January 20, 2022 MLS Updates Marcia Stirling
What You Need To Know About The New NAR MLS Rules & Policies
The following is a summary of the changes to MLS policy or rules for Association-owned MLS’s that went into effect on January 1, 2022.
The following is a summary of the changes to MLS policy or rules for Association-owned MLS’s that went into effect on January 1, 2022.
The Federal Housing Finance Agency (FHFA) recently announced targeted increases to Fannie Mae and Freddie Mac's (the Enterprises) upfront fees for certain high balance loans and second home loans.
The Board of Registration of Brokers and Salespersons has released an updated Mandatory Licensee-Consumer Relationship Disclosure. The update disclosure clarifies that in the absence of a personal meeting between the licensee and the consumer, the form must be presented no later than the licensee entering into a contract with the consumer.
Rising Home Prices Spur Tremendous Growth in Conventional Loan Limits
According to preliminary data released last week by the Cape Cod & Islands Association of REALTORS® (CCIAOR), 473 homes sold in October, 365 single-family homes and 108 condominiums. Median sales price was $640,000 for single-family homes and $415,500 for condominiums.
The Cape Cod & Islands Association of REALTORS has elected its 2022 leadership and new directors. The leadership team and newly elected directors join the returning directors to make up the 13-member governing board that sets the framework for the Association's mission and strategy as it shapes the region's real estate industry.