As we unwrap a new calendar, and break open 2022, I wanted to take a few moments to wish you all a healthy, happy, and prosperous upcoming 12 months and beyond. A new year offers a chance for a fresh start and clean slate. I urge all 20,000-plus members statewide to set high goals in 2022 and strive to achieve them.
Our leadership and staff here at Nevada REALTORS® believe it's important to express our gratitude to you, our fine NVR members. We are grateful to all who stand with us to fight for the rights of property owners, in making our voices heard as advocates for laws, regulations and policies that protect consumers and keep the dream of homeownership alive.
No matter your specialty in real state - whether you represent more sellers or buyers, work in residential or commercial, lend or appraise or manage or invest in real estate - you are a valued member of NVR and a vital reason our industry is thriving throughout the Silver State even during these challenging times. The Nevada real estate market has held strong throughout the pandemic and that is something all REALTORS® can be thankful for.
Throughout 2021, I was fortunate to serve as NVR President Elect and learn from an outstanding President, Brad Spires. Now, I'm looking ahead to a successful new year and providing further strong leadership for Nevada REALTORS® and our industry. We know the real estate environment is ever-changing and brings constant challenges. It is paramount to make sure the things we cherish most - family, friendship, community - are valued and remain stable. Additionally, I strongly encourage you to show your appreciation for others. Make those a priority and your efforts will pay off in countless ways.
NVR has recently eclipsed 70 years as the state's trusted advocate for REALTORS®. We are proud of our legacy of service, appreciative of our volunteers' tireless efforts and excited for the promise of all that awaits as we continue to work together. The dedication of our REALTOR® family will continue to make a positive difference. I am grateful and honored to serve as your NVR President in 2022! I appreciate the opportunity and very much look forward to our year together. I wish you all a productive and rewarding next year.
Christal Park Keegan, NVR Legal Information Line Attorney
The article in the adjacent link addresses a popular issue often discussed on the Legal Information Line. NVR Legal Information Line Attorney Christal Keegan touches on key points during this current busy real estate era like -- what property management activities cross the line thus necessitating obtaining a property management permit on top of their real estate license?
Do you know how Nevada law reads on the subject? Read this short legal-themed FAQ article and learn all you need to know. If you have any questions, please email the Legal Information Line at InfoLine@NVRealtors.org. You can view the legal article on the subject by clicking here.
REALTOR Magazine: Investors and move-up buyers will keep home sales humming, but inflation and other issues could be hurdles.
More than 800,000 American lives have been lost to the virus. The employment market is improving but not back to pre-pandemic levels. Many workers have quit their jobs, and there seem to be "help wanted" signs in windows on every street in America. Inflation is quietly stealing our purchasing power. Homelessness is highly visible in major cities. Contempt for differing viewpoints is running high.
The times right now feel like something of a revolution. Yet, there is more wealth accumulation in the country than ever before. Despite some volatility, the stock market hit new highs last year, and home prices consistently increased. Americans' total net worth rose by $31 trillion between the onset of the pandemic and the middle of 2021, the largest hike ever in an 18-month period. Click here to read the full Economic Outlook.
Report provides comprehensive review of the association's major sustainability activities in 2021
The National Association of Realtors® earlier this month released its inaugural ESG+R Report, highlighting the association's top sustainability accomplishments in 2021 within four categories: environment, social, governance and resilience. In the coming years, this annual report will offer a snapshot of NAR's current state of sustainability activity - existing programs, resources and services - while tracking the association's progress over time on stated goals within the context of NAR's multiyear Sustainability and Resilience Plan.