Inside this issue
  NVR concludes 2019 with meetings, installation  
  Nevada REALTORS® honored leading members during its annual Installation Gala Friday night in southern Nevada at the M Resort Spa Las Vegas. The state association honored long-time industry leader Keith Lynam as its 2019 Nevada REALTOR® of the Year and recognized others from around the state for their continued service to their association, their profession and their communities. 

In addition to announcing its annual industry award winners, the event honored Las Vegas REALTOR® Chris Bishop, who was installed as the 2020 NVR President. Bishop is no stranger to leadership having served as the GLVAR President in 2018. NVR's 2020 Board of Director members were also installed in advance of their upcoming year of service. Click here to read more and see the full list of award winners.


  REALTOR® Magazine: When it comes to mentoring, one teaches, two learn  

Agents who mentor others in the business say benefits go both ways

Michelle Gordon, of Grand Rapids, Mich., likes to share the story of her "aha" moment when she realized the importance of mentoring. It was four years ago, when a local East Grand Rapids powerhouse broker named Nancy Orr died. Orr had been the owner of Village Belles Real Estate before it was acquired by another company in 2002. She remained active in the business for many years, but as far as Gordon knows, Orr didn't have anyone to take over her business.

Gordon had been actively taking newer practitioners under her wings since 2008, but Orr's death stirred her passion: Through mentoring, she realized, you build a legacy, whether you're creating a formal succession plan with the goal of selling your book of business or simply fostering good habits among those who will carry on the profession. Continue reading by clicking here.



  U.S. economic growth pushes home builder confidence to 10-year high  

Homebuilder confidence grew in December thanks to the nation's low-interest rates and strong job market, according to this month's Housing Market Index. The National Association of Home Builders and Wells Fargo, which publish the monthly report,  revealed sentiment increased by 5 points to 75, marking the highest reading since June of 1999.

In December, the index measuring current sales conditions rose to 84 points, while buyer traffic grew to 58 points and sales expectations over the next six months inched forward to 79 points. The three-month moving averages for regional HMI scores show the South grew to 76 points, the West increased to 84 points and the Midwest climbed to 63 points. However, the report indicates the Northeast declined to 61 points. Click here to view the full story.