Inside this issue
  Taxbot webinar offered to Nevada REALTORS on May 23  

"How to get the most out of new tax law if you're self-employed"

Did you know that the quickest way to accumulate wealth is lower your taxes to the legal limit? If you could simply keep more of the money you earn, it makes a huge difference. If you don't plug those holes then you are constantly filling a leaky bucket.

Join us for this webinar where you will learn why tax planning is so important. Taxbot will also teach strategies that you can implement right away that could put thousands back in your pocket this year. The webinar is scheduled for Wednesday, May 23, 2018 at 10 a.m. 

Click here to register for the webinar.


  Freddie Mac: Rising interest rates aren't holding back homebuyers  
  Interest rates remained steady last week, but even their significant increase from last year isn't holding back homebuyers, according to Freddie Mac's Primary Mortgage Market survey.

The 30-year fixed-rate mortgage remained unchanged from its average 4.55% last week for the week ending May 10, 2018. This is up from 4.05% last year. The 15-year FRM fell slightly, sliding from 4.03% last week to 4.01% this week. But this is still up from 3.29% last year.

The five-year Treasury-indexed hybrid adjustable-rate mortgage increased to an average 3.77% this week, up from 3.69% last week and 3.14% last year. Click here and view the entire story.



  REALTOR Magazine: Housing starts feeling effects of labor force with limited skills, lack of mobility  

Currently, 6.7 million unemployed people in the U.S. are actively seeking work, while the country has 6.3 million job openings. Theoretically, we would have no unemployment if the job seekers filled those open spots. The real world, however, is more complicated. We have a labor force largely deficient in the skills needed to fill many of the vacancies. In other cases, there are not enough workers willing to relocate to an area where they could be hired.

One industry suffering from such labor-market friction is construction. Home builders can pretty much find a buyer and pocket a tidy profit for any home they build. But they cannot build as many homes as they'd like to because of the difficulty in finding skilled construction workers. The average hourly wage for a non-supervisory worker in construction is $27.36, or $57,000 a year. Click here to read the complete article.



  Facts you should know about VA mortgages  

In honor of May being Military Appreciation Month, Military Times article proves timely

Purchasing a home can be a complicated process, especially for first-time buyers who are just learning the ropes. But one thing that doesn't have to be overly complicated is a VA mortgage loan. Designed for veterans, these mortgages can be a great deal-especially for buyers who are struggling to save for a down payment.

VA mortgage loans have certain eligibility criteria that must be met along with program specific forms to complete prior to applying for a VA mortgage. So that you can confidently prepare yourself for the process ahead and decide if a VA mortgage is right for you, let's walk through several of the most commonly asked questions and facts you might not know about the program. Click here to read the full list.