• NOW is the time to TAKE ACTION! Senate to act on the tax reform legislation

    If you have not done so already, it is more critical than ever to take part in the NAR “Call for Action”, which will continue until the Senate acts on the Tax Reform legislation.  The House of Representatives passed H.R. 1, the Tax Cut and Jobs Act, early Thursday, Nov.16, in a final vote of 227-205 […]

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  • Tax Reform Legislation

    In case you missed it, a current Call for Action and public advocacy campaign from the National Association of REALTORS® has been issued to urge Congress to pass meaningful reform and protect homeownership. Here are the facts: NAR is working to ensure that tax reform proposals do not raise taxes on homeowners, particularly middle class homeowners. […]

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  • New temporary sign ordinance approved, a REALTOR® win!

    By:  Suzanne Brown, Director of Community & Government Affairs   On May 23, 2017, the Scottsdale City Council, in a 7-0 vote, approved the new REALTOR® supported text amendment for the Temporary Signs portion of the city’s sign ordinance. The Scottsdale Area Association of REALTORS® (SAAR) has been working diligently with city staff and the […]

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  • 2017 REALTOR® Legislative Meetings

    As we approach the 2017 REALTOR® Legislative Meetings in Washington D.C. (May 15-20); we are preparing for all of the issues of critical importance to be discussed with our Members of Congress. Several issues have emerged which if enacted through legislation, will be highly disruptive to real estate markets across the nation. Among the most prominent issues […]

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  • 2016 Post Elections Coverage | Impact on the Real Estate Industry

    2016 Post Elections Coverage | Impact on the Real Estate Industry In hundreds of races around the country, from governorships to state legislatures to city councils, REALTORS® have gotten involved in support of REALTOR® Champions—candidates who understand the importance of real estate in creating vibrant communities. What does this involvement look like?  REALTORS® have used local, […]

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  • REALTORS® of Maricopa County Endorse Tomorrow’s Leaders

    Maricopa County (July 11, 2016) – The REALTORS® of Maricopa County Candidate Review Committee announced today its endorsements for races in Maricopa County. When making the decision of whom to endorse, the group considered each candidate’s strengths in the areas of economic development, transportation, private property rights, economic vitality, housing opportunities, community safety, preserving the […]

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  • New AZ Legislation Stops Municipalities From Banning Short-Term/Vacation Rental

    On May 13, 2016, Governor Doug Ducey signed into law SB 1350, which prohibits municipalities from banning the listing and use of short-term rentals.  Prior to SB 1350, short-term rentals were essentially “flying under the radar” in most areas of the Valley, including Scottsdale, which prohibited less than 30 day rentals. Despite city ordinances, online […]

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    New money laundering and terrorist financing concerns

    Luxury Housing and Commercial Real Estate transactions are drawing federal attention!  This is thanks to the rate of $1 million and up cash deals going on in these markets.  Cash transaction are perfect targets for money laundering and means for terrorist financing, as identified by the Financial Crimes Enforcement Network (FinCEN) at the Treasury Department. […]

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  • House Unanimously Passes Condo Bill

    On February 5, 2016, the National Association of REALTORS® (NAR) reported that the US House of Representatives unanimously passed the “Housing Opportunities through Modernization Act” – also known as the “Condo Bill” – with a 427-0 vote! The Act includes three major provisions supported by the REALTOR® association: The legislation solves a number of concerns […]

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  • Desert Discovery Center Scottsdale Operating Agreement and Feasibility Study Approved

    Thanks to our over 100 members who responded to our Call for Action regarding the Desert Discovery Center, the Scottsdale City Council voted 6-1 on January 11th to approve Resolution No 10261 as amended. The meeting on the evening of January 11th, was long, heavily debated and host to a packed house. Speakers ranged from […]

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  • Urgent call for action: Scottsdale City Council votes Jan 11

    Act now on this urgent call for action: As you may know, the SAAR Board of Directors voted in February 2014 to support the Desert Discovery Center (DDC) – an incredible, immersive experience that would draw visitors and residents alike to learn about the desert and our beautiful Sonoran Preserve. The DDC is good for your […]

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  • New 2016 FHFA scorecard released

    The Federal Housing Finance Agency (FHFA) released its annual Scorecard for Fannie Mae and Freddie Mac on December 17, 2015.   These government sponsored entities, or “GSEs,”  utilize the “Scorecard” as an agenda for setting their priorities while in conservatorship.  For 2016, the FHFA outlined these three strategic goals: Maintain, in a safe and sound manner, […]

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  • Fountain Hills’ A-Frame and Banner Sign Ordinance given 3-year extension

    On December 17, 2015, the Fountain Hills City Council voted 6-0 in approval of granting a 3 year extension to their A-Frame and Banner Sign Ordinance.  This is great news for local businesses and REALTORS® who utilize A-Frame signs!  Previously, the sign ordinance was up for an annual review and only granted a one-year extension.  Based […]

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  • Legislation passed benefiting Commercial Real Estate

    Congress passed sweeping legislation on December 18, 2015, that puts an end to many of the stop-gap funding measures known as “Continuing Resolutions,” an Omnibus appropriations bill and a tax extenders package.  This more than two-thousand pages of legislation has given Commercial Real Estate some major wins.  The President is expected to sign this into […]

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  • 25 REALTOR wins in recent Fiscal Year legislation

    Today, Congress has passed sweeping legislation of more than two-thousand pages to fund the Federal Government Fiscal Year 2016. The legislation is expected to be signed into law by the President when it arrives at the White House later today (Dec. 18, 2015). The new legislation will put an end to the series of stop-gap funding […]

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  • G-Fees Call for Action Update – REALTOR® Party Win!

    The Fixing America’s Surface Transportation Act (FAST Act) has been signed into law.  But most importantly, it has been signed into law with the G-Fees funding REMOVED! When Congress first presented the bill in July 2015, it included a proposal to fund a portion of the nation’s five year surface transportation program with guarantee fees […]

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  • Drone Ordinances: Current regulations & why cities should not adopt additional

    They are the latest and greatest in aerial tech, but as they have gained in popularity and use; so has their abuse. Unmanned aircraft systems (UAS), more commonly referred to as “drones”, are the flying portion of the system, which is operated remotely by a “pilot” via a ground control system and on-board computer with […]

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  • Short-Term “Vacation” Rentals – hot legislative topic across the country

    Homeowner Rights to do with their private property as they wish, without over-regulation Rental income, investment property purchases Homeowner Rights to protect from devaluation of property values and perceived negative neighborhood character or livability changes due to: Revolving door of unknown neighbors; having new tenants every week Noise issues from parties held by short-term tenants; […]

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  • Call for Action: Stop Congress From Taking Money From Future Homeowners

    The House of Representatives Transportation and Infrastructure Committee is considering legislation to reauthorize surface transportation programs. One proposal would use Fannie Mae and Freddie Mac’s credit risk guarantee fees (g-fees) to fund transportation programs. The National Association of REALTORS® (NAR) strongly believes that taking g-fees would also prevent Fannie Mae and Freddie Mac from effectively […]

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  • Is your Marketing Service Agreement compliant?

    Most of us have heard of the Consumer Financial Protection Bureau (CFPB) and that it is not only coming to town… it is already here.  Thus, now is the time for all professionals in the real estate field to learn how to stay out of CFPB jail! The Consumer Financial Protection Bureau (CFPB) is an […]

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  • Realtor® Association supports the 2015 Scottsdale bond election

    Vote “YES” on Questions 1-6 SCOTTSDALE, AZ (October 8, 2015) The Scottsdale Area Association of REALTORS® (SAAR) officially announces its endorsement of the Scottsdale 2015 Bond Election, which will help protect Scottsdale’s quality of life and property values. “All responsible homeowners periodically invest in improvements to maintain property values and livability,” mentioned Sue Barnes, Chairman […]

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  • HUD releases new guidelines to FHA financing

    As of September 14th, 2015 – HUD is releasing some new guidelines that relate to FHA financing that could impact the lending and appraisal process.  While the majority of these changes will affect lenders and appraisers, there are a number of things that REALTORS® showing homes to FHA buyers will want to be aware of. […]

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  • What really happens on October 3, 2015?

    Starting on October 3, any loan application completed that day or thereafter, will be under the new CFPB rules.  These new rules create new documents and change the residential closing process. Even though the new rules are effective October 3, we will not know many of their effects on the closing process until November, because most […]

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  • Saving Arizona homeowners $20.2 million

    The REALTORS® of Arizona have already put in a lot of leg work advocating the protection of Arizona business and private property rights this year in the 52nd, 1st Regular Legislative Session.  The Arizona Association of REALTORS® can add to their already impressive record, that they successfully protected the homeowners rebate from cuts in the […]

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  • Legislative Update – June 5, 2015

    Consumer Financial Protection Bureau (CFPB) announces it will be “sensitive” on enforcing the new Truth-in-Lending Act/RESPA Integrated Disclosure (TRID) requirements. The changes will still go into effect on August 1, 2015, as scheduled; however, implementation errors from those working in good faith to be in compliance with the CFPB will be given some leniency. The […]

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  • Arizona REALTORS® join thousands to advance key housing issues and priorities in Nation’s Capital

    Realtors® and leaders from the Arizona Association of Realtors® joined nearly 8,500 other guests from across the country in Washington, D.C., last week to attend the 2015 Realtor® Legislative Meetings & Trade Expo. While in the nation’s capital, local participants met with Senator Jeff Flake, Congressman David Schweikert, Congresswoman Kyrsten Sinema, Congressman Raul Grijalva, Congresswoman […]

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  • Hot topics from NAR’s 2015 Legislative Conference

    The National Association of REALTORS® (NAR) recently held its annual REALTORS® Legislative Meetings & Trade Expo. Commonly referred to as “MidYear”, these meetings are where NAR members take an active role to advance the real estate industry, public policy and the association. REALTORS® gathered in Washington, DC, for special issues forums, committee meetings and legislative […]

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  • RAPAC Victory for Arizona REALTORS®… Keeping $$ in your pocket!

    Recently a bill was introduced ( SB 1368 ) which, “prohibits cities and towns from requiring real estate brokers or salespersons to obtain any additional business license,” for the conducting of business within the municipality.  Several Arizona cities had already begun adopting licensing requirements which require any ‘1099-Independent Contractors’ to hold additional individual business licenses within […]

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  • Sign, Sign, Everywhere a Sign

    I was driving with my husband down Scottsdale Road in Cave Creek recently, and this song popped into my head as I saw all the open house signs displayed. Obviously this is a “sign” of better real estate times and a good indication that inventory shortages are starting to ease. However, the tune in my […]

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