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Restart Our Community

posted: 06/04/2020

To help build momentum for restarting our local economy, the East Mississippi Business Development Corporation, the City of Meridian and Lauderdale County are announcing a Restart, Restore, Recover campaign.

Goal for this campaign is to help build momentum and confidence as we reopen and support local businesses in Meridian and Lauderdale County.

“We want to responsibly restart our local economy, help restore jobs and services, and recover our quality of life,” said EMBDC President and CEO Bill Hannah.

Promotion of this campaign includes a newly created logo for Restart, Restore, Recover. We’re encouraging businesses, individuals, governmental agencies and other interested parties to use the logo on their websites, mailings, ads, invoices and promotional materials, etc. Displaying this logo is one way for everyone to show support for restarting our local economy.

Support Meridian and Lauderdale County businesses as we Restart, Restore, Recover. It’s easy! Just click on the link and download the Restart, Restore, Recover logo. Put it on your website, your mailings, your ads, your invoices, your promotional materials, your forehead – wherever you can to boost our local economy and community.

Access logos here: https://www.embdc.org/restart-our-community/

 

 

 

 

 

 

Congress Clears Latest Coronavirus Relief Bill to Replenish Funding

posted: 04/24/2020

The U.S. House passed legislation Thursday, April 23, providing a fresh round of funding for coronavirus small-business relief programs championed by the National Association of REALTORS® and available to REALTORS® through the CARES Act. The Senate passed the bill on Tuesday, April 21.

President Trump is expected to sign the measure, which will clear the way for lending to resume as early as Friday, April 24 under two Small Business Administration programs, the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) Program.

Under the agreement, the PPP will receive $310 billion in new cash, while the EIDL fund will receive an additional $60 billion. The bill sets aside $60 billion of the PPP funding for small and medium-sized community banks, which will provide extra help for self-employed individuals and small businesses that don’t have relationships with larger banks.

 

Read More Here: https://www.nar.realtor/political-advocacy/congress-clears-latest-coronavirus-relief-bill-to-replenish-funding

Report: 8.3M First-Time Buyers Are Coming

posted: 11/18/2019

A surge in first-time home buyers is expected to hit the housing market over the next three years. About 8.3 million first-time buyers are projected to enter the mortgage market between 2020 and 2022, predicts a new report from TransUnion. That marks a jump from the 7.6 million first-time buyers that were added in the previous three-year period between 2016 and 2018.  Read More Opens in New window

Affordable Housing

posted: 06/27/2019

Office of the Press Secretary

FOR IMMEDIATE RELEASE
June 25, 2019

PRESIDENT DONALD J. TRUMP IS TEARING DOWN RED TAPE IN ORDER TO BUILD MORE AFFORDABLE HOUSING

"We're lifting up forgotten communities, creating exciting new opportunities, and helping every American find their path to the American Dream" – President Donald J. Trump

There's no I in the word REALTOR

posted: 05/20/2019

As leaders of Associations and MLSs, it is imperative that every Board member, CEO and Association Executive remember their core goal – to help REALTORS® thrive for the long haul by arming them with the best information, service, and support we can.  Read More

MARPAC Fitch

posted: 05/08/2019

Mississippi Association of REALTORS® Political Action Committee (MARPAC), the political arm of the Mississippi REALTORS®, announces its endorsement of Lynn Fitch for Attorney General of Mississippi.

MARPAC Hosemann

posted: 05/08/2019

Mississippi Association of REALTORS® Political Action Committee (MARPAC), the political arm of the Mississippi REALTORS®, announces its endorsement of Delbert Hosemann for Lieutenant Governor of Mississippi.

Thats who we R

posted: 02/27/2019

“That’s Who We R” serves as a reminder of what NAR has always stood for, while signaling where the organization is heading. For REALTORS®, the campaign is a rallying cry that instills pride in their everyday actions. For consumers, it’s an education about the REALTOR® difference. 

[YouTube Video]
[Official Announcement]
[Tell Your Story]

Chutes & Ladders

posted: 02/21/2019

A tremendous amount of energy and money has been invested into moving consumers from a digital experience into an agent relationship. Consumer research performed by the National Association of REALTORS® regularly indicates that consumers start their process of buying or selling online before connecting with a Realtor®. I do not think anyone denies it.  Read More

Double Pane Windows

posted: 02/21/2019

The other night I was driving down a main thoroughfare near where I live, and the traffic was heavy. This street is less than 500 yards from our home. And while we’re not adjacent to it, when we bought our house over 20 years ago, we were concerned about traffic noise.

Yet in the winter, we never hear the traffic. It’s mainly because we have double-pane windows.  Read More

Realtors Release New Vision

posted: 02/17/2019

WASHINGTON (February 7, 2019) – With over 400 people on hand for the National Association of Realtors®’ Housing Finance Reform Policy Forum, NAR today unveiled a new vision for reforming the GSEs.  Read More

The Risks of Using Square Footage From Tax Records

posted: 01/30/2019

Every agent and broker knows they SHOULD have accurate square footage that they measured themselves or hired a professional for, yet many today still rely on square footage listed in public records without any verification of accuracy.  Read More

Existing-Home Sales See 6.4 Percent Drop in December

posted: 01/29/2019

WASHINGTON (January 22, 2019) – After two consecutive months of increases, existing-home sales declined in the month of December, according to the National Association of Realtors®. None of the four major U.S. regions saw a gain in sales activity last month.  Read More

Homeownership Part of “American Dream”; Housing Costs Deterrent for Non-Owners

posted: 01/29/2019

WASHINGTON (January 14, 2019) – Homeowners and non-homeowners both strongly consider home ownership part of the American Dream.  Read More

NAR Seeks Realtors® Who Volunteer to Apply for the 2019 Good Neighbor Awards

posted: 01/26/2019

WASHINGTON (January 23, 2019) – Many Realtors®, members of the National Association of Realtors®, go beyond helping consumers buy and sell homes by giving back to their communities through volunteer work.  Read More

Treasury, IRS Give Big Win to Real Estate Professionals in Qualified Business Income Rule

posted: 01/26/2019

WASHINGTON (January 22, 2019) – Late last week, the Treasury Department and the Internal Revenue Service issued final regulations regarding the new 20 percent deduction on qualified business income.  Read More

LEAD in 2019

posted: 01/09/2019

L is for Leadership

  • Seek and create opportunities for leadership.
  • Engage and employ your talents and gifts to improve circumstances and outcomes.
  • Pursue leadership opportunities in your community, your business, your church, your association.

FEMA Flood Insurance Reversal

posted: 01/08/2019

In a critical win for home sales while the partial shutdown of the federal government is ongoing, the Federal Emergency Management Agency will issue and renew flood insurance policies, reversing an unexpected and controversial ruling the agency released earlier this week.


Applications MREC & MAB

posted: 01/03/2019

The MAR Executive Committee will be making recommendations to Governor Phil Bryant during the 2019 legislative session for REALTORS® to serve as appointees to the Mississippi Real Estate Commission and to the Mississippi Appraisal Board.

Flood Insurance

posted: 12/03/2018

NAR is continuing to work with Capitol Hill lawmakers to pass legislation to reauthorize the National Flood Insurance Program, which is set to expire on Nov. 30. The association is also engaging with federal officials on ways to reform the program and remove regulatory obstacles to the issuance of private flood insurance policies. NAR President John Smaby outlined the association’s position on flood insurance in a Nov. 26 op-ed piece in The Hill newspaper.  Note:  Links open in new window

Rates 6.9%

posted: 12/03/2018

The maximum conforming loan amount that Fannie Mae and Freddie Mac can back will increase to $484,350 from $453,100 in 2019, a 6.9 percent increase, the Federal Housing Finance Agency announced. For high-cost areas, the limits—which are also used to define FHA limits—will rise to $726,525 from $679,650. “Without this assurance that loan limits keep up with home price growth, borrowers across the country risk being pushed out of the market altogether as mortgage rates and rising home prices continue to hold back potential homebuyers,” NAR President John Smaby said in a statement applauding the government’s announcement. Determine your area’s limit.  NOTE:  links open in new windows.

Internet MS

posted: 12/03/2018

Mississippi REALTORS® #1 Legislative Priority for 2019 is to Expand Internet Access to Rural Areas in Mississippi. REALTORS® believe communities flourish when they offer a high quality of life at a reasonable cost. Livable communities offer a variety of affordable housing choices, nearby employment opportunities, an economically viable commercial sector, great schools, and infrastructure that provide the framework for the quality of life we enjoy in our communities. To promote livable communities, the government should encourage quality growth by amending outdated laws that prohibit Electric Cooperatives from providing high speed internet access to rural areas of Mississippi.  Read More opens in new window.

 

 

Appraisal Threshold

posted: 12/03/2018

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation have released a proposed rule that would increase the threshold for residential real estate transactions requiring an appraisal from $250,000 to $400,000.  Read More opens in new window.

Housing Market

posted: 12/02/2018

Why mortgage debt surpassing borrowing that occurred before the housing crash isn't a problem.  Read more opens in new window.