Inside this issue
  Nevada's 2019 Legislative Session gets underway  
  The Nevada Legislature kicked off its 2019 legislative session Monday in Carson City. This year marks the 80th session in state history. The 120-day session is set to run through Monday June 3. According to the Reno Gazette Journal, more than 1,200 bills are likely to be considered, however only half of those may actually gain passage from the only female-majority state house in the U.S.

Nevada REALTORS® is present in Carson City every day of the session, representing your interests. Be sure to check your email inboxes for NVR's weekly newsletter, The Advocate, which will highlight the Legislature's work, specifically issues that impact real estate. For more information on the Nevada Legislature you can go to its website by clicking here.   
 

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  That's so 2018! Outdated mortgage advice you should ignore  
 

Buying a house is one of the most exciting things you'll ever do in your life - and signing the mortgage for that house will probably be one of the most terrifying.

Since navigating the home loan process can be scary to do alone, many people might be tempted to seek out guidance from someone who's been there, done that. But you should probably ignore everything your Uncle Bob says. (Sorry, Bob!) And Aunt Sue, while we're at it. They may mean well, but let's face it, they haven't taken out a mortgage in 20 years. In fact, even a friend or family member who got a mortgage last year might lead you far astray (in a well-meaning way, of course), since the rules of home financing really do change on a dime. Click here to read more. 

 

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  REALTOR Magazine: '2018 was most profitable time to sell in 12 years'  
 

Median home sale prices zoomed to an all-time high last year, helping home sellers net higher profits. The average home price gain since purchase was $61,000 in 2018, up from $50,000 last year, according to ATTOM Data Solutions' Year-End 2018 U.S. Home Sales Report. That marks the highest gains for sellers since 2006. In 2018, sellers averaged a 32.6 percent return on investment compared to their original purchase price.

The U.S. median home price in 2018 was $248,000, up 5.5 percent from 2017 to a new record high. ATTOM researchers analyzed 217 metro areas with populations greater than 200,000 to find the highest returns on investment. The cities were predominantly located in the west. The highest average returns on investment for home sellers last year were in San Jose, Calif. (108 percent); San Francisco (78.6 percent); Seattle (70.7 percent); Merced, Calif. (66.4 percent); and Santa Rosa, Calif. (66.1 percent). Click here to read the full REALTOR® Magazine article.
 


 

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  Health care plans available for Nevada REALTORS  
 
Good News for All Nevada REALTORS Members
 
We're excited to announce that Hometown Health and Nevada REALTORS® have joined together to offer the Nevada REALTORS® Health Plan exclusively for Nevada REALTORS® members!
 
Enrollment is underway for March 1 and April 1 effective dates.
 
Exciting Benefits of Enrolling in a NVR Plan
  • Members can save up to 26% on premiums by switching to the Nevada REALTORS® Health Plan from the individual market 
  • Plans are guaranteed issue
  • No pre-existing condition limitations
  • ACA compliant - meets minimum essential coverage guidelines
  • Plans provide access to Renown Health providers
  • Available statewide (with the exception of Clark County*)
Visit the website for more details
 
 
 
Contact Hometown Health or your health insurance broker 
for more information!
 
Hometown Health Telephone:
Toll Free 800-336-0123
 
*If you live in Clark County, please visit www.themulticaregroup.com
to learn more about the GLVAR health plan.
 

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