EBCBOR Office Closes Tomorrow at 1pm in Observance of Good Friday
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April is Fair Housing Month
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Casino Night Wednesday, April 30th 6:00 - 8:00pm
"Get in the Game Admission"- $100
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Appetizers Catered by the Brownstone
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Professional Table Games by Tumbling Dice
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Complimentary Wine & Beer Bar
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All contributions collected at the Door
RSVP Now
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Joel Furst, Esq.
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National News: Average US 30-year mortgage rate falls to 4.27 percent
Average U.S. rates on fixed mortgages fell this week for the second straight week as the spring home-buying season begins.
State News: NJ March Market Report Now Available
With spring upon us, many New Jerseyans are eyeing seller activity for signs of new listings. Low inventory has caused some frustration among buyers at certain price points. Investor activity and cash purchases should be monitored, as well, along with possible increases in new construction activity. And although interest
rates are up from their all-time lows, borrowing costs are still remarkably affordable. With rental rates already high and rising, many are finding it's cheaper to own than to rent in most parts of the state. Single Family Median Sales Price was up 7.4 percent to $299,900. READ MORE
Local News: LG starts demolishing building to clear way for headquarters
LG Electronics started a new phase in building its planned headquarters on Sylvan Avenue Tuesday.
While the height of the proposed building is still under debate in appeals court, as well as the court of public opinion, the company started the work of demolishing the outside of one of the three structures of its Sylvan Avenue property.
An enormous excavator started plucking one of the buildings apart in a light rain Tuesday morning. LG has been demolishing the inside of the former Citycorp building since November. READ MORE
St. Moritz, Edgewater sold for over $120 Million
Cornerstone Real Estate Advisors, Inc. acquired The St. Moritz, a 224-unit high-rise apartment building at 100 Daibes Ct. in Edgewater, NJ, from its developer, Daibes Enterprises, for $120.25 million, or about $537,000 per unit, in an all-cash sale. The 25-story, 271,000-square-foot multifamily property was constructed in 2004 on 3.6 acres in the Gold Coast community of Edgewater, overlooking the Hudson River in the Bergen County submarket. The asset was 97 percent occupied at the time of sale. READ MORE
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NJAR Applauds Gov. Christie's Desire to Eliminate Realty Transfer Fees
Gov. Chris Christie wants to abolish the realty transfer fees in New Jersey - a town hall announcement which was immediately endorsed by the New Jersey Association of Realtors and, really, anyone planning on selling their house anytime soon.The fee, which was implemented during the housing boom in 2002 and 2005, puts a tax on anyone moving out of the state. The tax, based on the sale price of the house, is roughly $1,700 on a home sold for $300,000 (the median sale price in the state in March). "NJAR commends Gov. Christie for his position of making realty transfer fees a thing of the past in New Jersey," he said in a statement. "We look forward to working with the governor and our state's legislators to repeal the realty transfer fee and helping New Jersey's homeowners." Read More
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LUNCH & LEARN:
"Flood Insurance- Is Your Listing in a Flood Zone"
This seminar addresses basic flood insurance issues as well as some more detailed components.
- Wednesday, April 23rd
- 11:30am - 1:00pm
- LUNCH SERVED
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"CE & Stay"
Earn 6 CE Credits (Including Ethics!)
Friday, April 25th
Instructors: Robert Jaekel and Neil Kilstein
9:00- 12:00pm
"Ethics: How to Minimize Your Liability"
3 Hrs. CE Credits (2 Ethics and 1 CORE)
12:00 - 1:00pm Lunch Presentation by Prospect Mortgage
1:00- 4:00pm
"Commercial Real Estate Loans"
3 Hrs. NJ CE Elective Credits
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EARN the MRP Certification
Become Military Relocation Professional
This one-day course will provide you with the tools to better assist today's active-duty, discharged and former military service members in finding the housing solutions and military benefits that best suit their needs. When service members and their families relocate, a real estate professional who under-stands their needs makes the transfer easier, faster and less stressful.
APPROVED for 6 Elective CE CREDITS!
Date: May 5th Time: 8:30am - 4:30pm Location: EBCBOR Office Cost: Early Bird Special $99 until April 18th!
Click here to Register
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Where Rich Americans Have Their Eye on Real Estate
Home values internationally climbed 8.4 percent last year, marking the highest annual gain since 1995, according to the Knight Frank Global House Price Index. With more high-net-worth individuals in the United States viewing foreign property as wise investments, Alexa Luxe Living determined the 20 hottest real estate destinations across the globe.
The top destinations are: 1. Monaco 2. Antigua, 3. Argentina, 4. Tel Aviv, 5. Zambia, 6. Anguilla
Read More
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Field Guide to Using Digital Video as a Marketing Tool
With YouTube practically a household word and digicams and video-editing software becoming ever more sophisticated and affordable, digital video is suddenly where the action is. Property sellers and real estate professionals alike are finding out how easy and effective it is to create and post homemade virtual tours, neighborhood guides, and other videos to help sell real estate. This Field Guide explores why and how to market real estate using videos on the Web.READ MORE
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TECH Tuesday: "Facebook Pages for Beginners:
A Business Tool"
Hands-On Workshop to begin Monetizing Facebook! You Bring Your Laptop, They will Bring You the Strategy! In this session you will learn how to create a Facebook for business page and implement the basic functionality of Facebook to use in your everyday business. Bring your laptop or tablet.
-What is a personal pages vs. Professional page?
-Create your page
-Branding your Page
-Using your Page Tuesday, April 29th from 11:30 - 1:00
LUNCH SERVED
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BROKER BUSINESS OVER BREAKFAST FORUM
WHEN:May 7th from 8:30 - 10:30am
WHAT:Presentation by Robert Kinniebrew, Executive Officer of the NJ Real Estate Commission and StaffBreakfast Served
Cost:Free to EBCBOR Designated REALTORS & Office Managers
RSVP Now
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Help Build a Bergen County Playground with KABOOM
Join volunteers on Thursday, April 24, 2014 from 8 AM to 3 PM build a playground in Little Ferry. The Organization is seeking 200 volunteers for Building Day.
Volunteers do not have to be trained, skilled or have any special tools! You need only be enthusiastic, energetic,and willing to work while having fun!
If you are interested in volunteering for this event please contact Miriam Lambert.
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Have a Convertible? Drive a Veteran in the Memorial Day Parade!
Fort Lee Memorial Day Parade May 26th 9:00am Have a convertible? Volunteer to drive a veteran from VFW 2342 in the parade route. Call George at 201-615-9055 or Register Here
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Chrysler REALTOR Benefits!
Expanded line up! As the exclusive and Official Automobile Manufacturer of the National Association of REALTORS� Chrysler Group, LLC offers:
- $500 cash allowance on the purchase or lease of select1, new 2013 and 2014 Chrysler, Jeep�, Dodge or Ram models, and now, the Fiat� 500L. The cash allowance is available for REALTORS�, association staff and family members.2 In many cases, this may be combined with other Chrysler Group incentives for even greater savings for you and your family.
- Two years of free oil changes, including oil, lube and filter changes with purchase or lease. Available only for REALTORS� through this program.
- LEARN MORE
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ONLINE CONTINUING EDUCATION
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Know Someone who Wants to Get Their NJ Real Estate License?
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Pre-Licensing Class at the
Bergen County REALTOR Center for Professional Development
2- Week Accelerated Day Course
8 Week Evening Course
Refer a Student! Give them Coupon Code "REFERRAL" to Save $50 on Registration Register Now
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Phone: 201-288-5000
Fax: 201-288- 0511
Staff Contact Info:
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Communications CommitteeMonday, April 21 9:30 - 11:00am
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YPN Quarterly Breakfast Club
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Missed an eBulletin? Click here to view past editions. |
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