More News You Can Use
2015 Annual Report
The report was presented to NVAR's Board of Directors at their April 27 meeting in Las Vegas. You can evaluate all the key facts and figures. To read the 2015 NVAR Annual Report, click here.
MIPIM helps locals think global
By Rena Levy, NVAR Global Business Committee
As many of you know, Cannes, France is home to the prestigious and publicized international film festival that bears its name. However, did you know it also hosts one of the largest international real estate conferences in the world? Earlier this year, the Greater Las Vegas Association of REALTORS® and the Nevada Association of REALTORS® sent members from their respective Global Business committees and joined other National Association of REALTORS® leaders at the MIPIM 2016 Conference, hosted March 15-18.
Industry leaders from more than 90 countries joined over 23,000 international attendees to take part in this powerhouse real estate trade show. Major cosmopolitan cities such as Paris, London, Munich and Istanbul promoted large city projects to developers. Countries like Italy, France, Philippines, the United States, Turkey and Germany hosted large regional pavilions. Delicious food and hospitality represented each country’s culture. In addition, gifts and entertainment served as attractions, drawing thousands of attendees to view what every country had to offer and bolstering their chances to entice investment in their regional projects.
Click here to read the entire story.
Reno jumps to fourth among mid-size economic hot spots
Las Vegas sits 13th in large-size metros
RCLCO, a leading national real estate strategy firm, first published an Economic Hot Spot map in 2013. At the time, the economy was recovering from the Great Financial Crisis at a very uneven pace across regions. The idea was to get a sense of where growth was currently happening and why. Based on trailing and forward 12-month indicators of factors such as growth, income levels, and economic structure, the map gave us a good indication of regional growth patterns.
In fact, the map turned out to be quite telling. Many of the high-ranking markets at the time were tech and energy related—and subsequently experienced substantial job growth that led to some of the hottest commercial real estate markets in the country, in terms of both demand and new construction. In fact, the top 15 large markets in our 2013 rankings accounted for 58% of net office absorption and 64% of new office construction in the 51 largest markets in the United States in 2014 and 2015. Click here for full story.
Hot Legal Issues
NVAR's Legal Counsel write articles and updates on important legal topics. You can find these articles here.
Real Estate Today Radio
Real Estate Today is an-NAR produced national radio show that offers listeners an opportunity to
exchange information and learn from some of the nation’s most recognized
experts on a variety of real estate related topics such as buying and
selling homes, obtaining mortgages, seasonal markets, home improvements
and more. The show also airs nationwide on XM Satellite Radio, and worldwide at www.RETRadio.com. Click here to listen to current or past programs.