News You Can Use
Defeat The Margin Tax
We need your help to reject this harmful tax at the ballot this November! Question 3, called the Margin Tax or Education Initiative, is one of the most detrimental tax proposals the real estate industry and the state have ever faced. It is critical that you find out how it would affect your business, and make sure to vote NO on Question 3.
NO On 3 yard signs and stickers are now available! Do your part to defeat this deeply flawed and unfair tax. Click here for more information.
REALTOR®-Friendly Voter Guide Now Available
Please take a moment to review the candidates who are supportive of private property rights by visiting the online voter guide at www.nvrealtorssupport.com.
QRM Rule Opens More Doors For Consumers
The mortgage-financing environment for households could improve as a result of a rule federal regulators put in place last week. The Federal Deposit Insurance Corporation is the fist of six financial regulators to release the final version of the long-awaited qualified residential mortgage (QRM) rule, which stems from the big 2010 banking reform bill the federal government enacted after the financial crisis.
Fannie, Freddie To Loosen Up On Lending
The regulator of mortgage giants Fannie Mae and Freddie Mac is reportedly working on a deal with the financing entities that will loosen up lending standards and make mortgages more affordable for those with less-than-perfect credit.
September Marked 2014 High In Home Sales
Existing-home sales bounced back in September, surging to the highest annual pace of the year, according to the latest report from the National Association of REALTORS®. All regions except for the Midwest reported gains in sales last month.
Northern Nevada Housing Market Update November 6th
Join Nevada Attorney General Catherine Cortez Masto and analyst expert Jeremy Aguero on Thursday, November 6th, at 2:00pm at the Reno/Sparks Association of REALTORS® office for an event that will provide an in-depth look at the current Northern Nevada housing market and examine trends and expectations for the upcoming year.
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.
Foreclosure help for Nevadans
Did you know that the National Association of REALTORS® (NAR) has provided a Foreclosure Prevention and Response (FPR) Grant Program to aid REALTORS®, their clients, and the nation’s communities in facing the challenges of the current market? The Nevada Association of REALTORS® (NVAR) received the grant to aid Nevada communities in facing the current foreclosure challenges. NVAR, in conjunction with the local REALTOR® associations, has created a website that offers foreclosure counseling and information to help Nevadans develop coordinated plans of action to prevent foreclosures and respond to their adverse effects.
Click here to visit foreclosurehelpfornevadans.org
Nevada rental deposit
Did you know there are funds available to assist individuals with their initial security deposit through a no interest loan program to move into rental property that the Housing Authority owns or manages? The Nevada Association of REALTORS®, in partnership with local Associations and Nevada Housing Authorities, has created the NVrentaldepositprogram.org website to assist working individuals who meet specific qualifications to tap into this Security Deposit grant money.
Click here to visit nvrentaldepositprogram.org and find out more.