Real Estate

Over 11 Million Families at Risk of Losing Housing

Federal foreclosure moratorium slated to end June 30, 2021 By Jeff Sorg, OnlineEd Blog (March 1, 2021) CFPB, WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued a report that warns of widespread evictions and foreclosures once federal, state, and local pandemic protections come to an end, absent additional public and private action. Over

Oregon Excludes Certain Facts as Material Facts to Real Property Transactions

Oregon Excludes Certain Facts From Disclosure as Material Facts to Real Property Transactions By Jeff Sorg, OnlineEd Blog (February 10, 2021) – In Oregon, unless one of the limited legal exclusions applies, each seller of residential property is required to deliver to each buyer who makes a written offer a Seller’s Property Disclosure Statement. A seller who is not excluded

Eviction and Foreclosure Moratoriums on Federally-backed Single-family Mortgages Extended Through March 31, 2021

HUD has implemented President Biden’s requests to immediately extend eviction and foreclosure moratoriums By Jeff Sorg, OnlineEd Blog (January 25, 2021) US Dept. of HUD – Acting U.S. Housing and Urban Development (HUD) Secretary Matthew E. Ammon today announced that the Department has implemented President Biden’s requests to immediately extend eviction and foreclosure moratoriums on federally-backed single-family

New 2021 Rules for Advertising by Oregon Real Estate Licensee

The Oregon Real Estate Agency has adopted new rules for advertising, effective January 1, 2021 By Jeff Sorg, OnlineEd Blog (January 6, 2020)  OnlineEd – The Oregon Real Estate Agency has updated advertising rules for real estate licensees. Highlights of these new rules for brokers and principal brokers, which became effective January 1, 2021, are listed

Categories: Real Estate

Exceptions to Oregon Property Manager Licensing

Oregon does have a few exceptions to property manager licensing By Jeff Sorg, OnlineEd Blog (December 9, 2020)  OnlineEd – Property management of rental real estate under Oregon law also means representing a tenant or prospective tenant when renting or leasing real estate and includes, but is not limited to: consulting with tenants or prospective tenants about

Categories: Real Estate

FTC Sues to Block CoStar Group, Inc.’s Proposed Acquisition of RentPath Holdings, Inc.

The acquisition could increase the concentration of internet listing services advertising for large apartment complexes By Jeff Sorg, OnlineEd Blog (December 4, 2020)  OnlineEd – The Federal Trade Commission has filed an administrative complaint (a public version of which will be available and linked to this news release as soon as possible), and authorized a suit in federal

Monthly New Residential Sales for November 2020

Sales of new single-family houses rise above last October By Jeff Sorg, OnlineEd Blog (December 1, 2020) (Washington, DC ) – The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced on November 25, 2020, the following new residential sales statistics for October 2020: New Home Sales Sales of new single-family houses in

Fannie and Freddie Baseline Limit Increases to $548,250 in 2021

FHFA Announces Conforming Loan Limits for 2021 By Jeff Sorg, OnlineEd Blog (November 30, 2020) Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2021.  In most of the U.S., the 2021 maximum conforming loan limit (CLL) for

Categories: Mortgage, Real Estate

Effective Immediately: Discriminatory Speech and Conduct Outside of REALTORS® Practice is Prohibited

The NATIONAL ASSOCIATION OF REALTORS® Board of Directors approved a change today expanding the Code of Ethics’ applicability to discriminatory speech and conduct outside of members’ real estate practices. OnlineEd Blog (November 13, 2020)   Salem, Oregon November 13, 2020 – NAR’s Board of Directors today strengthened REALTORS®’ commitment to upholding fair housing ideals, approving a