ACT NOW TO STOP INCREASE IN
PRINCE GEORGE'S PROPERTY TAXES
Recently County Executive Rushern Baker released his budget proposal for fiscal year 2016. In it, the County Executive is proposing a15.6% property tax increase
. That's a $447 ANNUAL TAX increase on a $300,000 home.
Prince George's County already leads the Maryland DC metro area in property taxes, closing costs, and transfer taxes. Unfortunately, we also lead in foreclosures and short sales. Over 55% of County tax revenue is derived from housing sector taxes.
Our housing market is too fragile right now to sustain a tax or fee increase. Prince George's 2014 single-family property settlements were down 6% compared to 2013.
Your customers are already struggling to get the necessary capital together to buy homes. This increase lessens their ability to purchase. For sellers it lessens the pool of ready, willing and able buyers.
countywide NEED YOU, and your clients NEED YOU to BE HEARD. VOICE YOUR OPPOSITION TO THIS TAX NOW. Please take a moment to contact the County Council to voice your opposition to the property tax increase!
Thank you for your advocacy efforts!
For more details:
Please feel free to contact Mike Graziano at PGCAR, 301-306-7900 or firstname.lastname@example.org
President's Op-Ed on Gazette.net
Higher taxes would hurt homeowners, economy
2015 PGCAR President
"Real estate can lead our economy, and we are poised to do that as our market stabilizes," states PGCAR President Desiree Callender in a recent Gazette Opinion Editorial. "Increasing housing costs, however, is counterproductive to building our local economy and a barrier to stabilizing our local real estate market. We encourage our government leaders to help strengthen our local market and incentivize buyer investment in Prince George's County."
"We urge County Executive Baker to rethink this (15.6% property tax increase) proposal."
Read the entire Op-Ed here >
PGCAR REALTORS® Award $10,000 in Scholarships to High School Seniors
Photos from Maclin 5K Fundraiser Now Available
PGCAR's David Maclin Memorial Scholarship Fund has presented four more Prince George's County high school seniors with $2,500 college scholarships.
The Fund and its accompanying "Fun Run
" are one of the Association's premiere community service endeavors. In honor of the late REALTOR®
David Maclin's contributions to Prince George's County, the fund recognizes a student's commitment to community service, based on the theme "How I Made A Difference In My Community."
"Community service plays an important role in building neighborhoods. These young people have demonstrated community spirit. For that, REALTORS®
are excited to help them attain their future goals," said PGCAR President, Desiree Callender.
"Seeing these high school students prepare for college with the assistance of the scholarship makes me so proud," commented Juanita Maclin, the Co-Chair of the Scholarship Committee and the wife of the deceased, David Maclin.
Those receiving 2015 scholarships are:
- Amber Nicole Braswell of the Academy of Health Sciences at PGCC in Largo, is planning to attend Towson University.
- Milan Turia Brown of Eleanor Roosevelt High School in Greenbelt, is planning to attend Howard University.
- Tarck Mitchell of Charles Herbert Flowers High School in Springdale, is planning to attend Bowie State University.
- Armani Breahn Tinnin of Charles Herbert Flowers High School in Springdale, is planning to attend the University of Maryland-Baltimore.
Thank you to the entire Maclin family, and to the Scholarship Committee members for bringing such a "good news" story to life! We also thank all Maclin Memorial Scholarship 5K participants and sponsors, and Maclin Memorial Scholarship Fund donors and volunteers!!!
Call to Action VICTORY!
You Said "NO" to State Legislators
Imposing a 6-Month Foreclosure Moratorium
Exclusively in Prince George's County.
THANK YOU for contacting your Delegate to oppose SB 756.
During the week of March 23, the Prince George's County Delegation in Annapolis was considering legislation to impose a six-month moratorium on foreclosures EXCLUSIVELY
in Prince George's County. REALTORS®
were opposed to this concept, as we believe that it would have drastically slowed our fragile real estate market recovery. The current statewide foreclosure process is fair and well conceived. There are numerous notice requirements to protect consumers and legislated mediation opportunities for consumers to negotiate with lenders. A moratorium would have caused more harm than good. We needed help to urge our Legislators in Annapolis to OPPOSE
the foreclosure moratorium!
Within a few days of members contacting our Delegates, the Senate REMOVED
the 6-month foreclosure moratorium which was exclusive to Prince George's County, from proposed state legislation SB 756.
DoublePlay program offers a discount on loan rates and $5,000 in down payment assistance (DPA) to Prince George's County home buyers. See details >
President's Letter - January 30, 2015
In Response to The Washington Post Articles
2015 PGCAR President
By now I'm sure many of you are familiar with the recent real estate articles in The Washington Post. As you might imagine the articles are not being received well by your Board of Directors. In fact, I penned a article
and submitted it to The Washington Post. It is at this point unknown, as to whether or not they will choose to print it.
representing and selling Prince George's County, we know that investment here is a positive and fruitful proposition. We cannot let outside influences cast an untrue and unrealistic view of our marketplace. Hopefully our response will assist in dispelling the negative aspects of this narrative.Read the letter here >
The Prince George's County Planning Department is conducting a comprehensive rewrite of the County Zoning Ordinance and Subdivision Regulations. This project will transform the current zoning code. This action is of great importance to the future of economic development in Prince George's County and to REALTORS®
. It's been more than 50 years since the last comprehensive update. REALTORS®
are strongly encouraged to engage in this process.