From the National Association of REALTORS (NAR): This week, NAR joined a coalition letter encouraging the National Economic Council to support the reduction of the annual mortgage insurance premium (MIP) for borrowers with Federal Housing Administration (FHA) insured loans. The letter comes...
Throughout the year, the Akron Cleveland Association of REALTORS may accept Placemaking Grant applications from municipalities and non-profits in Cuyahoga County, Portage County, or Summit County. What is a Placemaking Grant? Placemaking Grants fund projects that create new,...
Last month, the Ohio REALTORS (OR) Winter Conference included a session with representatives from the Ohio Division of Real Estate (ODRE). The topic was real estate wholesaling. While Ohio REALTORS is taking up the issue, the ODRE is also looking into the matter as concerns have been raised...
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The Federal Housing Finance Agency (FHFA) recently announced changes to Fannie Mae and Freddie Mac’s (the Enterprises) multifamily radon standards. NAR commented on this proposal in 2021 to express concerns about the cost and regulatory burden of these requirements. The new standards will go...
The National Association of REALTORS (NAR) submitted comments to the Appraisal Subcommittee in response to its hearing on appraisal bias that took place on January 25th, 2023. The letter lays out NAR's commitment to fair housing and efforts to confront racial bias and discrimination in real...
National Association of Realtors® President Kenny Parcell issued the following statement in response to the Biden Administration’s tenant-centered action plan: “Rents are rising, driven by inflation and exacerbated by the housing supply shortage. We encourage the Administration to look more...
Since the COVID-19 pandemic began and stay-at-home orders were put into place, rental housing has been in the spotlight, with attention staying on even after residents returned to work due to new challenges from a housing supply shortage and rising inflation. The Biden Administration is...
Last summer, the City of Green began the process of updating its Exterior Property Maintenance Code. Many members of the public, including the Akron Cleveland Association of REALTORS (ACAR), attended public hearings to share concerns about the language originally proposed. After many rounds of...
Annually, the REALTORS ® Political Action Committee (RPAC) trustees spend days upon days fundraising. However, the most important responsibility the trustees have is evaluating selected candidates in Cuyahoga, Portage, and Summit Counties to determine whether they (the candidates) are REALTOR ®...
Pay to Stay Ordinances A handful of municipalities throughout Ohio have enacted pay-to-stay ordinances. These policies gained steam during the pandemic as emergency rental assistance became available. In cities where the policy exists, tenants have access to this affirmative defense in...
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