Inside this issue
  UPDATED GUIDANCE: Eviction Moratorium in place through 3/31  
By Tiffany Banks, Nevada REALTORS® General Counsel

On Sunday night (12/13), Governor Sisolak announced Emergency Directive 036 which implements a statewide eviction moratorium set to expire March 31, 2021. This moratorium is different than his previous directive, applying only to certain covered persons or tenants unable to pay rent due to circumstances related to COVID-19 that would likely become homeless or forced to move into a shared living situation if evicted.

In order to qualify as a covered person, the tenant must satisfy one of the following three criteria: 1) the tenant expects to earn no more than $99,000 in annual income for Calendar year 2020; 2) the tenant was not required to report any income in 2019 to the IRS; or 3) the tenant received an Economic Impact Payment. Click here to contiue reading the updated guidance.


  HELP: Coronavirus Distribution  
  NVR members, as a public service to help in how public health agencies deal with the communication side of the Coronavirus vaccine distribution, we request your participation in an important study for health providers and the public.

•The University of Nevada, Reno School of Medicine, University of Nevada, Reno School of Community Health Sciences, Nevada Department of Health and Human Services, and Immunize Nevada have joined forces to obtain information from the public and health care providers on their knowledge, attitudes and utilization of COVID-19 vaccines - which are on the cusp of being available (mainly for providers at first). The group has designed a study that will collect anonymous information that will be used and shared with key stakeholders to help inform targeted communication and messaging strategies aimed at increasing vaccine awareness and uptake in our State.

The survey takes just a few minutes, but your input will help to inform consistent communication around the COVID-19 vaccine throughout our State when a vaccine is approved for distribution. Links to the two surveys: a public/citizen survey and a health care provider/trainee survey are included below. Please take one of the surveys only.

Public citizen survey:
Health care provider/trainee survey:


  Annual U.S. home Oct. appreciation fastest since April '14  
  National home prices increased 7.3% year over year in October 2020, according to the latest CoreLogic Home Price Index (HPI®) Report. The October 2020 HPI gain was up from the October 2019 gain of 3.5% and was the highest year-over-year gain since April 2014.

The pandemic has shifted home buyer interest toward detached rather than attached homes as detached homes have more living area and tend to be located in less densely populated neighborhoods.  Prices of single-family detached homes posted an annual increase of 7.9% in October, compared with a 4.5% annual price rise in attached homes. Click here to read more.


  Trends driving hyperactivity in real estate market.  
  Despite the economic uncertainties continuing to surround the pandemic, one fact has become crystal clear: Americans are ready to buy a new home. Low inventory, bidding wars, and record-low mortgage rates are giving consumers a new sense of FOMO-fear of missing out-and spawning a hot housing market, Ali Wolf, chief economist for real estate analytics company Zonda, said Thursday during the National Association of REALTORS®' virtual Real Estate Forecast Summit.

For some Americans, soaring home equity and gains in the stock market are padding the financial impact of a pandemic-fueled recession. Pending home sales are up 20% from a year ago, buyer traffic is up 32%, and mortgage applications are up 27%-all indicators that this winter may be the best ever for the housing market, NAR Chief Economist Lawrence Yun said. Read the full Forecast Summit review here.