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NVR Leadership Academy ready for 2020 kickoff
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 The New Year is always a good time for a fresh start. To that end, Nevada REALTORS® Leadership Academy is about to kick off its 21st year of programming as its new class will experience the Program #1 curriculum Feb. 4-6 in Scottsdale, Ariz. The new class is comprised of 16 ambitious REALTORS® from across the Silver State.
Las Vegas REALTOR® Stephanie Mangual, will serve as the Leadership Academy dean in 2020. Marcella Syme (Elko) is the past dean while Tom Blanchard (Las Vegas) is the second-year trustee, and Jordan Ames (Reno), a 2018 program graduate is the rookie trustee. Click here to learn more about the 2020 class. |
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How many homes needed to fix housing shortage?
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.jpg) America's housing shortage is definitely no secret. But just how bad is it? According to a new analysis from Realtor.com, the market needs a whopping 3.8 million additional new homes to fully meet consumer demand.
Since 2012, nearly 10 million new households were formed in the U.S. Only 5.92 million single-family homes were built in that same period, leaving what Javier Vargas, Realtor.com's director of economic research, calls "a nearly insatiable appetite from potential buyers, especially in the lower end of the market." Click here to read the full Forbes article.
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The Code Toughens Its Words
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An implicit anti-discrimination ban is now spelled out by a new standard of practice in the Code of Ethics
 REALTORS® pledge to live by the Code of Ethics outlined by the National Association of REALTORS®. NAR commemorated the 50-year anniversary of the Fair Housing Act in 2018, and fair housing has been enshrined in the REALTOR® Code since 1974 - at the time mirroring the federally protected classes. In the years since, REALTORS® have moved ahead of these federal protections, adding sexual orientation and gender identity as protected classes in 2010 and 2013, respectively ... NAR's Board of Directors recently approved a new standard of practice to Article 3, effective Jan. 1, 2020: REALTORS® may not refuse to cooperate on the basis of a broker's race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity.
That which was previously implicitly prohibited is now explicitly prohibited. The revision dispenses with any subtlety on that issue and trumpets loudly that discrimination in our REALTOR® family will not be tolerated and will subject offenders to swift and serious sanctions. You can read the full REALTOR® Magazine article by clicking here. |
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Different kind of gender gap: Single women own more homes than single men
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Las Vegas one of rare cities to buck that trend
 In much of the United States, single women are outpacing single men when it comes to homeownership. This trend may be somewhat surprising, given the average woman in the U.S. only makes 79 cents for every dollar a man earns. Nonetheless, the data clearly indicates that single women are more likely to own a home than single men are.
For example, in the New York metropolitan area, single women own 13.3% of owner-occupied homes. In the San Francisco metro area, that number is 12.1%. On the flip side, single men only account for 7.9% of owner-occupied homes in the New York metro area and 7.6% of owner-occupied homes in the San Francisco metro area. These numbers are typical for the nation's 50 largest metro areas. Click here to read more.
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