GNAR News 12/15/10

New Executive Administrator at GNAR
We are pleased to announce that Susan Tiernan has joined the GNAR as Executive Administrator.  Susan brings a wealth of administrative and managerial experience from the mutual fund, travel, and real estate industries.  Susan was a Realtor in Newburyport for a number of years as well as an active member of GNAR during that time.  Susan obtained her Bachelor of Science Degree from Northeastern University in Business Management and attended Katharine Gibbs School in Boston.  Most recently, Susan sold retreat, conference, and wedding services to the non-profit and private sectors.  She looks forward to returning to the real estate community supporting the needs of the Association Membership and Board.  When in the neighborhood, please stop by to welcome Susan to the GNAR.

No Caravan – Thursday, December 16, 2010
The caravan will resume after the New Year holiday on Thursday, January 6.  There are no properties scheduled for tomorrow, 12/16/10.

Mass. Realtor Price Index up from October Posted: 14 Dec 2010 08:16 AM PST – MAR
Today we issued the results of our November 2010 REALTOR® Market Index(RMI) and REALTOR® Price Index (RPI).  The positive news is that on a month-to-month basis, the November RPI was up over October.  This is the third month-to-month gain.  The less-than-positive news is that the RMI was down compared to the month before after an increase in October.   On a year-to-year basis the trend continues that both the RMI and the RPI were down compared to the same time last year.  At the bottom of the post I’ve included the methodology for both indexes.
Here are the highlights:
REALTOR® Market Index was 18.56. Down 51.91% from same time last year
REALTOR® Market Index was down 10.55% from October
REALTOR® Price Index was 44.74.  Down 9.34% from same time last year
REALTOR® Price Index was up 3.97% from October.  This is the third straight month-to-month increase.
The “Hot Topic” question had to do with what type of impact Realtors(R) feel a change or modification to the Mortgage Interest Deduction would have on the housing market (check out our blog post on the MID from yesterday).
What do you think?  Please let us know.

Want to say Thank you to the Troops?

Choose a thank you card using the link below (click on the picture) and it will be printed and sent to a soldier that is currently serving in Iraq (you cannot choose who receives the card, but it will go to a member of the armed services.  It’s FREE and it only takes a second.  Wouldn’t it be wonderful if the soldiers received a bunch of these?    Whether you are for or against the war, our soldiers over their need to know we are behind them.  It’s a wonderful way to say thank you, we can never say thank you enough.
Thank YOU for taking the time to support our military! 

Let's Say Thanks


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