Inside this issue
  Center for REALTOR® Financial Wellness introduced  
  The National Association of REALTORS® proudly introduces the Center for REALTOR® Financial Wellness, a new resource designed exclusively to meet the specific financial planning needs of REALTORS®. This new comprehensive program includes education materials and resources for wealth building, business planning, and investing in real estate.

Nearly nine out of 10 REALTORS® are independent contractors and face complex situations when it comes to personal finances. Unique attributes such as fluctuating income, taxing issues, and lack of salary cap require a different perspective.

Log-in to www.FinancialWellness.realtor to assess your current financial profile, receive personalized financial planning goals, practice financial planning decisions in a risk-free way, and explore a robust library of budgeting, retiring, and real estate investing resources. Click here to read more. 
 

Top

  Workshop scheduled to promote energy efficient homes  
  The Nevada Governor's Office of Energy is gearing up to host a workshop on 'Zero Energy Ready Homes'. The workshop will review how to build a home that produces as much energy as it consumes on an annual basis. 

The Zero Energy Ready Home program is being promoted by the DOE. The workshop, which is addressing a growing market (52 percent spike from 2017 to 2018), is scheduled for 7:30-10:30 a.m. on Sept. 14 at the University of Nevada's Innovation Center. Click here to view the workshop flier and get registration information.
 

Top

  Nation's housing stock aging  
 

Nevada has the youngest housing, a median of 21 years

Earlier this month the National Association of Home Builders' (NAHB's) Eye on Housing blog featured a story on America's aging housing stock.  NAHB analyst Na Zhao used 2016 American Community Survey (ACS) data to put the median age of owner-occupied homes at 37 years compared to a median age of 31 years in 2005. The aging trend had picked up speed during the Great Recession.

Zhao says the age of the housing stock is an important indicator for home remodeling as older houses are less energy efficient than new construction and ultimately will require remodeling and renovation lest they fall into disrepair and out of the housing inventory. Now the author takes another and more granular look at the issue and finds noticeable variations in the median age of housing across the states. New York has the oldest owner-occupied homes at 57 years although more than half of the owner-occupied homes in the District of Columbia were built more than 75 years ago. The District is not considered a typical market because the entire area is urban. Other "old" states are concentrated in the Northeast, with Massachusetts and Rhode Island having median ages of 54 and 53 years respectively. Click here to read more.

 

Top

  Realtor.com hosting annual Results Summit in Las Vegas  
  Realtor.com is hosting its annual Results Summit Oct. 1-2 at the Aria Resort & Casino in Las Vegas. The event will feature sessions on everything from marketing to time management to lead generation as well as a myriad of panel discussions. 

The event's registration fee is $299 through Sept. 14 and then bumps to $399 up until the conference start. Go to Realtor.com/Summit to learn all about the upcoming event. 

In other Realtor.com news, the website business announced last week it had agreed to acquire Opcity, the market-leading real estate technology platform that matches qualified home buyers and sellers with real estate professionals in real time. As a result of its ability to help drive higher ROI for brokers and their agents, Opcity has built a client base of more than 5,000 brokerages and 40,000 agents since 2015. Read the full press release by clicking here.
 

Top

  YPN Mixer scheduled for Sept. 18  
  Nevada REALTORS® will host a YPN Mixer on Tuesday, Sept. 18. The event is scheduled from 4:30-6 p.m. in the Hideaway at the Renaissance Hotel in Reno. 

To RSVP for the event contact Karen Schweizer at KarenAnn@NVAR.org. The group will also host a mixer in Las Vegas on Thursday Dec. 6. Further details to follow soon. 
 

Top