free Lunch&Learn coupon good for 2 CE and lunch and a free Core Course.
Any dues paid in full by the due date or on the payment plan schedule receive a free Core Course.
Any dues paid after December 30th incur a late fee...
To pay your dues online, click here - or give us a call to pay over the phone at 376-0363.
Thanks! |
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Drawing for Free iPad at Agent2Agent
This month, Agent2Agent is moving from our regular monthly morning meeting to an afternoon cocktail party!
Join us this Thursday, December 15th from 4 to 6 PM at the Silverstone Plaza building at Overland and Eagle Rd.
Join us for free drinks, appetizers and lots of great giveaways, including an iPad and a chance to get last-minute Christmas cash in a money-grabbing machine! It's going to be fun, so we hope you'll join us!
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Statistically Speaking: November is Again Something to be Thankful for...
2011 November sales were 471 in Ada County, an increase of 7.3% over November 2010.
November sales YTD are 5,763; up 7.98% over 2010 YTD. In July of 2011, we exceeded YTD 2010 sales for the first time in 2011. In August we improved to +6.1%. In September our increase was 7.2%. In October it grew to 7.6%.
November sales decreased 10% from October 2011s 520.
Historically, November sales decrease from October.
Of our total sales in November... 47% were distressed....up 2% from October 2011. In January 2011, 57% of our sales were distressed.
For homes sold in November, the average number of "Days on Market" was 78. This is essentially unchanged from last month. Down from 90 days last year this time and down from 93 days in January 2011.
Keep Reading
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The method most used to sell a home has changed in recent years. A higher share of sellers are relying on the expertise of real estate agents and brokers to sell their home, rather than trying other methods.
- From 1991 to 2011 the share of home sellers who used a real estate agent or broker to sell their home increased from 77 percent to 87 percent.
- Over the same time period, the share of sellers who sold their home as a FSBO (For-Sale-By-Owner) decreased from 19 percent to 10 percent.
Keep Reading
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Flawed Appraisals Killing More Deals, NAHB Says
Daily Real Estate News | Friday, December 09, 2011
In many recent cases, new homes are being appraised for less than the cost of construction, according to the National Association of Home Builders. Builders are blaming flawed appraisals for holding back the housing market's recovery.
Builders say that new homes should not be compared to foreclosed homes that have sat vacant and are in disrepair.
"The inappropriate use of distressed and foreclosed sales as comparables in determining new home values is needlessly driving down home prices, killing home sales, causing more workers to lose their jobs and delaying a housing and economic recovery," said NAHB Chairman Bob Nielsen.
Keep Reading |
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More Contracts Come With a Contingency
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Banks, GSEs Spend More Money to Spruce Up REOs
Daily Real Estate News | Monday, December 12, 2011
Foreclosed homes continue to hamper nearby property values. In some cities, foreclosures were found to decrease nearby property values up to $17,000, according to a new report from the Government Accountability Office (GAO).
More programs are being aimed at rehabbing foreclosed homes so the harm to property values won't be as great.
According to the GAO report, Fannie Mae and Freddie Mac doled out $953 million last year to maintain and fix up vacant homes.
"We are committed to stabilizing communities and helping the housing market recover," a Fannie Mae spokesperson told HousingWire. "Our goal is to sell REO properties at a competitive market rate, and maintaining our properties is an important part of achieving that goal."
Keep Reading |
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Save the Date!
2012 Circle of Excellence Banquet
Saturday, March 10, 2012
Boise Centre on the Grove
For a list of production categories and other event details, click here.
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