Federal Issues

Another Flood Insurance Deadline is Fast Approaching

November 2, 2023

NFIP's authority to provide flood insurance is currently set to expire at midnight on November 17, 2023. NAR is making every effort to secure a long-term reauthorization of the program.

What is the latest?

Congress is discussing a Continuing Resolution (CR) to extend funding for the federal government after November 17, 2023. An NFIP extension is attached to the CR. In the meantime, NAR is urging the longest extension possible while Congress continues working toward a long-term reauthorization and reform measure.

Below is a link to access additional information, answer FAQ’s and some general guidelines to help you navigate through what you need to do to help your clients should the extension fail.

FLOOD INSURANCE FAQ

About the PCBR Market Brief

The Pickens County Board of REALTORS® (PCBR)  Market Brief is compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Board at 770.866.1397.

*Each month, the numbers reported for the previous month are updated to reflect additional recordings.

About the Pickens County Board of REALTORS®

The Pickens County Board serves as a central source of information for our members and our main focus are real estate education, the promotion of professionalism in our industry and representing our REALTOR® members with legislative initiatives to create positive change for the real estate community. Throughout its history, the Pickens County Board has exerted its influence in civic affairs in its capacity of representing a substantial segment of the business community across the Pickens area. The Board has contributed to various charities over the years by hosting fundraisers.

About First Multiple Listing Service

First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers.  Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers.  For additional information or to start a discussion about how to partner with FMLS please contact join@fmls.com.

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