NJAR^® in the News

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N.J. businessmen, economists weigh in on rescue plan

The Record
October 3, 2008

New Jersey businessmen and economists react to the $700 billion bailout of the financial industry, which heads to the U.S. House of Representatives today after passage by the Senate Wednesday night: "I don't think we have a choice. It's certainly necessary, but whether it's efficient is going to be the key question...I think it will help. Whether it will fully solve the problem, only time will tell. A lot of New Jerseyans get caught in the Alternative Minimum Tax because it's a high-income state. The AMT was done simply to provide tax relief to the middle class. If people then use the savings in consumption they will stimulate the economy." [Full Story]

 

Realtors, builders discuss bailout

Courier Post
By Tom Baldwin
October 2, 2008

Realtors and builders Wednesday met to discuss the taxpayer buyout of mortgage suppliers Fannie Mae and Freddie Mac, with lawmakers in Washington looking to break a logjam over a broader government bailout of another private-sector mess -- Wall Street. [Full Story]

 

NJN News

October 1, 2008 - 5:30 p.m. 

Segment Begins at 3:27
www.njn.net/television/webcast/njnnewswednesday.html

 

NJAR^® President-Elect Attends Leadership Seminar

Manchester Times
September 17, 2008

New Jersey Association of REALTORS (NJAR^®) President-Elect Diane Dilzell, CRS, e-PRO and NJAR^® and Executive Vice President Jarrod Grasso, RCE, attended the 2008 National Association of REALTORS (NAR^®) Leadership Summit in Chicago, IL. The leadership summit prepares presidents elect and executive officers of state and local associations, commercial boards and structures, regional MLSs, national institutes, societies and councils for their future leadership roles. [Full Story]

 

Virtual Realtor home finds real fans online

Press of Atlantic City
By Kevin Post
August 24, 2008

I like stories that have something surprising about them, as I'm sure most readers do. While it's nice to have what I know or suspect confirmed, it's more valuable and maybe entertaining to find out something I didn't imagine. [Full Story]

 

Home Shopping Network: Online Real Estate Connects Virtual with Reality

New Jersey Herald
By Elisa Keller
August 17, 2008

When Cindy Harding and her husband, Joe, decided to move from Rahway to Sparta to be near their daughter, they found a new home without ever leaving their retirement community. [Full Story]

 

Groups Aim to Attract Young Members as Boomers Retire

NJBiz   
July 21, 2008

Some statewide assocations are running into a problem experienced by many companies and other organizations: the departure of aging baby boomers.

To combat the potential outflow, and resulting decline in membership, associations are reaching out to more young people. [Full Story]

 

New Jersey Realtors dive into cyberspace

Inman News
July 2, 2008

The New Jersey Association of Realtors is diving deeper into cyberspace, purchasing virtual real estate in the online world of Second Life, building profiles on networking sites LinkedIn and Facebook, and rolling out audio podcasts for members.

The association announced that it has opened a virtual office in Second Life at http://slurl.com/secondlife/Lamprey/182/37/21. Second Life is a three-dimensional, interactive online world. Other real estate entities, including Coldwell Banker and the California Association of Realtors, are also among the "inhabitants" of Second Life. [Full Story]

 

Property Tax Appeals Are On the Rise in Jersey

Millennium Radio
By David Matthau
June 23, 2008

It was red hot for quite a while, but Jersey's housing market has been slumping for the past couple of years.

Now, an increasing number of homeowners are appealing their property tax assessments. [Full Story]

 

'REAL Story' on real estate campaign kicks off

The Daily Record
June 20, 2008

The New Jersey Association of Realtors, a nonprofit organization serving the professional needs of approximately 53,000 Realtor and Realtor associate members in the state, this week launched a public education campaign to highlight the opportunities in New Jersey's real estate market. The campaign features the theme, "Get the REAL Story" and is intended to present an accurate picture of New Jersey's real estate market, while spotlighting the many positive aspects of the current climate for consumers. [Full Story]

 

NJAREF Awards Scholarships To Area Students

New Jersey & Co.
By Betsy Kraat
June 20, 2008

The New Jersey Association of REALTORS^® Educational Foundation (NJAREF) today awarded 37 students with a total of $55,750 in scholarships to use towards furthering their education.

Scholarships this year ranged from $1,000 to $2,500 and were presented to recipients at a luncheon ceremony at The Westwood in Garwood, NJ. This year's event marks the 25th anniversary of the Foundation's scholarship awards presentation ceremony. [Full Story]

 

Benefits for N.J. seen in housing bill

Asbury Park Press
By Raju Chebium
April 16, 2008

Two House-passed measures aimed at defusing the nation's real-estate crisis would help New Jersey homeowners and the state's housing market stabilize, supporters say.

But they have powerful opponents including President Bush, who has threatened to veto one of the measures. Both pieces of legislation, which passed Thursday, await consideration in the Senate. [Full Story]

 

REALTOR^® group says no to consumer rebates: Bills would allow cash incentives for buyers, sellers in New Jersey

Inman News
By Glenn Roberts Jr.
April 16, 2008

The New Jersey Association of REALTORS^® is opposing legislation that would allow real estate brokers and agents to provide cash rebates or other gifts to buyers and sellers.

Members of the state's Real Estate Commission, a regulatory agency that enforces licensing law in the state, has considered the legislation but hasn't yet announced a position. [Full Story]

 

The Real (Estate) Deal: All you need to know about the South Jersey real estate market

South Jersey Magazine
By Nick DiUlio
April, 2008

This surreal real estate market is sort of a lesson in physics: The bigger they are, the harder they fall.

And if you jet amid the affluent and elite crowd who can afford to fall far without to much distress to your bank book, like a Mr. Terrell Owens, perhaps you've heard of him, the hurt doesn't come so much in the landing but rather in the realization that letting go of a $4 million dwelling in this market brings with it a $4 million headache. [Full Story]

 

NJAR^® Featured in National News Media

ABC World News with Charles Gibson
CBS Early Show
March, 2008

Members of the NJAR^® Leadership Team were featured on national news media outlets during the last week of March, 2008. On March 25 Immediate Past President William Hanley appeared on ABC World News with Charles Gibson at 6:30 p.m. First Vice President Robert Southwick appeared on the CBS Early Show on March 26 at 8 a.m. NJAR^® Communications staff made the arrangements for both members to discuss the positive performance of the northeast housing market in the NATIONAL ASSOCIATION OF REALTORS^®' February Existing Homes Sales report. Hanley and Southwick also provided input on their respective local housing markets in Middlesex and Mercer Counties.

 

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