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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April is Fair Housing month

Equal opportunity in housing means communities are open, welcoming and free from any kind of discrimination and the National Association of REALTORS® is a firm supporter of these rights. April is the month dedicated to recommitting to the goal set forth by the passing of the 1968 Fair Housing Act following the assassination of Dr. …

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UPDATE: City sign ordinance pulled from Tuesday’s council meeting agenda.

YOUR VOICE HAS BEEN HEARD! Due to an overwhelming response from Scottsdale’s REALTOR® community, the efforts of SAAR’s Government Affairs Committee and collaborations with REALTOR® champion council members, agenda items 16 and 17 regarding sign ordinance text amendments have been pulled from the agenda for this Tuesday’s council meeting (3/21/17). The proposed modifications to the …

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URGENT! Proposed new Scottsdale sign ordinance detrimental to local real estate

[Please see the updated message from SAAR published March 20, 2017] The Scottsdale City Council is being presented with a new proposed text amendment to its existing sign ordinance this coming Tuesday, March 21, at the city council meeting.  The new proposed amendments however are practically a complete rewrite of the whole ordinance. It is …

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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. 1 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, …

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Panama Papers shed light on money laundering in U.S. luxury home market

In February, we briefed you on the concerns of “terrorism financing” and money laundering the luxury home market. Now, with the outing of 11 million internal documents – dubbed the “Panama Papers” – the issue is back in the spotlight and has a little more data to back up the claims that $1 million+ cash deals …

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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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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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