Higher interest rates this month may be spooking borrowers. Total mortgage applications for refinancings and home purchases dropped 6 percent on a seasonally adjusted basis for the week ending Oct. 7, the Mortgage Bankers Association reported Wednesday. The 30-year fixed-rate mortgage rose to 3.68 percent last week, up from 3.62 percent the week prior, the … Read more
The Green Mountain Association of Realtors® has selected Kendall McCausland as its 2016 Realtor® of the Year (ROTY). “Kendall’s leadership has played a key role in the success of the Green Mountain Association of Realtors®,” said Lisa Meyer, 2016 GMAR president. “She has demonstrated a strong commitment to the betterment of our profession and to … Read more
VR will host its first Realtor® Success Rally on October 26-27 at the Sheraton Hotel and Conference Center in Burlington. This rally is shaping up to be one of the most exciting events in VR’s history! The lineup of speakers reads like a who’s who of the real estate industry. The rally will kickoff with … Read more
Real estate professionals experiencing trouble receiving copies of the closing disclosure under federal closing rules that took effect last year for residential real estate transactions should see relief under proposed changes and clarifications to the rules the federal government released in late July. The Consumer Financial Protection Bureau, which revised longstanding closing procedures last year … Read more
During the 2016 legislative session, Vermont lawmakers passed a Transportation Bill that will develop the Vermont Statewide Property Parcel Mapping Program. The Vermont Agency of Transportation is providing funding for the project, which will create a statewide, consistent, and up-to-date GIS database of parcel boundaries. The ongoing program will help to ensure that the data … Read more
The Green Mountain Association of Realtors® (GMAR) is seeking candidates to serve as officers on its Board of Directors. GMAR is seeking qualified candidates for the following positions: 2017 Vice-President 2017 Treasurer 2017 Secretary Any Realtor® in good standing may submit a candidacy to the Credentials Committee for any of the three open positions. To … Read more
The Green Mountain Association of Realtors® is now accepting nominations for its 2016 Realtor® of the Year (ROTY). This prestigious award recognizes a Realtor® member who is a leader in the real estate industry and in their community. Nominations are due by 5pm on August 5, 2016. Nominations can be emailed to Isaac Chavez at … Read more
The United States Senate is missing an opportunity to improve housing markets across the country, and we need your help to tell them to get to work and make homeownership a priority! Take action now to urge your Senators to pass H.R. 3700, the “Housing Opportunity Through Modernization Act of 2016,” a bill that makes … Read more
Each year, a delegation of members from Vermont Realtors® participates in the National Association of Realtor’s® Legislative Meetings in Washington, D.C. This meeting gives members an opportunity to take an active role to advance the real estate industry, public policy and the Realtor® association. Members participate in special issues forums, committee meetings, legislative activities, and … Read more
Facebook friends can be a powerful motivator when it comes to home ownership, according to a report by the National Bureau of Economic Research. Researchers found that Facebook users whose friends had a positive home ownership experience are more likely to be influenced to buy a home of their own. Consumers who had online networks post … Read more