On November 21, President Trump signed a temporary spending bill that includes funding the National Flood Insurance Program until December 20. The NFIP, which was set to expire November 21, is being extended as part of the Continuing Resolution to keep the government operating while Congress works on 2020 appropriations measures over the next month. Now that NFIP is attached to the CR, there is less chance of a lapse in December. Read more
The San Antonio River Authority considered a new W.A.T.E.R. Initiative which involved adding a maximum property tax rate of 2.5 cents per $100 valuation for property owners in Bexar, Wilson, Karnes, and Goliad counties in exchange for stepping up its work along the river basin. Read more
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If you’re looking for the perfect event to kick off the holiday season, look no further! The House of TREPAC Gingerbread House Decorating Contest for TREPAC on December 12 will not only feature teams vying for the title of Best Decorator but attendees will also have the opportunity to bid on silent auction items, take photos with Santa and enjoy snacks and drinks. Read more
“Invest SA” will educate REALTORS® and community stakeholder groups on ways Qualified Opportunity Zone investments can be used to… Read more
At its Nov. 11 meeting, NAR’s Board of Directors approved a change to NAR’s Code of Ethics training requirement. Read more
Nov. 11 Update — At its Nov. 11 meeting, NAR’s Board of Directors approved MLS Statement 8.0, also known as the Clear Cooperation policy. The policy requires listing brokers who are participants in a multiple listing service to submit their listing to the MLS within one business day of marketing the property to the public. Read more