Kentucky’s seasonally adjusted preliminary unemployment rate for September 2016 was 5 percent from a revised 4.9 percent in August 2016, according to the Office of Employment and Training (OET), an… Continue Reading Kentucky’s unemployment rate at 5% for September
Category: News
CFPB loses with the court, RESPA referral suit was an overreach
The real estate industry won a major referral-law victory in court this week when a federal appeals court shot down a controversial Sec. 8 anti-kickback enforcement action taken by the… Continue Reading CFPB loses with the court, RESPA referral suit was an overreach
Time to sell more homes – Kentucky’s economy continues to expand
There’s a saying in Kentucky that “you need to make hay while the sun is shining” and during the previous month, the sun definitely shined brightly in the Commonwealth. Kentucky’s… Continue Reading Time to sell more homes – Kentucky’s economy continues to expand
KAR hires new Director of Education & Training Services
The Kentucky Association of REALTORS® (KAR) announces that Nicole DeBoth has been hired as its Director of Education & Training Services. Nicole comes to KAR from LaCrosse, Wisconsin, bringing with… Continue Reading KAR hires new Director of Education & Training Services
Downpayment assistance offered through the Kentucky Housing Corporation
In January of this year, Kentucky Housing Corporation (KHC) launched the Hardest Hit Fund Down payment Assistance Program (HHF DAP), which gave new homebuyers, in distressed counties, forgivable second mortgage.… Continue Reading Downpayment assistance offered through the Kentucky Housing Corporation
Overtime rule from the DOL
Effective December 1, 2016, DOL revised the requirements under the Fair Labor Standards Act (FLSA) regarding the minimum salary threshold for employees to be considered exempt from overtime. The final… Continue Reading Overtime rule from the DOL
‘Know Before You Owe’ helps agents and consumers
Since the October 2015 implementation of the Consumer Financial Protection Bureau’s ‘Know Before You Owe’ mortgage initiative, Realtors® have raised red flags (link is external) over challenges in gaining access… Continue Reading ‘Know Before You Owe’ helps agents and consumers
Kentucky’s jobless rate drops to 5% in June
Kentucky’s seasonally adjusted preliminary unemployment rate for June 2016 dropped to 5 percent from a revised 5.1 percent in May 2016, according to the Office of Employment and Training (OET),… Continue Reading Kentucky’s jobless rate drops to 5% in June
Kentucky’s Red Tape Reduction Initiative backed by KAR
Governor Bevin recently announced the Red Tape Reduction Initiative, which will cut through the red tape of excessive and complex regulatory burdens that are a hardship for many business owners… Continue Reading Kentucky’s Red Tape Reduction Initiative backed by KAR
Top 10 issues affecting real estate
Every year, the Counselors of Real Estate, a group of real estate professionals who hold the CRE designation and seek to offer unbiased guidance on real estate topics, offers a… Continue Reading Top 10 issues affecting real estate