July 22, 2021
Member News




CORE
CORE Office Reopens! We will be welcoming visitors back to the Branchburg office Monday, July 26, from 8:30 to 4:30 pm. Due to a facility issue to be addressed next week, the Trenton office will reopen to visitors, Friday, July 30, from 8:30 to 4:30 pm. We look forward to seeing you soon!
Food Bag Drive for HomeFront CORE’s Community Outreach Committee is excited to be 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 
  • This is the second of three food drives that CORE will be holding throughout the year to support each of the counties in our Association area: Hunterdon, Mercer, and Somerset. 
CORE Seeks Volunteer Leaders 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, 2021. 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 for your RPAC* Support! CORE has a new donor recognition page. Click here, to view a list of members who have donated to RPAC from January 1 to May 31.


Welcome CORE’s Newest Affiliate Member! You can learn more about this business by visiting our Affiliates page or clicking the link below.

Members are encouraged to use CORE affiliate member products and services whenever possible. Click here for our affiliate member directory. 

Local
Hunterdon Commissioners Endorse Law Change Protecting Property Owners From Land Seizure For Pipeline Hunterdon County’s Board of Commissioners, at the July 6 Board meeting, endorsed federal legislation that would prevent pipeline companies from using eminent domain to take private and publicly owned land before projects are approved for all federal and state permits... Read more.

Somerset County to Host Arts and History Symposium ‘Arts, Heritage, and History as Social and Economic Drivers’ is a free virtual webinar open to Somerset residents. Tuesday, July 27 at 9 am. Read more.

Somerset County Seeks Community Organizations to Take Part in October Diversity Festival The application deadline is August 13. The festival will be held Saturday, October 9, from noon to 4 pm in Somerville. For more information about participating at the Diversity Festival, contact Hector Burgos at (908) 231-7020 ext. 6475 or send an email to Burgos@co.somerset.nj.us.


Continuing Education

Don’t Forget to Fulfill Your NAR Code of Ethics Training Requirement As required for Realtor membership, all Realtors must complete at least 2.5 hours of ethics training that meets specific NAR learning objectives and criteria. The current cycle deadline is December 31, 2021. Why wait? Visit the CORE website to learn more, check your status and view training options today.

Bright MLS

New to Bright The process to enter a listing in Bright changed on July 20. The new  Listing Assistant feature will give you visibility into fields from the tax record and previous listings for the property to easily add details to your listing prior to the full edit screen. Read more.    


Commercial Real Estate

New Jersey Realtors: Commercial Real Estate Rebounds from Pandemic Recession Read more.  


New Jersey
COVID Surges to 2-Month High as Delta Spreads, Shots Lag NJ's COVID-19 hospitalizations rose above 300 for the first time in a month and new cases hit peak levels not seen since May, according to data from the New Jersey Department of Health. Read more.

NJ.com: NJ Court Backs Governor Murphy's Order Allowing Tenants to Use Security Deposit as Rent During COVID-19. Read more.

US News: NJ Requires Lead Pipe Inventory, Replacement Over 10 Years Hundreds of public water systems in New Jersey must take inventory of their lead pipes and replace them over the next decade under a new law. Read more.


NJ101.5: NJ Backyard Pools Open for Rent By the Hour in Popular  App A website and app that started in 2018 with just four swimming pools in New Jersey exploded in popularity during the first summer of the COVID-19 pandemic. It's now getting pushback from a state... Read more.


National

NAR: Boost in Construction Only Temporary? Housing starts increase as lumber prices drop, but rising costs for other materials continue to hold builders back from meeting buyer demand. Read more.


Housing Wire: Homebuilders Urge Congress to Address Inventory Crisis Hampered by labor shortages, rising material costs and government regulation, homebuilders are looking to Congress for ways to decrease the estimated “under-building gap” of 5.5 million homes and help with housing affordability. Read more.  
NAR: What Can We Learn From Zillow? (VIDEO) A common question from National Association of Realtors' members is: What is the Association doing to ensure Realtors remain competitive with industry disruptors? Watch the video to the left to view NAR President Charlie Oppler  discuss this topic. 

Wall Street Journal: U.S. Median Home Price Hit New High in June The Median price rose to $363,300 as sales increased 1.4 percent with strong demand pushing home sales higher. Read more. 



Save this information from the NJ Real Estate Commission:


*Disclaimer: Contributions to RPAC are not deductible for federal income tax purposes. Contributions are voluntary and are used for political purposes. The amounts indicated are merely guidelines and you may contribute more or less than the suggested amounts provided your contribution is within applicable contribution limits. The National Association of REALTORS® and its state and local associations will not favor or disadvantage any member because of the amount contributed or a decision not to contribute. You may refuse to contribute without reprisal. Unless otherwise required by applicable law, any request for the refund of a contribution must be made within two (2) business days of the date on which you authorize RPAC to charge you for said contribution. Your contribution is split between National RPAC and the State PAC in your state. Contact your State Association or PAC for information about the percentages of your contribution provided to National RPAC and to the State PAC. The National RPAC portion is used to support federal candidates and is charged against your limits under 52 U.S.C. 30116.