Inside this issue
  NVR General Counsel, lobbyist share insights in community  
  Nevada REALTORS┬« continues to work to educate members and consumers around the state on its advocacy efforts and mission statement. On Saturday, NVR General Counsel Tiffany Banks and NVR's contract lobbyist Jenny Reese, of Carrara Nevada, were guest speakers for Judge Jim Spoo's paralegal course, discussing Nevada's laws and legislature.

Reese explained the impacts of lobbying for a large trade association, specifically Nevada REALTORS. Banks focused on the Silver state's legal process and the importance of how legal language is drafted. Banks said she was impressed with the students' eagerness to learn about the legislative process and hear about the behind-the-scenes work that goes on during the biennium's legislative session.
 

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  Wallethub lists 'Happiest Cities in America'  
 

Reno, Las Vegas fall far from the top

The U.S. Declaration of Independence speaks about the "pursuit of happiness" as a universal right. However, everyone gets joy from different things, whether it's family, friends, activities, entertainment or work. What people might not realize is that where you live may also determine how happy you are.

Location plays a hand in how bright or gloomy our days are. For years, researchers have studied the science of happiness and found that its key ingredients include a positive mental state, healthy body, strong social connections, job satisfaction and financial well-being. However, money can only make you so happy - people who make $75,000 a year won't get any higher satisfaction from more money. Read more of the article by clicking here.

 

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  REALTOR Magazine: Is a swell of big houses for sale coming?  
  Baby boomers and retirees who had built supersized homes may find it tougher to sell them. And that's prompting sellers to consider some deep price cuts to try to attract more buyers.

About 15 years ago, many retirees rushed to build high-end, five- or six-bedroom houses in warm climates, encouraged by easy access to credit and a housing boom. But keeping up with maintenance requirements of these homes can be challenging as they age. In addition, younger home buyers aren't showing a high desire for these "McMansions," instead showing a preference for smaller, more modern-looking homes that are less expensive, The Wall Street Journal reports. Click here to continue reading.
 

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  Realtor.com report says the best week of the year to put a house on the market Is...  
 

For the past few years, home sellers have been in the driver's seat. With hordes of buyers fighting over a very limited supply of properties, many homes sold in days-and landed their sellers a windfall. But lately, sellers have been getting nostalgic for the good ol' days as the market has slowed down, with residences taking longer to sell and some even having their price cut.

So sellers angling to unload their abodes fast-and for a boatload of cash-might pin their hopes on the first week of April. The week of March 31 to April 6 was deemed the best time to put a home on the market, according to a recent realtor.com┬« report. (The report looked at the 50 largest real estate markets in the nation over the past three years.) Click here to read the full article. 

 

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  CNBC: Mortgage rates breaking to new lower territory  
 

The average rate on the 30-year fixed mortgage fell again last week, as investors rush into the bond market. Mortgage rates loosely follow the yield on the 10-year Treasury.

The average lender is offering a rate between 4.125 and 4.25 percent, with more aggressive lenders going to 3.875 percent for borrowers with pristine applications, according to Mortgage News Daily. The average rate was at 4.40 percent before the Federal Reserve's announcement Wednesday that it would not raise interest rates this year and that it would start buying bonds again. Read more by clicking here.

 

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