August 5, 2021
Member News




CORE
Join us at our Affiliate Appreciation Event, scheduled for Thursday, September 9 at 6:00 pm, that includes an evening of baseball, BBQ, and networking at the Somerset Patriots game at TD Bank Ballpark in Bridgewater. Don't miss the early bird tickets!
Affiliate Registration - BBQ buffet, one drink ticket and game included.
  • Early bird: $10 - by August 14
  • Regular: $15 - registration closes August 27
Realtor and Guest Registration - BBQ buffet, one drink ticket and game included.
  • Early bird: $25 - by August 14
  • Regular: $30 - registration closes August 27
  • Sponsorship includes your logo on sponsor boards and on the picnic table signs, as well as recognition in CORE member communications.
  • $500 per sponsorship. Four sponsorships available. Email craig@core-realtors.com
CORE Seeks Volunteer Leaders - Elected Officers & Directors If you’re interested in serving your fellow members and your professional association in an elected leadership role beginning January 1, please complete and return the application for open positions by August 31. To be eligible to serve, you must have been a CORE Realtor member in good standing (or of the former Mercer County Association of Realtors and/or Hunterdon Somerset Association of Realtors) for a minimum of three consecutive years. Additional information is on the application. Click here to download and complete the application.  
Thank you to Pinky Shah of Fairway Independent Mortgage and her community for their generous donation of 62 food bags and $100 to the food bag drive!
One Day Left for Food Bag Drive

CORE's Community Outreach Committee is holding a food drive to benefit HomeFront. A list of items for the food bags can be found here.  Cash donations can be made here. Thank you for your support!   
  • Where: CORE’s Trenton office 1428 Brunswick Ave., Trenton, NJ 08638 
  • When: August 4 - 6, 10 am - 4 pm 

Local

Hunterdon County Surrogate Court Re-Opens To In-person Service As of August 2, the surrogate court, at the Justice Center on Park Avenue in Flemington, is open for in-person service in accordance with the NJ Administrative Office of the Courts’ directive to all NJ Courts. Read more.


Bright MLS

Weekly Market Update: A promising sign for the fall! Inventory continues to improve, giving buyers more options to consider, according to the latest Bright Weekly Market Report. Get more stats in Bright MLS's Weekly Reports here. The Weekly Market Report for the week ending August 1 is available now here. 


New Jersey
Two NJ Athletes Grab Olympic Medals, Break World Records Two Olympic gold medals in the same day for New Jersey, as Sydney McLaughlin, of Dunellen, and Athing Mu, of Trenton, won their track events with blazing speed in Tokyo. Read more.

NJ Department of Community Affairs: NJDCA Scam There have been impersonators posing as NJ DCA investigators, law enforcement officers, and more as part of an extortion scheme. The impersonators are contacting licensees by telephone or letter stating that they are a subject of an investigation. The DCA does not and will not contact licensees by phone to discuss investigations.

New Jersey Ranks as Top State with International Buyers According to a recent report from the National Association of Realtors, New Jersey was in the top five states that attracted the greatest number of foreign buyers of U.S. residential real estate. The other states were California, Arizona, Texas, and Florida. Read the report here.
Federal and State Eviction Moratoriums Update This week, the Centers for Disease Control extended the federal eviction moratorium through October 3 in counties with “substantial and high levels” of COVID-19 transmission, defined as counties with 50 to 100 cases per 100,000 people. In New Jersey, under a bill signed by the Governor on August 4, the eviction moratorium would end on August 31 except for tenants defined as very-low, low, and moderate-income. For those who fall in those categories, the eviction moratorium expires on December 31. Tenants must comply with certain requirements including certification of income, proof that they could not pay rent and that they applied for rental assistance. Additionally, restrictions on foreclosures are extended through November 15 in New Jersey. Click here to learn more about COVID-19 rental assistance.
e-Notary Now Law in NJ Governor Murphy signed a revised New Jersey law on notarial acts which now permanently authorizes electronic signatures. Last year, e-notary services were authorized in response to COVID-19. New Jersey Realtors supported allowing e-notary services on a more permanent basis and not just during a public health emergency.

The revised law permits notary publics to perform notarial acts using communications technology with evidence of a person's identity. The law went into effect July 22. Read more.

NJ101.5: Cracking Down on Pool Rentals in NJ At least two New Jersey towns say that by-the-hour, residential pool rentals advertised in an increasingly popular app are in violation of their municipal ordinances... Read more.


National
NAR: New Rental Assistance Website The Consumer Financial Protection Bureau (CFPB) recently launched a new website for renters and housing providers who are in need of rental assistance to cover rent owed. NAR has compiled a collection of NAR resources (including a new page with information on the end of the eviction moratorium), federal resources, and resources from other industry groups (such as resources on communicating with tenants who owe rent). View NAR's resources here. You can also utilize NAR's social media assets which are provided in an ERA call-to-action toolkit to spread awareness of the toolkit and rental assistance options.

Emergency System Test Set for August 11 The Federal Emergency Management Agency, in coordination with the Federal Communications Commission, will conduct a nationwide test of the Emergency Alert System and Wireless Emergency Alerts on Wednesday, August 11, beginning at 2:20 pm. Read more.

Wall Street Journal: Cheaper Coverage Higher subsidies under a coronavirus relief law mean many people can qualify this year for low- or no-cost health insurance. For most, the enrollment window closes August 15. Learn more.

USA Today: Target Joins Walmart in Paying for College for Employees; Free Books Included Target will offer its 340,000 U.S.-based part-time and full-time employees a new perk: a free college education. Read more.




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