News You Can Use
Decline In Foreclosures Reaches Important Milestone
In an important signpost of recovery, foreclosure activity in the United States has fallen to levels not seen since before the financial crisis began, according to a report issued by RealtyTrac.
Yellen: Rates May Rise Sooner Than Expected
Federal Reserve Chairwoman Janet Yellen said that the Fed may need to raise interest rates sooner than expected, but it all will hinge on the labor market.
JPMorgan Treading More Cautiously With Mortgages
The nation's second-largest mortgage lender, JPMorgan Chase & Co., says it's backing away from issuing mortgages to less creditworthy borrowers due to growing concerns the bank will be able to recover much money if it needs to foreclose on the home.
NVAR Officer Applications Now Being Accepted
2015 NVAR Officer Applications are now being accepted for the position of
President-Elect, Treasurer, NAR State Director (Northern and Southern
positions), and Member-at-Large Director. The election of these 2015
positions will take place on Thursday, September 4th in Incline, NV.
Deadline to submit an application is Wednesday, August 6th. Click here for applications.
NVAR Award Nominations Now Being Accepted
Members are invited to nominate fellow REALTORS® for the 2014 Nevada REALTOR® of the Year (ROTY), Nevada Distinguished REALTOR® Award (NDRA), and REALTORS® Active in Politics (RAP) awards. Nominate a deserving REALTOR® for one of these prestigious awards today! Deadline to submit an application is Wednesday, August 6th. Click here for applications.
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