Blogs

May Housing Statistical Report

By Kelli Moss posted 14 hours ago
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A great new feature here on ACAR's website is a monthly recap of the housing market for the two major counties that we cover.  Each month we bring you statistics and trends such as the number of homes sold, the average sale price of homes, the average list price, the median number of days that the average home is on the market, etc.  Click on the appropriate county name or document icon to see the latest statistics. #homeforall #acar ​​​ Cuyahoga County Stats - Published June 2019 Summit County Stats - Published June 2019 Look for more features like this in the coming weeks as we roll out more ways to keep our members informed. #FeaturedPosts ...
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Welcome to the ALL NEW AkronClevelandRealtors.com

By Kelli Moss posted 12 days ago
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When switching over to this great new site, you may find that your web browser isn’t showing you everything as it should and you might get a "Page Error" here and there.  We suggest that you clear your browser’s cache and cookies from our old site.  This will enable you to establish a new connection with the new pages on the new site and everything should work seamlessly. Need step by step instructions on how to clear the cache for the web browser that you’re using?  There are several sites that will give you the step by step instructions and I have linked two of them here: https://www.refreshyourcache.com/en/home/ https://kb.wisc.edu/helpdesk/page.php?id=12384 ...
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April Housing Statistics

By Mike Valerino posted 15 days ago
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A new feature for ACAR's all new website is a monthly recap of the housing market for the two major counties that we cover.  Each month we will bring you statistics and trends such as the number of homes sold in a month, the average sale price of homes, the average list price, the median number of days that a home is on the market before being sold, etc.  Click on the appropriate county name to see this months statistics. CUYAHOGA COUNTY SUMMIT COUNTY Look for more features like this in the coming weeks as we roll out more ways to keep our members informed. #ConsumerInformation #RealtorTips #ACAR in the New
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Text Message Scam Alert!

By Design Login posted 05-14-2019
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Attention REALTORS: There’s a new scam that texts agents pretending to be their broker asking for the agent to purchase gift cards because they’re tied up at work. It will look similar to the text message shown here. Be on the look out and and report any suspicious text activity. NOTE: When REALTORS face crimes or possible crimes occurring in connection with a real estate transaction, the Akron Cleveland Association of REALTORS advises the following: Report the incident to the proper authorities immediately. Send a summary of the incident to the ACAR office at info@akronclevelandrealtors.com or to snaragon@akronclevelandrealtors.com . Make sure the ...
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Broker’s Forum Post Event Wrap-Up

By Design Login posted 05-08-2019
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Dr. Lawrence Yun, Chief Economist & Senior Vice Present of Research at National Association of Realtors (NAR) delivered his Economic and Real Estate Market Outlook at the annual ACAR Broker Forum today at St. Michael’s Woodside in Broadview Heights. Dr. Yun covered many topics in depth including GDP growth, consumer confidence, the jobs outlook and the FED, as well as the impact of mortgage rates, national existing home sales, housing starts and home price indices. If you missed this event, you can check out the replay of the Live Video on our Facebook page. Dr. Yun’s slides are also available to you by clicking HERE ! More great member events are ...
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Ohio REALTORS Voice Support for Passage of the First-Time Home Buyer Savings Act

By Design Login posted 05-07-2019
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Ohio REALTORS President Anjanette Frye offered the profession’s strong support to Senate Bill 139 — Ohio’s First-Time Home Buyer Savings Act — during a press conference on Tuesday at the Ohio Statehouse hosted by the bill’s sponsors Sen. Theresa Gavarone (R-Bowling Green) and Sen. Bob Peterson (R-Washington Court House). The measure, the top legislative priority for the REALTORS organization, will allow future generations to overcome the challenge of attaining the first rung of the housing ladder, by giving families the opportunity to put money into a tax-free savings account for their loved ones for the future purchase of a home in the state. Ohio REALTORS ...
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Update: Real Estate Tax Relief Available to Victims of Recent Storm

By Design Login posted 04-15-2019
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Summit County Fiscal Officer Kristen M. Scalise CPA, CFE has announced that real estate tax relief will be available to residents who have sustained damage to their property in the wake of the recent storm. The Fiscal Office is taking the necessary steps to provide property owners the ability to file an Application for Valuation Deduction for Destroyed or Damaged Property (Form DTE 26), pursuant to Ohio Revised Code §319.38. Form DTE 26 can be downloaded from our website. Visit http://FiscalOffice.summitoh.netand click on the link titled “Damaged Property” listed in the “Real Estate and Appraisal” column. Mail the completed form to the Fiscal Office at 175 ...
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2019 RPAC Auction Update

By Design Login posted 04-04-2019
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Our Golden Jubilee was made possible by the generous sponsorship of CrossCountry Mortgage, RE/MAX Crossroads, Goldwater Bank, Ohio Real Title, Cortland Bank, Wells Fargo, Stouffer Realty, Home Warranty of America, Chicago Title. With in-kind support from Two Men & A Truck and KIKO Auctioneers & Realty. Special thank you to our members and the many offices that contributed items to the auction block. Our efforts depend greatly on the support we receive from our brokers and affiliate offices. Every year, ACAR committees are challenged to donate an item for the auction block. The item with the highest bid determines the winner. This year, bragging ...
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Meet the Mayor: Mayor Welo of South Euclid

By Design Login posted 04-03-2019
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Welcome to ACAR’s Meet the Mayor feature! Are you a city official who would like to be featured on our blog? Please let our Government Affairs Department know! Name: Georgine Welo, Mayor Community: City of South Euclid, Ohio First elected: November 2003. Elected South Euclid’s first female mayor. Elected to City Council in 1991. Favorite thing about South Euclid: The people. South Euclid residents are caring and wonderful neighbors and make this a special place to call home. What should REALTORS® know about South Euclid: We’re close to everything. Our population is getting younger! We have a diverse and beautiful housing stock with homes ...
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Realtor Party Mobile Alerts

By Design Login posted 03-21-2019
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REALTOR® Party Mobile Alerts, NAR’s advocacy texting platform, offers REALTOR® Associations and REALTORS® a way to stay connected directly from their cell phone or tablet. When a national or state legislative call for action is launched, subscribers get a short text message, containing information to take action. Sign up today and you will also be entered to win an $250 Amazon gift card! REALTORS® can sign up for REALTOR® Party Mobile Alerts by clicking the link below or by texting the word REALTORS to 30644. Sign Up » #FeaturedPos
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Commercial Information Exchange Coming in May

By Design Login posted 03-18-2019
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The Akron Cleveland Association of REALTORS® (ACAR) is excited to announce a new Commercial Information Exchange (CIE) that will launch in May, 2019. Commercial specialists in Northeast Ohio have been clamoring for a data solution and last summer a group of brokers asked ACAR to consider creating and offering a new database platform. Early on in the process, ACAR identified, Catylist, as partner in this new and exciting venture. Catylist was chosen because they have the leading software designed to empower commercial professionals by increasing market exposure of commercial listings to brokers and the general public. Many commercial professionals in Northeast ...
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Free Help for Homeowners Who are Behind on Property Taxes

By Design Login posted 03-08-2019
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Submitted by: Summit County Fiscal Officer Kristen M. Scalise CPA, CFE Delinquent Property Tax Clinic on March 21 Free help will be available to Summit County homeowners who have fallen behind on the payment of property taxes during a Delinquent Property Tax Clinic on Thursday, March 21, 2019 from 1 to 6 p.m. at the OhioMeansJobs Center, 1040 E. Tallmadge Ave., Akron, Ohio 44310. The clinic will be hosted by Summit County Fiscal Officer Kristen M. Scalise CPA, CFE, HFLA of Northeast Ohio, Summit County Executive Ilene Shapiro’s Department of Job and Family Services, Fair Housing Contact Service, Inc., Akron Financial Empowerment Center, Mustard Seed Development ...
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Real Estate Tax Relief Available to Victims of Recent Storm

By Design Login posted 02-25-2019
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Summit County Fiscal Officer Kristen M. Scalise CPA, CFE has announced that real estate tax relief will be available to residents who have sustained damage to their property in the wake of the recent storm. The Fiscal Office is taking the necessary steps to provide property owners the ability to file an Application for Valuation Deduction for Destroyed or Damaged Property (Form DTE 26), pursuant to Ohio Revised Code §319.38. Form DTE 26 can be downloaded from our website. Visit http://FiscalOffice.summitoh.net and click on the link titled “Damaged Property” listed in the “Real Estate and Appraisal” column. Mail the completed form to the Fiscal Office at 175 ...
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REALTOR® Magazine Seeks Entries for 2019 Volunteering Works Program

By Design Login posted 02-20-2019
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According to the National Association of Realtors®’  Community Aid and Real Estate report , nearly 70 percent of Realtors® volunteer in their community each month. Realtors® play a critical role in the process of buying and selling homes, and many help make their communities better places to live and work by undertaking various impactful volunteer projects. For the 10th year, NAR is honoring Realtors® who give back through the Volunteering Works Grant and Mentoring Program. The program, which connects mentors with Realtors® who are building new community service projects, is now seeking entries. “Realtors® are volunteers in virtually every community around ...
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Realtors® Release New Vision for Fannie Mae, Freddie Mac Reform

By Design Login posted 02-07-2019
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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. As featured speakers for the panel titled “NAR’s vision: A plan for secondary finance shaped in the aftermath of adversity for longevity,” co-authors Dr. Susan Wachter, Professor of Real Estate and Finance at the University of Pennsylvania, and Dr. Richard Cooperstein, head of Risk Management at Andrew Davison and Company, presented NAR’s comprehensive GSE proposal to the public for the first time at the Grand Hyatt in Washington. NAR’s research is intended to provide a pragmatic ...
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Federal court finds Bowling Green housing ordinance to be unconstitutional

By Design Login posted 02-06-2019
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Feb 5, 2019 By Peg Ritenour, Ohio REALTORS Vice President of Legal Services In a case supported by Ohio REALTORS, a federal court has found a Bowling Green zoning ordinance that limits the number of unrelated persons who can legally reside in a single-family home to violate the Ohio Constitution. The ordinance in question made it illegal for more than three unrelated adults to live in a single-family home regardless of the number of bedrooms or available parking. Family is defined in the law as including “an individual or married couple and natural or adopted children, … foster children … and other person directly related to the individual or married couple ...
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Brook Park Eliminates Interior Inspections

By Design Login posted 01-29-2019
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At its January 22, 2019, meeting, Brook Park City Council passed 2 ordinances addressing the city’s inspection policies. Ordinance No. 11058-2019 amended Section 1323.03 of the City’s codified ordinances to limit point of sale inspections ‘only to dwelling areas that are in plain view.’ Ordinance No. 11059-2019 amended Brook Park’s ‘Residential Rental Housing Registration’ (Chapter 1414) to inspect the exterior of housing units, limiting the inspections to areas that are in plain view.’ The policy amendments come on the heels of various court rulings in the Northern and Southern Districts Courts declaring certain interior home inspections conducted by ...
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ACAR’s 2018 Annual Report is now available!

By Design Login posted 01-24-2019
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The 2018 ACAR Annual Report is now available – There are copies at the ACAR office, so be sure to grab one the next time you’re in. In the meantime, you can view the report’s digital edition below. If you’d like to learn how you can get additional copies for your office, contact ACAR Communications Director, Kelli Moss at (216) 525-4847 or email kmoss@akronclevelandrealtors.com . ACAR 2018 Annual Report » #ACARNews #Featured
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Tax Win: IRS Provides Clear Test on How 20% Deduction Applies to Rental Income, Exchanges

By Design Login posted 01-24-2019
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The Internal Revenue Service has issued final rules on the 20 percent business income deduction (Sec. 199A of the Tax Code) that was enacted in late 2017 as part of the Tax Cuts and Jobs Act. Among other things, the rules confirm that the deduction applies to your business income, as a real estate agent or broker, if you operate as a sole proprietor or owner of a partnership, S corporation, or limited liability company. It applies even if your income exceeds a threshold set in the law of $157,500 for single filers and $315,000 for joint filers. In addition, the rules provide guidance that NAR has been seeking on two other provisions of importance to you: ...
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Gov. Kasich Signs Home Inspector Licensure into Law

By Design Login posted 01-09-2019
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By Scott Williams, Ohio REALTORS Chief Executive Officer The top legislative priority of Ohio REALTORS for more than a decade — home inspector licensure — becomes a reality on March 4, after the measure was signed into law by Gov. John Kasich late last week. The effort to estalish a home inspector licensure system in Ohio, which was amended into Senate Bill 255 in the waning days of the 132nd General Assembly, will bring critical consumer-focused oversight to the last remaining unregulated aspect of the home buying process. Ohio will become the 31st state affording home buyers the assurance that the inspector they hire is properly trained to evaluate and ...
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