January 6, 2018
INDUSTRY NEWS
Existing-Home Sales Skyrocket Toward 11-Year High  
 
Existing-home sales in November skyrocketed to a spree not seen in more than 10 years, the National Association of REALTORS® (NAR) reports. Existing-home sales totaled 5.81 million, a 5.6 percent increase from October and a 3.8 percent increase from one year prior. Inventory decreased 7.2 percent to 1.67 million, 9.7 percent below one year prior.
 


LEGISLATIVE NEWS
Tax Reform: Here's What Could Impact Homeowners Most
 
A new year has started, and with it a newly enacted tax policy: the Tax Cuts and Jobs Act. While most changes will not be noticeable until consumers file their taxes in 2019, the new tax law stands to alter how consumers view homeownership incentives and could impact real estate markets across the country.


GLOBAL PERSPECTIVES
Going Global in 2018
 
It's never too early or late to amplify your client base and referral partners by going global. Is your New Year's resolution to go global this year? Here's a short checklist to help you get started: Earn your CIPS designation, get involved with your global business council, and more!


TECH TIPS
Technology for REALTORS®: New Developments and Special Offers

If there's a trend dominating headlines and transforming businesses today, it's predictive analytics. To become more efficient in generating and curating sales leads, the best-in-class predictive tools mine databases to augment the best in human intelligence. Today, society benefits from predictive applications in everything from online shopping to homeland security.


AFFILIATE PARTNERS




Eastern Bergen County Board of REALTORS | 201.288.5000 | communications@bergenboard.com
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