- Free Hybrid Seminar Coming August 14 🚇 SEPTA & Real Estate: Why Transit Access is a Value-Add
- REALTOR® Member Joseph Tarantino Reappointed to Serve 5 Years on PA Real Estate CommissionÂ
- Continuing Education Classes Begin July 1st, Sign Up Today with the MCE Season Pass to Save!
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Your Growing Resource Library: NAR’s Consumer Guides Expands Its Content to Help You and Your Clients Navigate It All
- Bright MLS: Inventory is Surging, But Not All Listings Are Created Equal
- SRA: North Penn Water Authority Announces Account Holders Must Be Owners, Effective in 2026
- Calendar of Events
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Free Hybrid Seminar Coming August 14 🚇 SEPTA & Real Estate: Why Transit Access is a Value-Add |
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Join us for an upcoming free hybrid seminar on August 14, 🚇 SEPTA & Real Estate: Why Transit Access is a Value-Add, presented by Ryan Judge, Deputy Chief Planning Officer with SEPTA - Southeastern Pennsylvania Transportation Authority. He will share how the transit system is evolving to better serve the region. From upgraded stations and improved safety measures to new Market Frankford Line vehicles and future service enhancements, SEPTA is investing in the infrastructure that helps keep local communities connected—and real estate thriving.
Whether you’re working with buyers who want walkable neighborhoods, or investors looking to capitalize on transit-accessible properties, this session offers valuable insights into how SEPTA contributes to quality of life and long-term value across Greater Philadelphia.Â
Please note that this free seminar is being offered in a hybrid format. Please register for EITHER in-person or virtual. For virtual attendees, Zoom log-in credentials will be distributed via email ahead of the event.Â
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REALTOR® Member Joseph Tarantino Reappointed to Serve 5 Years on PA Real Estate Commission |
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REALTOR® Emeritus member Joseph Tarantino, has recently been reappointed by PA Governor Josh Shapiro to serve another 5 year term on the Pennsylvania Real Estate Commission. His nomination was unanimously confirmed by the PA Senate. Â
Commissioner Tarantino was first appointed in 1994 and has continually served on the Real Estate Commission since that time. The PA Real Estate Commission is comprised of 11 members of which only 5 members are Real Estate Brokers. Â
“I am very appreciative of the confidence and support that I was given by all members of the Senate and by Governor Shapiro for this reappointment to the Real Estate Commission. I look forward to serving the consumers of Pennsylvania and to increase the professional and ethical excellence and training of my fellow real estate licensees”, stated Tarantino. I also look forward to working with the Pennsylvania Association of REALTORS® and other industry associations towards common goals for the protection of all consumers of real estate services in Pennsylvania.
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Continuing Education Classes Begin July 1st, Sign Up Today with the MCE Season Pass to Save! |
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Don't Forget to Save with the MCE Season Pass for Unlimited Standard Classes! |
The MCE Season Pass is a simple and affordable way to fulfill your 2024-2026 PA real estate license renewal continuing education requirements. Any real estate licensee can purchase the MCE Season Pass and take unlimited standard continuing education courses – at no additional cost!
How Does the Pass Work?
Purchase the MCE Season Pass for $125 through the Association of REALTORS® School. Then, anytime you register online, over the phone, or in-person for an Association of REALTORS® School standard continuing education class (offered between July 1, 2025 - May 31, 2026) you register for FREE.
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Your Growing Resource Library: NAR’s Consumer Guides Expands Its Content to Help You and Your Clients Navigate It All |
NAR’s Consumer Guide Series continues to grow—offering weekly updates designed to help you educate and empower clients at every stage of the buying or selling journey. The newest addition, Working with a Real Estate Attorney, outlines how legal professionals can support transactions by reviewing contracts, addressing title issues, and ensuring accurate documentation. Additional new releases include:Â
Real Estate Auctions
Buyer's vs. Seller's Markets
Estate Planning
Understanding & Protecting Yourself from Title Fraud
and more!
Check back weekly for new topics, including next week’s guide on making homes more energy efficient.
The Consumer Guide Series can be found on nar.realtor/the-facts, and offers a collection of concise, one-page resources (available in both English and Spanish) designed to break down complex topics like home inspections, appraisals, down payment assistance, written buyer agreements, and more.Â
Whether you're working with first-time buyers, navigating a tricky appraisal, or explaining the difference between spec and custom builds, these guides are ready to support your conversations, be used in information packets, help you build out content for social media, and more. Share them at listing appointments, include them in your welcome packets, or post them on social media to showcase your expertise. Explore the full series atÂ
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Bright MLS: Inventory is Surging, But Not All Listings Are Created Equal |
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Inventory is climbing, which has been welcome news for prospective homebuyers. However, the inventory picture is very different depending on where you are and the type of home you’re looking for.
According to data from REALTOR.com, at the end of May 2025, total inventory across the U.S. was at about 90% of the May 2019 level. But a very distinct pattern emerges when you look at inventory by metro area. Inventory levels surpass 2019 levels in southern metros in Florida, Texas, and Arizona as well as in Washington and Oregon in the Pacific Northwest. By contrast, inventory across the Midwest and Northeast, as well as in Southern California, remains below 2019 levels.
In the Bright MLS service area, which covers six states and the District of Columbia, there were 42,981 active listings on the market at the end of May 2025. The number of active listings is now 25.1% higher than it was a year ago and inventory has been increasing across the Mid-Atlantic region for 16 consecutive months, as more homes are listed for sale and properties remain on the market longer.
However, despite the rapid rise, inventory is still well below pre-pandemic levels in most local markets across the Bright MLS service area. Overall, May 2025 inventory is just 64% of the May 2019 level across Bright’s footprint. In fact, there are just a handful of counties in the region where inventory has surpassed 2019 levels.
The urban area housing markets tend to have more inventory. In both Philadelphia and Washington, D.C., inventory is above pre-pandemic levels. In the close-in suburbs of Arlington and Alexandria, Virginia, inventory has also surpassed what was available to buyers in 2019.
There are many more local markets where inventory is still less than half of what was available in 2019. In most of the Philadelphia suburbs, for example, the number of active listings in May 2025 is less than 50% of May 2019 levels.
Click here to read the full piece by the Bright Research team.Â
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SRA: North Penn Water Authority Announces Account Holders Must Be Owners, Effective in 2026
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North Penn Water Authority (NPWA) has announced important changes to account holders for water service, specifically affecting rental and lease properties. The new regulation states, “All service connections and account billing shall be issued only to the property owner for each parcel. As such, new accounts will not be in the name of tenants, renters, boarders, property managers and lessees.” An “owner” is the person who is named as the owner of the premises in the deed as recorded in the county recorder of deeds office. The policy shall become effective on Jan. 1, 2026. New accounts up to that date may be held by either the tenant or the property owner, and current accounts will not be required to be updated to the property owner until the tenant terminates service. The Suburban Realtors Alliance and the Pennsylvania Association of Realtors are researching the legality of the new requirement. The NPWA service area includes: parts of Skippack, Lower Salford, Salford, Franconia, Worcester, Towamencin, Hatfield, New Britain, West Rockhill, and Upper Gwynedd townships, and parts of Souderton, Sellersville, Hatfield, Lansdale and New Britain boroughs.
Source: North Penn Water Authority; 5/15/2025Â
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