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Real Estate Services Update

The Real Estate Services (RES) Update is designed to keep diversified real estate firms and their agents informed about issues affecting their businesses. This monthly newsletter includes legislative and regulatory updates, news on industry trends, and the latest information on NAR activities as they affect diversified real estate firms.

November 21, 2013
Senate Finance Committee Chairman Max Baucus (D-MT) released a draft tax reform proposal today, which included several provisions that would affect current tax provisions for commercial real estate in a negative way.
October 4, 2013
13 Senators last week sent a letter to FHFA Acting Director DeMarco urging him not to lower the Freddie Mac and Fannie Mae loan limits.
October 4, 2013
On Oct. 1, 2013, The National Association of REALTORS® hosted a Valuation Summit in Washington, DC.
October 4, 2013
Earlier this past summer, NAR President Gary Thomas appointed a Presidential Advisory Group (PAG) to investigate the impacts that federal legisation passed last year to reform the National Flood Insurance Program (NFIP) will have on the real estate industry and property owners.
September 27, 2013
On September 27th, FHA announced that it would take a $1.7 billion draw from the Treasury to meet their 30-year reserve requirement.

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