On behalf of the Prince George's County Association of REALTORS® (PGCAR), representing over 3,500 members, I am utterly disgusted by the recent decision by the Department of Housing and Urban Development (HUD) and the Trump Administration to reverse the Affirmatively Furthering Fair Housing (AFFH) Rule and the repugnant comments made by President Trump recently.
As you may be aware, recently in his remarks and in a series of tweets, President Trump declared, "I am happy to inform all of the people living their suburban lifestyle dream that you will no longer be bothered or financially hurt by having low income housing built in your neighborhood." The President also added: "Your housing prices will go up based on the market, and crime will go down. I have rescinded the Obama-Biden AFFH. Enjoy!"
Respectfully, as a REALTOR®, I am "bothered" and find the President's comments to be disturbing, divisive and abhorrent to say the least. As REALTORS®, we take an oath to adhere to a strict Code of Ethics prohibiting discrimination in housing based on race, color, religion, sex, handicap, familial status, sexual orientation, gender identity, and national origin.
We, the members of the Prince George's County Association of REALTORS® (PGCAR), stand in solidarity with the National Association of REALTORS® (NAR) and other stakeholders, in expressing our displeasure and disappointment that HUD is retreating on its decades-long policy requiring that communities receiving taxpayer money address discrimination and segregation. One of our most fundamental rights is to live peaceably where we choose. As REALTORS®, we believe equal opportunity in housing can be best achieved through not only observance of the law but through education, mutual cooperation of the real estate industry and the public in a free and open housing market.
Prince George's County Association of REALTORS® is proud to announce our 2019 Awards Winners!
Over 150 County REALTORS® are receiving awards recognizing their "personal best" in sales production. REALTORS® must have attained a minimum of $2.5 million of sales activity in 2019 to qualify.
Receiving the top prize, First Place Platinum Individual General Brokerage, is Hazel Shakur of Redfin Corporation, with $40 million in sales activity.
Placing first in the Platinum Team Competition is The Bill Franklin Group of Long and Foster Real Estate, with $40 million in production.
Top Winners Include:
Individual Platinum Award Winners (Over $10.5 million):
||Over $40 Million
||Over $30 Million
||Over $20 Million
||Over $20 Million
Team General Brokerage - Platinum (Over $10.5 million):
|The Bill Franklin Group
||Over $40 Million
|The Mason Team
||Over $30 Million
|The Cory Lancaster Team
||Over $30 Million
|Taylor Made Team
||Over $30 Million
Special Awards Winners:
2019 REALTOR® of the Year
2019 First Time "Sterling R" RPAC Contributors ($1,000)
2019 Affiliate of the Year
Jane Williams, George Mason Mortgage LLC
2019 Distinguished Sales Associate of the Year
2019 Distinguished Service Award
2019 Rookie of the Year
2019 Rookie of the Year
Online voting is now open at pgcar.com/vote, and it's quick and easy to do!
Just review the slate of candidates below, then sign in and vote.
THE 2021 PGCAR OFFICER AND DIRECTOR CANDIDATES
Secretary (1 to be elected):
Directors (4 to be elected):
Coldwell Banker Residential Brokerage - Severna Park
Just like last year, PGCAR Dues Billing will be Green and Paperless,
using our secure, online payment system at pgcar.com/dues.
We're pleased to announce there is NO PGCAR or NAR dues increase for 2021,
and just a $4 increase for Maryland REALTORS® dues!
|The 2021 local, state and national dues, and RPAC contribution are:
|PGCAR Local Membership Dues
|Maryland State Association Dues
|NAR National Association Dues
|RPAC Contribution *
Annual dues invoices will be online by September 1.
Your annual renewal deadline is October 1.
A $75 late fee will be assessed to non-paid dues November 30.
* Voluntary Contribution
COVID-19 Business & Health Resources
Visit pgcar.com/COVID-19-Resources often, as we continue to revise The COVID-19 Resource Guide with new business, health and wealth resources and assistance services.
NEW! Legacy Fund for Prince George's Small Business Development
- Application Period: August 3 - August 28.
- Grants Up to $10,000 for small businesses located in Prince George's County.
- Funds can be used to support operating expenses including payroll, suppliers, rent, and other business critical costs.
- Companies approved for funding will be eligible to also apply for the Emerge Stronger technical assistance program to help them better navigate new business and economic realities and ensure their long-term development.
Here's just a few other resources at pgcar.com/COVID-19-Resources:
Maryland REALTORS® continues to provide guidance on providing real estate services through Governor Hogan's safer-at-home advisory, phased reopenings, and as the COVID-19 pandemic and response evolve. Find at pgcar.com/COVID-19-Resources or here.
Please stay healthy and well. Our thoughts, prayers and best wishes are with you.
LEGISLATIVE ALERT - August 6, 2020
Dwayne Mingo, Director of Government Affairs
PROHIBITION OF RENT INCREASES, RENTAL TERMINATIONS AND LATE FEES DURING THE COVID-19 PANDEMIC
REALTORS® transacting business in Prince George's County, Maryland, should be aware of legislation enacted by the Prince George's County Council to prohibit rent increases during the Coronavirus (COVID-19) state emergency. CB-16-2020 (Landlord Tenant Code - Prohibition of Rent Increases, Rental Terminations and Late Fees During the COVID-19 Public Health Crisis) amends the County's Landlord-Tenant Code to prohibit rent increases, rental terminations; and prohibits late fees or penalties from being charged during the COVID-19 state-wide emergency.
The specifics: CB-16-2020 (Landlord Tenant Code - Prohibition of Rent Increases, Rental Terminations and Late Fees During the COVID-19 Public Health Crisis) amends the County's Landlord-Tenant Code (Subtitle 13, Division 3 of the County Code) to prohibit rent increases, rental terminations, and prohibits late fees or penalties from being charged during the COVID-19 state-wide emergency. The effective date for the emergency legislation is June 29, 2020.
CB-16-2020 (Landlord Tenant Code - Prohibition of Rent Increases, Rental Terminations and Late Fees During the COVID-19 Public Health Crisis) does the following:
- Defines a tenant as any person who occupies:
- A rental dwelling unit for living or dwelling purposes;
- Tenant shall mean an existing tenant and does not include a prospective tenant; and
- Tenants who can demonstrate proof through documentation or other objectively verifiable means, that the tenant suffered a Substantial Loss of Income and are therefore unable to make rent payments because of the emergency, as defined by the Governor of the State of Maryland's Executive Order Number 20-04-03-01, 20-03-30-01 and 20-05-13-01, as amended and extended by the Governor, and under Section 14-3A-02 Public Safety Article of the Maryland Code.
- Defines emergency under the provision as a catastrophic health emergency declared by the Governor of Maryland on March 5, 2020, as amended or extended by the Governor, by Executive Order Number 20-04-03-01, 20-03-30-01 and 20-05-13-01, and under Section 14-3A-02 Public Safety Article of the Maryland Code.
- During the COVID-19 health emergency as declared by the Governor of the Maryland, a landlord shall not increase a tenant's rent nor impose late fees or penalties if the rent increase would take effect during the health emergency and within 90 days after expiration of the emergency.
- Landlords shall not issue notices of rent increase, late fees or penalties that apply to payments required during the emergency and within 90 days after expiration of the emergency.
- During an emergency and within 90 days after the expiration of an emergency, a landlord shall not notify a tenant of a rent increase.
- Landlords must inform a tenant in writing to disregard any notice of a rent increase if: (1) the landlord provided the notice to the tenant prior to the emergency; and
(2) if the effective date of the increase would occur on or after the date the emergency began.
- Landlords may offer rent payment plans, in writing, to tenants.
- Landlords shall not charge late fees if they apply to payments required during the emergency.
- A landlord shall not charge penalties during the emergency.
- A landlord shall inform a tenant in writing to disregard any late fee or penalty notice if the landlord provided the notice to the tenant during the emergency.
- A landlord may charge the costs of return check fees.
- The Department of Housing and Community Development (DHCD) and Department of Permitting, Inspection and Enforcement (DPIE) shall provide information about the requirements of this section on their respective websites, including the date that the emergency expires, and the date that is 90 days after the expiration of the emergency.
- DHCD and DPIE shall email and post notice to license holders of the prohibition of rent increases, evictions, late fees or penalties within 15 days of the adoption of this bill.
- DPIE shall exercise the enforcement authority; this enforcement authority includes the authority to impose fines for violations.
- Landlords are prohibited from evicting a tenant for non-payment of rent for any eviction proceedings not initiated before the COVID-19 emergency.
- This prohibition is effective for the duration of the emergency.
PGCAR ACTION - The Legislative Committee reviewed the bill and supported the legislation with amendments. The Association applauded the intent of the legislation and the Prince George's County Council's effort to ensure families experiencing financial hardships due to the Coronavirus (COVID-19) pandemic remain able to stay in their homes.
PGCAR submitted written comments in support of the bill and worked with the sponsor of the legislation to incorporate language into the bill as amendments to address the Association's concerns with the emergency bill. To help address the concern specifically with returned check fees, the Association lobbied to clarify that a return check charge for a bounced check is exempt and still due if the tenant pays by check and the check bounces. Additionally, in Sec. 13-143. Evictions are Prohibited for Non-Payment of Rent, clarification was added in the bill specifying that the applicability for evictions is for cases for rent due in April, May of 2020 and for new cases during the COVID-19 state-wide emergency. of the legislation.
Furthermore, the Association also worked to get language included to specify that the provisions within the bill would only apply to tenants who have lost their jobs or a major part of their income specifically, due to COVID-19 reasons. In some instances, tenants have been fully employed during the pandemic and have not experienced an economic or income hardship and should be excluded from taking advantage of the concession to avoid paying their rent.
We encourage you to share this information with your sales team, associates and or colleagues.
Additionally, you can review Subtitle 13, Division 3 - Landlord-Tenant Regulations of the County Code that addresses Prince George's County's Landlord Tenant Code - Prohibition of Rent Increases, Rental Terminations and Late Fees During the COVID-19 Public Health Crisis law by clicking the link below:
SUBTITLE 13. DIVISION 3. LANDLORD-TENANT REGULATIONS
Should you have questions or concerns, please feel free to contact Dwayne Mingo, Director of Government Affairs for the association at 301-306-7900 or by email at email@example.com.
July 2020 Prince George's County Residential Real Estate Market
Strong Buyer Demand and Low Interest Rates
Yield Highest July "New Pending Sales" in 10 Years
PGCAR reports that the local real estate market in July showed substantial strength culminating in the best "new pending sales" market in 10 years.
There were 1,261 new pending sales recorded in July, a 7.3 percent increase from July 2019, a 5.2 percent increase from June 2020, and the highest number of July pending sales in 10 years. Closed sales were at 949, a less than one percent decrease from July 2019. July 2020 total sales volume was $335.3 million, a 7.1 percent increase from July 2019, and a 3.3 percent increase from June 2020. The Average Sold Price increased 8.4 percent from July 2019 to $355,619, signaling the County's extremely limited inventory of existing homes.
Even with average home sale prices increasing, Prince George's continues to be a viable and sought-after location in metropolitan Washington. As further indication that consumers are interested in buying homes, the Median Days on Market (DOM) was 12 days, a 20 percent decrease from July 2019 and the lowest median DOM in 10 years with the exception of April (10 days) and June 2020 (12 days). The average DOM was 27 days, down 6.9 percent from July 2019 matching the lowest average DOM that occurred this past May. In short, the ongoing pandemic and five months of local and national economic pressures have not discouraged buyers from entering the market. However, low sales inventory (detailed below) is evidence of seller apprehension.
© 2020 Market Stats by ShowingTime and Bright MLS
The chart above details July activity compared to July's five-year average, an important longer-term measure of market trends. While Active Listings remain substantially lower, New Listings, Median Sold Price and Average Sold to Original Listing Price all increased. The supply of homes for sale remains at a five-year low of one month (representing 874 units) available for sale (versus a 1,631 historical July measure and two month's supply.) This important statistic means that if no new listings come on the market and with current demand, the supply will be exhausted in one month.
||Year Over Year (YoY)
||Month Over Month (MoM)
|Total Sold Dollar Volume
|Median Sold Price
|Average Sold Price
|Median Days on Market
|New Pending Sales
© 2020 Market Stats by ShowingTime and Bright MLS
Yolanda Muckle, PGCAR President and a professional REALTOR® with Long & Foster Real Estate Inc., shared: "The positive trend of PGCAR's pending sales tell us, despite the pandemic, there's still solid demand for home ownership. We are particularly pleased to see the continued boost in both average and median sale prices which signals that it's a great time to sell your home with many eager and qualified buyers seeking homeownership. Sellers who engage the service of a REALTOR® are best equipped to compete in today's marketplace. We are seeing summer 2020 trend nicely and continue to assert that Prince George's County continues to offer one of the best housing opportunities in the DC metro region."
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You'll also want to watch the recorded 2-hour "Virtual Agent" and "Social Media Agent" sessions.
Register at realtor.org >
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PGCAR Membership Applications
Invite other associates to join!
Have you been a REALTOR® or REALTOR-Associate® for at least 40 years? Have you served at least one full year at the National Association level? If yes to both, then please apply as a REALTOR® Emeritus.
The application deadline to be awarded REALTOR® Emeritus status at the 2020 Annual NAR Conference is September 30.
Application and details >
Great reasons to stay in touch! Share these with your customers.
Urgent Need for Blood
Give Blood ~ Save Lives
Tuesday, September 22 | 9:30 am - 3:30 pm
@ New Carrollton Municipal Building
If healthy, please schedule a blood donation for our September blood drive, or schedule an appointment for another date.
Due to the COVID-19 pandemic and emergency orders, the 2020 Census deadline was extended from June 30 to September 30.
Every Marylander left uncounted represents more than $18,250 in unaccessed federal funding for programs, including Medicare and Medicaid, the Supplemental Nutrition Assistance Program (SNAP), the Children's Health Insurance Program (CHIP), school construction, emergency preparedness, and transportation projects. Census data also informs reapportionment and redistricting, and ensures that Maryland receives appropriate representation in Congress.
The United States Census only happens every 10 years.
Please be COUNTED and spread the word >
Details and census at 2020census.gov >
Weekly Mortgage Rate Average Moves Up, Still Near 50-Year Lows
"Purchase housing demand continues to accelerate, ultimately providing support to an economy that otherwise has stagnated," said Sam Khater, Freddie Mac's Chief Economist. "The surge in sales led to a rapid increase in the demand for remodeling and home furnishings as consumers look to renovate while adjusting to home life during COVID."
Freddie Mac reports the following averages as of August 20
and their change from last month (July 23) and last year:
- The 30-year fixed-rate mortgage averaged 2.99%
Down from 3.01% last month ~ Down from 3.55% last year
- The 15-year fixed-rate mortgage averaged 2.54%
Same as last month ~ Down from 3.03% last year
- The 5-year Treasury-indexed hybrid ARM averaged 2.91%
Down from 3.09% last month ~ Down from 3.32% last year
Freddie Mac's Weekly Primary Mortgage Market Survey >
The Top 3 Things
Your Association offers you a lot, and it's important to us that we deliver what best supports you, your business and life in all circumstances.
Here are 3 great opportunities to remind your agents about this week:
- VOTE. VOTE. VOTE.
We vote for the United States President every four years. As business people and REALTORS® engaged in our communities and knowing how public policy affects the economy and housing, we should realize how important local, state and national elections are. Plan now, how you are going to vote. Encourage your agents to place it on their calendars now, how and when they plan to vote.
PGSuite has a great article on How to Vote in 2020. Maybe take the first step of having everyone visit https://voterservices.elections.maryland.gov/VoterSearch to verify voter registration during your next office meeting.
- Vote for Your PGCAR Officers and Directors
2021 PGCAR Voting is Open at pgcar.com/vote >
View candidate bios at pgcar.com/BoD-candidates.
Vote at pgcar.com/vote before midnight Monday, August 31.
- Benefits. Knowledge. Growth.
Please remind agents to take advantage of free and low-cost membership benefits and education. Especially during these challenging times, consumers are seeking professional guidance. Utilize the training resources and REALTOR® tools available to help meet homebuyer and seller needs. See the monthly REALTOR® Connection for highlights, and pgcar.com, pgcar.com/RC, pgcar.com/benefits, and pgcar.com/classes for more.
And of course, bookmark pgcar.com to stay in the know >
- - - NEWS AND TRENDS - - -
Reminders, trends and other news you should know.
National News & Market / Industry Surveys
Tips & Trends