2020 Legislative Session PreviewBill Castelli introduces the priorities for the 2020 legislative session

Maryland's Residential Housing Market Remains Steady

In 2018, average & median sale prices in Maryland climbed, according to the Maryland REALTORS®.  Twenty-one of the states 24 jurisdictions posted gains in average sale prices ranging from 0.6 to 12 percent in 2018 as compared to 2017. The average sale price in 2018 was $336,866 compared to $325,559 in 2017. While median prices statewide rose by 4.0 percent to $293,930 for a second straight year.

.Realestate Domains Coming Soon

On Sept. 18 at 11:00 a.m. EDT, the National Association of REALTORS® (NAR) in partnership with Second Generation, Ltd., will launch the .realestate domain to individual REALTORS®, firms and boards of NAR and the Canadian Real Estate Association (CREA) for an exclusive 60-day pre-sale period. If you have a .realtor domain name, you get early access on the 18th. 

IRS Guidance Out on 20% Business Income Deduction

The Internal Revenue Service issued proposed regulations for a new provision allowing many owners of sole proprietorships, partnerships, trusts and S corporations to deduct 20 percent of their qualified business income. The new qualified business income deduction is available for tax years beginning after Dec. 31, 2017. Taxpayers can claim it for the first time on the 2018 federal income tax return they file next year.

2018 Professional Standards Webinar

2018 Professional Standards Webinar! Watch Now

In effort to make this information accessible at all times, Maryland REALTORS® made a webinar for the Professional Standards Training. This video is a resource for all associations. We are building a video library as we recognize that all associations do not receive Professional Standards cases regularly and may need to reference this material at any time.