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May 2, 2011 :: IN THIS ISSUE

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salesWashington Post: Housing Prices up in Washington Region
 
The Washington area's real estate market is continuing to recover, according to several reports this week, which showed that housing prices were up in the region even as they declined across much of the rest of the country.   Read more.

NAR Mid-Year
Metro Referral
RayCruz
TRISTAR Realty
fairfaxnew5-14
wdcarDiscussion of Lead Regulations in Residential Housing

Join the DC Department of Housing and Community Development on Tuesday, May 3 for an informative session regarding DC's Lead Law, Tenants Rights Form and Disclosure Notice, and Lead Resources. Learn more or register. 

homAttend MAR Diversity Day - Get CE Credits!

Don't miss the panel discussion on Real Estate Issues in Diverse Communities (2 hrs. CE for Professional Enhancement) as well as the discussion on Special Issues in Fair Housing (1.5 hrs. CE for Fair Housing) at this event on Thursday, May 5, 2011. Learn more or register. 
rebuildFannie/Freddie Panel Added to NAR Midyear

Hear an explanation of the current proposals for reforming the secondary mortgage market including the three Obama administration suggested options for reform and other prominent proposals on Tuesday, May 10 from 9:30 - 11:00 a.m.

Learn more and register
   
crsAttend the CRS 210 Referral Course May 19 - 20

View excerpts of Gee's Dunsten's CRS Referral Course. Learn how to grow a referral business and increase commissions from the people you already know.  CRS educators are leading professionals who bring practical experience to each course.  Register today.
  
statsEligible Homeowners Should Apply for Property Tax Credit

Montgomery County homeowners who have a limited income or are at least 70 years of age may be eligible for property tax credits that will limit the amount of taxes they must pay. One application will determine eligibility for three programs -- the Maryland Homeowners' Property Tax Credit Program; the Montgomery County Supplemental Property Tax Credit; and the Montgomery County Senior Property Tax Credit. Read more.

 

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RTThank You for Supporting Rebuilding Together� 

GCAAR Cares thanks all of our volunteers who came out to support 2011 Rebuilding Together� in Montgomery County, MD and Washington, DC. We had a record number of 68 volunteers who came out on Saturday and Sunday! Your generous gift of time and support has helped two very grateful homeowners rebuild their homes and community. 

Special thank you to our food sponsors: Counselors Title, eTitle, Keller Williams� Capital Properties, Monarch Title, Prosperity Mortgage

Washington, DC Rebuilding Together� Volunteers

View video highlights.  

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rotySubmit a REALTOR� of the Year (ROTY) Award Application 

Submit a GCAAR REALTOR� of the Year (ROTY) Award Application today!  In order to allow sufficient time for application review, your GCAAR submission deadline is 5:00 p.m., Tuesday, May 31. Please e-mail your completed application to [email protected]. Access the application.
 
   
RookieOTYComplete a GCAAR Rookie of the Year Application

If you've been a licensed REALTOR 4 years or less, you have the opportunity to apply for the honor of being named Rookie of the Year!  All nominees must have been licensed for the first time between January 1, 2007 and January 1, 2011. Deadline for submissions to GCAAR is at 5:00 p.m. on Tuesday, May 31.  E-mail completed applications to [email protected].  Access the application
   
pmiMRIS Matrix Welcomes Three Enhancements

Based on customer feedback, Matrix offers three new improvements that will make searching for listings and managing your client base easier than ever.  Read more.
  
questionsStockMarketsReview.com: Page Rank Is an Important Aspect in Real Estate Marketing

When marketing your real estate business, be concerned about your search engine rankings, keeping in mind that Google and other search engines count how many sites link to yours. These inbound links must be of good quality to really matter in terms of ranking. Read more

defaultWashington Post: Can Mandatory Mediation Save DC Homes From Foreclosure?

District residents facing foreclosure have a new weapon in their arsenal to delay or prevent the loss of their homes. The Saving DC Homes from Foreclosure Act of 2010 became effective March 12. Under this law, District residents can ask for face-to-face mediation with their lenders, who are required to participate, if requested, and to act in good faith.  Read more.  

wp3Washington Post: To Rent, or to Buy?

A new index out this week from online real estate company Trulia says it's much less expensive to buy a two-bedroom condo or townhouse in the District than to rent a similar apartment. Their price-to-rent ratio for DC (not including the suburbs) is 13.  Read more.  

legMontgomery County Board Vacancies 

The following board vacancies are currently available: 
  • Adult Public Guardianship Review Board
  • Alcoholic Beverages Advisory Board
  • Energy and Air Quality Advisory Committee
  • Commission on Health
  • Advisory Board for Montgomery Cares Program
  • Commission for Women

    The deadline for application is May 6, 2011.
     
Access vacancy announcements for boards, committees, and commissions.
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Greater Capital Area Association of REALTORS�
8757 Georgia Avenue, Suite 600 :: Silver Spring, MD 20910
301.590.2000 :: www.gcaar.com