Inside this issue
  NVR's Global Council honored by NAR  
  The Nevada REALTORS® Global Business Council learned last week that it had been awarded the 'GOLD Award' from NAR's Global Achievement Program. This marks the second-consecutive year Nevada REALTORS® has earned the Gold honor.
 
In 2016, the first year Nevada's state association applied for global recognition, it earned the 'Silver Award,' meaning NVR's GBC has been honored three straight years for its promotion of global real estate efforts.
 
"I am pleased to inform you that due to all your hard work with your council this past year, you have been awarded the GOLD Global Achievement Program Award!" said Lisa Calarco, NAR's Manager for Business Development and Outreach and Global Alliances. "The councils around the U.S. have set the bar very high this year and you should be extremely proud of your efforts to bring the global marketplace to your members!"
 
NAR's Global achievement has four tiers of awards, starting with Silver, Gold, Platinum and Diamond, which is for associations that have earned Platinum five years or more in a row. In 2017, Nevada REALTORS® was one of just three state associations to earn the Gold award or better.
 

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  Legal Minute: Landlord entry rights  
  The video in the adjacent link discusses a popular issue often discussed on the Legal Information Line. The topic involves a landlord's entry rights.

Do you know how Nevada law reads on the subject? Watch the short Legal Minute video and learn all you need to know.  If you have any questions, please call the Legal Information Line at 800-748-6999. Click here to watch the video.
 

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  Report: Homes hit least affordable level in 10 years  
  U.S. home prices in the third quarter were at the least affordable level since the third quarter of 2008-a 10-year low, according to ATTOM Data Solutions' Q3 2018 U.S. Home Affordability Report. Researchers calculate affordability based on the percentage of income needed to purchase a median-priced home compared to an area's historic averages.

Seventy-eight percent of the 440 U.S. counties analyzed had homes that were less affordable than the long-term affordability averages for the county. Blame the drop in housing affordability on rising mortgage rates, economists say. Click here to read the complete REALTOR® Magazine article. 

 

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  Deadline nears for annual award submissions  
  Nevada REALTORS®  is accepting nominations for 2018 Distinguished REALTOR® Award (NDRA) and REALTOR® Active in Politics award (RAP). The deadline for the NDRA and RAP awards is Friday, Oct. 19. Nominate a deserving REALTOR® today! Click here to submit a nomination.
 

 

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  Nevada Nite Out at NAR Annual  
   

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