Inside this issue
  NVR to publish best practice articles on Title issues  
 

Nevada REALTORS® brokers and agents, as we gear up for a very successful 2020 here at NVR, our attorneys have been working hard creating a series of Title articles. These will launch in early January and feature best practices for navigating common issues with title companies.  REALTORS® have long heard about inducements and business email compromise, but the nuances are now MORE important than ever. These upcoming articles are aimed at educating you, as a broker, on your potential liability and mitigating damages, educating your agents, and serving your clients best by diligently protecting their personal information. Watch your eNews for the first part of the Title series this January and call the Legal Information at 800-748-6999 with any questions.    

 

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  View, purchase NVR installation pictures  
  Las Vegas REALTOR® Chris Bishop was installed as the Nevada REALTORS® 2020 President during a ceremony Dec. 13 at the M Resort Spa Casino Las Vegas. The winter holiday-themed event brought NVR members and guests out in droves and an abundance of fun, new memories were made.

You can view and purchase hundreds of photo images from the event. Just go to the Exceed Photography image gallery by clicking here. Buyers can purchase a digital file or prints ranging in sizes of 4 by 6 inches to 24 by 36 inches. 
 

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  Four reasons there's not enough building  
 

Real Estate Forecast Summit economists: RE will be on firm footing in 2020, but handful of issues getting in way of meeting new residential construction demand

While industry economists at the National Association of REALTORS®' Real Estate Forecast Summit earlier this month were optimistic about the housing market's performance in 2020, they also discussed challenges that continue to throw markets off balance. One big one: the continued need for more new construction to meet new household formation and replace obsolete stock.

The 14 economists, who delivered a consensus forecast last week, expect home sales and price gains to continue into 2020, albeit at a slower pace. Economists at the NAR summit pointed to several factors that are making it harder to get new supply into the market. Read more about those factors by clicking here.

 

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  realtor.com: Could January be the new April for home shopping?  
 

Historically, April launched the kickoff of the home shopping season as buyers would come out of their winter hibernation looking for their new home. However, the spring shopping season now starts in January for many of the nation's largest markets, according to new research released today by realtor.com®. The analysis is based on average monthly views per listing on realtor.com® from 2015 to 2019.

In contrast, for 2019, the month of January fell 1 percent below February for most monthly views per listing on realtor.com®. January surged to the top in 20 of the 100 largest metro areas, including New York, Los Angeles, Dallas, Houston, Seattle, San Francisco, San Jose, Calif., Denver and Las Vegas among others. In 2018, that was true for just three of the top 100 metros. Click here to read more and view the top markets where January was the most competitive month in 2019.

 

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