Bucks County Uses NAR Grant to Help Homeowners Impacted by Recent Flash Flooding
Six to 10 inches of rain fell in less than four hours in Bucks County, causing a “100-year flooding” of the Neshaminy Creek, which runs through Bensalem Township, Bristol borough and Bristol Township. The flooding emergency closed many roadways and required emergency evacuations of dozens of residents in several communities. More than 800 families suffered loss or damage to their homes due to this flooding and many of the homes in this area did not have flood insurance because they aren’t located in a flood zone.
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Fair Housing Discrimination Based on Disabilities Still a Frequent Complaint in Pennsylvania
The Fair Housing Act prohibits housing providers from discriminating against people with disabilities, including refusing to make reasonable accommodations in policies or practices when such accommodations may be necessary to provide persons with disabilities an equal opportunity to use or enjoy a dwelling. This includes permitting persons with disabilities to have service animals or assistance animals. Housing providers may not prohibit people with disabilities from having assistance animals that perform work or tasks or that provide disability-related emotional support.
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Recent Federal Changes Could Lead to Potential Health Insurance Savings for Realtors®
PAR has partnered with My Benefit Advisor program to help you determine if you and your family qualify for these savings and can potentially save on your health insurance costs.
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FEMA Updates Risk Rating for National Flood Insurance Program
Risk Rating 2.0 was designed by FEMA to modernize the National Flood Insurance Program’s insurance pricing methodology and more accurately tie its rates to the flood risks of individual properties. It begins to take effect on Oct. 1, 2021.
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Cybercrime Sees Uptick in Pennsylvania: Here Is How to Protect Yourself
The commonwealth is the sixth in number of victims, with 18,636 reporting crimes. And losses totaled more than $108 million in 2020, making Pennsylvania eighth in the country. That’s up about $13 million from 2019, with nearly 8,000 more victims.
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Reports of Scam Targeting Real Estate Licensees
Several counties are reporting a scam that specifically targets real estate licensees, claiming they risk losing their real estate license if they don’t pay a fine.
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Housing and Civil Rights Leaders Announce a National Initiative to Increase Black Homeownership
According to the Urban Institute, the Black homeownership rate in the U.S. currently stands at 42.3%. The national homeownership rate is 64.1%, while the rate for whites stands at 72.2%. Left unaddressed, the Black homeownership rate will fall even further by 2040, Urban Institute projects.
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General Assembly Approves Resolution to End Emergency Declaration
Along with this measure, the legislature also passed House Bill 854 on June 9, with new language extending all of the regulatory waivers that had been issued under the emergency order. Those waivers, including one that allow livestreamed education courses to be counted under the rules applicable to in-person courses, are now extended to Sept. 30. HB854 was approved by both the Senate and House of Representatives and now moves to the governor’s desk for his signature.
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NAR Legislative Advocacy Updates
NAR’s advocacy efforts this year are focused on three areas: improving access to homeownership, building strong and resilient communities and ensuring fair housing for all. And they are devoting extra attention to reinvigorating a change in commercial real estate landscape.
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Inventory, Price Remain Challenges in Pennsylvania Real Estate
This is a great time to remind consumers just how important Realtors® are. We’re able to prepare our clients – whether buyers or sellers – about what the current conditions are and how they can best navigate the transaction.
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