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Sussex Realtors Attend National Conference in San Diego

 

As they do every year, a contingent from the Sussex County Association of Realtors (SCAOR) spent several days recently with thousands of their colleagues from throughout the country at the annual convention of the National Association of Realtors (NAR).

SCAOR 2015 President Fred Dean, along with past presidents Brad Riedle, Bob McVey and Bruce Plummer, incoming president Frank Serio, incoming president-elect Brigit Taylor and Chief Executive Officer Ruth Briggs King were in San Diego from Nov. 13-16, attending educational seminars on issues of importance to the nation’s real estate community.

“Realtors are known for their efforts in advancing real estate policies and strengthening local communities, and that work ripples out in ways that have a broader impact, says Dean. “The conference was another opportunity for me and other Realtors to reflect on the successes we shared this year and strategize to further build on those efforts in 2016. “That means redoubling the efforts to keep real estate matters at the front of the political agenda and solving issues that are holding back a full restoration of the nation’s real estate markets.”

Every November, Realtors from across the United States come together for the annual four-day conference and expo. The gathering includes more than 100 educational sessions, most led by speakers who are experts in their respective fields.

There are also hundreds of vendors on hand, presenting tools for Realtors, as well as networking opportunities and special events. This year’s theme was “Be Here. It’s Your Time to Shine,” meant to build on the momentum established in recent years of recovery and growth nationwide. Among the panelists and speakers at the 2015 convention were NAR Chief Economist Lawrence Yun, Federal Housing Administration Principal Deputy Assistant Secretary Ed Golding, Charlie Cook, political analyst and publisher of the “Cook Political Report,” Jonathan Corr, president and CEO of Ellie Mae and Jim Costello, senior vice president of Real Capital Analytics.

There were also senior staff members on hand from the Consumer Financial Protection Bureau, Federal Aviation Administration and Moody’s Analytics.

Approximately 20,000 Realtors and guests attended the 2015 convention. The Sussex County Association of Realtors was chartered in 1949 and has steadily grown in size, scope and mission during its more than six decades in Sussex County. It is a professional trade association with goals of carrying out a program of education and advocacy for real estate in the county.

SCAOR is a resource for the public, as well as a recognized advocate for property rights and property owners in Sussex County. The association also monitors legislative issues on the local, state and national levels that may impact home ownership in the area.

 

Join Us For a Trip to the Big Apple!

 

 

Want to experience New York City during the beauty & wonder of the Christmas season? Love the idea of experiencing all the sites, shows, and shopping of the Big Apple, but hate dealing with the stress & hassle of all that traffic and driving?

Now you can!

Go shopping, see the sites, or just take in a show, and leave the driving to us. Enjoy a fun, relaxing day-trip to NYC aboard one of the nicest buses you’ve seen.   We’ll be leaving from SCAOR at 6:30 AM on Thursday, December 10th, for a refreshing, self-guided trip to NYC. There’ll be stops at Radio City Music hall & 45th St. We’ll return to SCAOR at 10PM the same day.   Tickets will go fast, so be sure click here to grab yours today!

 

NYCity Tour

 

 

Our Condolences for the Family of Phyllis B. Maher

Our thoughts, prayers, and condolences go out to the family of REALTOR® Betty Mann Beebe’s sister-in-law Phyllis B. Maher regarding her passing.  The Cape Gazette’s Story states:

Funeral Services will be held Saturday, Oct. 17, at 11 a.m., at Parsell Funeral Homes & Crematorium, Atkins-Lodge Chapel, 16961 Kings Highway, Lewes, where friends may call beginning at 10 a.m. Interment will follow services at Epworth Methodist Cemetery, 19285 Holland Glade Road, Rehoboth Beach.

Click here to read more of Phyllis’s story.

Call to Action! – Stop the Housing Tax for Transportation

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Congress is considering a proposal that would create a tax on all potential homeowners and consumers looking to purchase or refinance a mortgage.

By increasing Fannie Mae and Freddie Mac’s credit risk guarantee fees (g-fees) to fund transportation programs, Congress would disturb the housing recovery.  Now is not the time to raise the cost to purchase or refinance a home.

NAR strongly believes that taxing homeowners to pay for transportation programs places an unnecessary long-term burden on consumers and this action will disproportionately impact low and moderate income borrowers, as well as first-time homebuyers.

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What Problems Are Hurting Your Real Estate Teams?

Screen Shot 2015-10-15 at 9.44.51 AMControl issues, fear, conflict.
We’ve all had to deal with them.

REALTOR® Magazine has a wonderful article worth checking out regarding managing the dynamics that make up your team.  This article mentions some great approaches to helping to get around many of the common obstacles that befall many REALTORS®.  If you have a minute, Check out the post here.

2nd Quarter Marketing Report

Mid-Year Report Very Positive

Second quarter sales data released recently by the Sussex County Association of Realtors (SCAOR) indicates a southern Delaware real estate market that has caught fire in recent months, showing significant gains over the same period in 2014.

Through the first six months of 2015, more than 2,000 residential homes have been sold in Delaware’s southernmost county, a huge year-to-year jump not only in volume, but also in terms of sales price.

In all, 2,049 homes were sold between January and June. This is a 49 percent increase over 2014 in number of homes sold, with properties also selling for an average of 20 percent more in terms of final settlement price.

In the first half of the year, the average three-bedroom home in the county is selling for a median price of $360,780, while the average amount of time on the market has dropped to an average of just 105 days.

In total, more than $511 million worth of real estate has changed hands during the first six months of 2015, in the single family market alone. Additionally, more than $143 million in condo/townhome sales were completed during the first half of the year and more than $4.6 million in mobile home sales.

The lots/land and commercial segments are also up double digits from a year ago, with commercial real estate showing a 53 percent increase in sales volume and a staggering 72 percent increase in total sales.

So far in 2015, Sussex Co. REALTORS® have sold 2,541 properties!!

Sussex County Association of Realtors

Phone: 302-855-2300 | Fax: 302-855-2319

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