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REALTOR® HQ to turn into “world-class property”

The NAR Board of Directors has voted unanimously to “turn the association’s headquarters into a world-class property that is intended to become the next destination building in the iconic Chicago skyline.” The vote allows “exploration” of the project, meaning the association can begin more detailed talks with its unnamed developer partner.

According to the association:

New fair housing protection added to Code

NAR’s board of directors has voted to add “gender identity” to the list of fair housing protections included in the Code of Ethics. This follows a 2011 change to the Code that added sexual orientation protection.

Article 10 of the NAR Code of Ethics now reads:

NAR works with Habitat for Humanity

NAR has had close ties with Habitat for Humanity for more than a decade, and this year was no exception. To kick off the REALTORS® Conference & Expo in San Francisco, extreme swimmer (and CEO of REALTOR® of Excellence) Toni Enderli of Cape Town, South Africa will swim from Alcatraz to San Francisco on Monday, Nov. 11 (8:00 a.m. EST), with the goal of raising $10,000 for Habitat For Humanity of Greater San Francisco.

Veterans Day: November 11

Monday, November 11, is Veterans Day — a date America has set aside to honor the men and women who have served our country’s military. It’s a time for all of us to take an extra moment to consider the sacrifices millions of Americans have made for the past 237 years.

From the brave Patriots who answered the call to secure our Country’s independence, to the men and women protecting our liberty and honor in the deserts of the Middle East, the mountains of Afghanistan, and around the world today, we should never forget those who have kept us free.

But it is more than the soldiers, sailors, Marines, airmen, and Coast Guardsmen we need to think about. The sacrifices of their families — husbands, wives, brothers, sisters, and children — are all too often overlooked.

Pat Kline named NVAR REALTOR® of the Year

Pat Kline, a broker with Avery Hess in Fredericksburg, was named REALTOR® of the Year by the Northern Virginia Association of REALTORS®

Kline is a former chairman of the NVAR board, and she has been a member of the association’s executive committee for the past four years.

“Pat Kline is always there for our association, her agents and clients, her colleagues and family,” said 2013 NVAR Chairman of the Board Jon Wolford. “She makes us all proud that she is a member of our NVAR family.”

Congratulations, Pat!

2013 Virginia Election Results

Last night, voters in Virginia elected a new governor, Terry McAuliffe, lieutenant governor, Ralph Northam, attorney general and House of Delegates. (As of this morning, the attorney general’s race remains too close to call.)

The Virginia Association of REALTORS® congratulates all the winners.

“Housing has and will continue to play a pivotal role in our economic recovery,” said VAR CEO Terrie Suit. “We have already begun looking for opportunities to work with everyone elected last night, Democrats and Republicans, to make sure we continue a pro-housing environment across the commonwealth.”

VAR’s new CEO covered by RIS Media

Real estate news publisher RIS Media covered the hiring of VAR’s new CEO, Terrie Suit, in an October 30 article “Terrie Suit Named to Head State Realtors®’ Association.”



Bill will postpone flood-insurance rate hikes

Key House and Senate members have reached a bipartisan deal to delay the implementation of major parts of the Biggert-Waters Flood Insurance Reform Act. The agreement — which still must be codified into a bill — will ensure the government continues to subsidize flood-insurance for many homeowners who participate in the National Flood Insurance Program (NFIP) while the impact of higher rates is studied.

The agreement is a result of concerns over the implementation of Biggert-Waters, and the effect it has had on flood insurance premiums since it was passed in July 2012.

NAR President testifies on Capitol Hill

NAR President Gary Thomas testifies before Congress on October 29.

Speaking in support of the bipartisan “Housing Finance Reform and Taxpayer Protection Act of 2013” — which provides for an explicit government guarantee for the secondary mortgage market — NAR President Gary Thomas testified before the Senate Committee on Banking, Housing and Urban Affairs today.

Sun Gazette informs readers of statewide market improvements via VAR

sun-gazette-logoDouble-digit increases in home sales were reported in every corridor across the commonwealth, according to figures reported Oct. 22 by the Virginia Association of Realtors (VAR). The market has been improving since bottoming out in mid-2011.