March 24, 2018
EBCBOR members attended the annual RPAC Casino Night fundraiser this past Thursday, investing over $17,000.00 in the real estate industry. Members enjoyed an evening of games, passed Hors d'oeuvres catered by Brownstone, as well as networking. Congratulations to the evening's Texas Hold'em tournament winners: Randy Wine of Special Properties Real Estate, Justin Smith of RE/MAX Signature Homes, and Rose LaPira of RE/MAX Fortune Properties. Thank you to our Affiliate Sponsors: The Cadre Firm, FM Home Loans, Freedom Mortgage, and Annie Mac, and kudos to the evening's prize winners, courtesy of our affiliates: Annekee Brahver-Keely of Russo Real Estate, John Walters of PCBOR, and Bruce Elichman of Links Residential. VIEW IMAGES
Passage of FY 2018 Spending Bill Critical Step for Affordable Housing Funding and Flood Reauthorization

With six months remaining in the 2018 fiscal year (FY), the National Association of REALTORS® urges the passage of the "omnibus appropriations bill" agreed upon by U.S. House and Senate negotiators last night, which is designed to fund the federal government through September 30, 2018. The 2,232-page bill contains important provisions related to housing that REALTORS® have been fighting for, including alleviating the weakening of the Low-Income Housing Tax Credit (LIHTC) from the new tax law, and extending the National Flood Insurance Program (NFIP) through at least mid-summer.

Bergen County 10K Reports: February 2018

The three most prominent national market trends for residential real estate are the ongoing lack of abundant inventory, the steadily upward movement of home prices and year-over-year declines in home sales. Sales declines are a natural result of there being fewer homes for sale, but higher prices often indicate higher demand leading to competitive bidding. Markets are poised for increased supply, so there is hope that more sellers will take advantage of what appears to be a ready and willing buyer base.

Instant Reaction: Lawrence Yun on Today's FOMC Statement

The following is NAR Chief Economist Lawrence Yun's reaction to the Federal Reserve's decision today to raise short-term interest rates: "We are in the middle innings of monetary policy normalization. Interest rates that the Fed directly controls - the federal funds rate - were raised three times in 2017. Today's action is the first of three rate hikes in 2018.

7 Tips for Building Trust With Foreign Clients

As the global economy expands, international real estate transactions are becoming more commonplace. Your global business starts in your local marketplace. As times move forward, it's going to be hard to avoid global business. It's important to start proactively incorporating it into your own business and action plan now. Here in the States, we often make reference to the American Dream, but we sometimes forget that around the world, everybody wants to have a safe place for their family

A Good Mix of Content Yields the Greatest Social Media ROI

Social media is too easy to make big mistakes-yet more than half of REALTORS® polled in a recent Realtors Property Resource® (RPR®) study said they aren't getting the expected ROI on their social media investments. For REALTORS®, the biggest social media mistake is relying too much on listings. In fact, more than 70 percent of agents polled in the same study cited listings as their most common form of Facebook posts.

Clean Homes, Clean Families with EBCBOR & Bergen Volunteer Center!  

EBCBOR is partnering with the Bergen Volunteer Center for their annual "Clean Homes, Clean Families" initiative, part of their Mentoring Mom's Program. Consider donating cleaning supplies for local families in need. Your kind donations will keep our clients and their homes clean and healthy!

CLICK HERE for List of Supplies and Drop-off locations.   
Cellphone for Soldiers with EBCBOR & Chase!   

All through March, The EBCBOR Community Service Committee and Chase are teaming up with Cell Phones for Soldiers, a national nonprofit dedicated to providing cost-free communication services to active-duty military members and veterans. By donating gently-used cell phones you are providing free calling cards to active-duty military members to connect with loved ones as well as assisting veterans with emergency funds to alleviate communication challenges as well as physical, emotional and assimilation hardships.

CLICK HERE to find a Drop-off location.   

Eastern Bergen County Board of REALTORS | 201.288.5000 |