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Disclose Personal Relationships and Safest to Disclose Business Relationships

2018-03-28T10:50:58-05:00March 28th, 2018|Legal FAQs|

Safest to Disclose Business and Personal Relationships NAR ethics requires disclosure of personal relationships. What about business relationships? In this Pennsylvania case, the safe answer for risk management purposes is to disclose business relationships. https://www.nar.realtor/legal-case-summaries/breach-of-fiduciary-duty-claims-denied With the market doing well and inventory being tight, SCR hotline is hearing about investor flippers using equitable ownership interests… Continue Reading Disclose Personal Relationships and Safest to Disclose Business Relationships

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Books in Brief: Lighting the Path to Housing Equality

2018-03-26T15:34:51-05:00March 26th, 2018|NAR|

No matter how passive it may seem, reading is an activity. It can be an acknowledgement, a political act, an act of remembrance—and at its best, it’s often all three wrapped into one. April 11, 2018 will mark 50 years since President Lyndon B. Johnson signed the Fair Housing Act into law. So much has… Continue Reading Books in Brief: Lighting the Path to Housing Equality

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February 2018 Existing-Home Sales

2018-03-26T15:32:04-05:00March 26th, 2018|NAR|

NAR released a summary of existing-home sales data showing that housing market activity this February bounced back 3.0 percent from last month and rose 1.1 percent from last year. February’s Existing-Home sales reached 5.54 million seasonally adjusted annual rate. The national median existing-home price for all housing types was $241,700 in January, up 5.9 percent… Continue Reading February 2018 Existing-Home Sales

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Warning for Legal Info Online

2018-03-26T13:43:22-05:00March 26th, 2018|Legal FAQs|

SCR information posted online is subject to change over time due to changes over time in: state/federal/local case law SC General Assembly law changes LLR SC Real Estate Commission opinions/orders/guidance/warnings Federal law changes NAR Code of Ethics Changes Magistrate/judges alerts/warnings/issues/statements SC Bar/SC Supreme Court alerts/warnings/issues/statements So, always consider how old any legal post states in… Continue Reading Warning for Legal Info Online

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Infrastructure Improvement Means Real Estate Activity

2018-03-22T14:13:01-05:00March 22nd, 2018|NAR|

When the Trump administration released its $1.5 trillion infrastructure plan last month, it set in motion a multi-year process that could eventually lead to considerable investment in communities. Of course, Congress must pass legislation to make much of it happen. Although there are some parts that the administration can do on its own, a lot… Continue Reading Infrastructure Improvement Means Real Estate Activity

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Steel and Aluminum Tariffs Expected to Have Most Impact on Construction and Motor Vehicles

2018-03-22T11:35:21-05:00March 22nd, 2018|NAR|

Imposing a 25 percent tariff on imports of steel  and a 10 percent tariff on imports of aluminum, even if excludes those imports from Canada and Mexico, will raise the price of newly constructed home. The United States imported $47.83 billion of steel and aluminum commodities in 2017 on product types for which tariffs will… Continue Reading Steel and Aluminum Tariffs Expected to Have Most Impact on Construction and Motor Vehicles

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REALTORS® Confidence Index Survey: February 2018 Highlights

2018-03-21T10:07:20-05:00March 21st, 2018|NAR|

The REALTORS® Confidence Index (RCI) survey[1] gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting homeownership and real estate transactions.[2] This report presents key results about market transactions from February 2018. View and download the full report here. Market Conditions and Expectations The REALTORS® Buyer… Continue Reading REALTORS® Confidence Index Survey: February 2018 Highlights

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