Inside this issue
  Paycheck Protection Program; Round 2  
 
Tiffany Banks, Nevada REALTORSĀ® General Counsel

The U.S. Small Business Administration recently announced that banks will start lending money to small businesses under Round 2 of the Paycheck Protection Program. The Nevada District Office of the SBA has been tremendously helpful and is available to answer specific questions you may have at nvdo@sba.gov.  You can also call 702.388.6611 or visit the website here.

You may find the following information helpful as you navigate this process. Click here to read and download the full document. 
 

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  Upcoming webinar to detail Amarki marketing tools for NVR members  
 
Amarki is a member benefit partner of Nevada REALTORS and will be hosting a webinar later in the month to promote its easy and affordable marketing tools. Check it out.



Click here to register in advance for this meetingAfter registering, you will receive a confirmation email containing information about joining the meeting.
 

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  REALTORĀ® Magazine: Myriad of Home Trends to Gain Momentum in 2021  
 

As homeowners continue to stay in, many seek new ways to improve their abode's function, aesthetics, fun.


When it comes to the home and design trends experts anticipate prevailing in the year ahead, the overarching theme will be options in abundance.

While homeowners continue to want their outdoor spaces that offer a safe retreat, that appeal has shifted into other parts of the home, coupling comfort with function. In other words, homeowners want amenities for work and leisure, and they plan to enjoy long them long after the pandemic.

Click here to read 10 key trends to watch in 2021.

 

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  Owning home more affordable than renting in most U.S. housing markets  
 

Clark County among 44 U.S. counties with a population of 1 million or more where it is more affordable to buy a home than rent 


ATTOM Data Solutions released its 2021 Rental Affordability Report earlier this month, which shows that owning a median-priced three-bedroom home is more affordable than renting a three-bedroom property in 572, or 63 percent of the 915 U.S. counties analyzed for the report. That has happened even though median home prices have increased more than average rents over the past year in 83 percent of those counties and have risen more than wages in almost two-thirds of the nation.

The analysis incorporated recently released fair market rent data for 2021 from the U.S. Department of Housing and Urban Development, wage data from the Bureau of Labor Statistics along with public record sales deed data from ATTOM in 915 U.S. counties with sufficient home sales data (see full methodology below). Click here to read the full story.

 

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