Nevada Lawmakers Should Heed FHFA Warning When Addressing HOA Foreclosure Issue

If lawmakers don’t heed these warnings, FHFA officials have suggested that lenders could seriously curtail or even stop making mortgage loans in Nevada.

As the Nevada Legislature wraps up this month, state lawmakers will be addressing several issues important to homeowners and the local housing market. One of the most crucial, and perhaps most complex, deals with foreclosures by homeowner associations. Groups representing HOAs are fighting any legislation that could threaten or eliminate the so-called super priority lien … [Read more...]

Nevada Homebuilders, Other Voices: Restore Balance, Fairness to Chapter 40

AB 125 will correct out-of-control housing defect litigation Las Vegas, NV –  This week the Nevada legislature is taking up meaningful reform of a broken “Chapter 40” construction defect law that is costly for homeowners and builders alike, the Nevada Home Builders Association reports. AB 125, strongly supported by the homebuilders and others, would restore the intent of … [Read more...]

Are You Optimistic That Our Legislators Will Work Together This Session?

Six Nevada executives share whether or not they are optimistic that our legislators will work together this session.

“I am optimistic they will come together. Once the session commences, the realization usually sets in, that they were elected to do the people’s business and most understand that involves compromise.” Carole Vilardo | President, Nevada Taxpayers Association - “With internal leadership struggles appearing to now be behind us, policymakers can now get down to business and … [Read more...]

Educating, Connecting Entrepreneurs; Median Home Price Hits $200,000; 5K to Raise Funds for Kids with Cancer

Las Vegas Will Launch 1 Million Cups to Educate, Connect Local Entrepreneurs 1 Million Cups, a program to engage, educate and connect entrepreneurs, launched in Las Vegas on Wednesday,  August 13. The weekly event will be located in the inNEVation Center, powered by Switch. 1 Million Cups is a weekly gathering that is building startup communities over cups of coffee and … [Read more...]

Thoran Towler Joins Nevada Association of REALTORS as General Counsel

Thoran Towler, who has served as Nevada’s labor commissioner for three years, is joining the Nevada Association of REALTORS (NVAR) as its general counsel.

RENO – Thoran Towler, who has served as Nevada’s labor commissioner for three years, is joining the Nevada Association of REALTORS (NVAR) as its general counsel. He will provide legal counsel to NVAR, oversee the legal information line operated by the association and play a key role in the government affairs activities of one of the state’s largest professional associations. … [Read more...]

Nevada’s Residential Market: A Season of Change

For the last two years, Nevada’s residential housing market has seen substantial rebound, with significant effect on prices.

For the last two years, Nevada’s residential housing market has seen substantial rebound, with significant effect on prices. Lowered median home prices have created low inventory and a seller’s market, which in turn impacted distressed properties and neighborhoods. “People are a lot smarter today, having learned from mistakes that occurred in the market; buyers are much … [Read more...]

What is your favorite charity?

What is Your Favorite Charity?

“Candlelighters of Southern Nevada is special to me because of the support, education, hope and advocacy they provide families of children with cancer. It’s important for these families to know they are not alone and that someone cares.” Justin Brown | Vice President Regulatory Affairs, Southwest Gas “My most compassionate feelings go out to the single-parent homeless. Our … [Read more...]

NVAR’s Teresa McKee earns industry honor

Teresa McKee photo

NVAR Interim CEO Teresa McKee earns CAE designation from ASAE RENO, Nev. -  Teresa McKee, Interim CEO of the Nevada Association of REALTORS (NVAR), was recently honored by ASAE, the Center for Association Leadership, with its Certified Association Executive (CAE) credential, the highest credential in the association management industry recognizing the top 5 percent of … [Read more...]

NVAR installs new officers for 2014, led by Las Vegas Realtor Kolleen Kelley

NVAR Installs New Officers for 2014, led by Realtor Kolleen Kelley

LAS VEGAS – The Nevada Association of REALTORS (NVAR) installed its new officers for 2014, led by incoming president and longtime Las Vegas REALTOR Kolleen Kelley. During its annual installation event held Dec. 13 in Las Vegas, NVAR also installed 2014 President-elect Kevin Sigstad, of RE/MAX Premier Properties in Reno, and 2014 Treasurer Scott Beaudry, broker and owner of … [Read more...]

NVAR Presents Awards to Top Nevada Realtors

NVAR honored its leading members at an awards event in Las Vegasx, naming longtime industry leader Patty Kelley its Nevada REALTOR of the Year.

LAS VEGAS – The Nevada Association of REALTORS (NVAR) honored its leading members at an awards event in Las Vegas Thursday night, naming longtime industry leader Patty Kelley its 2013 Nevada REALTOR of the Year and recognizing five others from around the state for their continued service to their association, their profession and their communities. Kelley, a longtime Las … [Read more...]

NVAR President Points Out How Real Estate Contributes to Nevada’s Economy

Nevada Business Press Releases for April 10th

Real estate, rising home prices huge help to Nevada economy By Patty Kelley, president of the Nevada Association of Realtors I’ve worked in the real estate industry for 35 years and have been honored to preside at various times over the REALTOR® associations for Las Vegas and for all of Nevada. I’ve seen more studies than I can count on how real estate and home ownership … [Read more...]

What is your hope for 2013?

Nevada Business Magazine - The Last Word - January 2013

“My hope for 2013 is that we find a way to reduce the stigma of HIV/AIDS across the nation so that we may better combat this terrible disease.” Lea Carrasco-Zanini • Executive Director, Golden Rainbow - - “My hope is our company continues to grow and receives a television network deal to further our brand and athlete exposure. I also want to continue giving back to the … [Read more...]

NVAR earns national award for Face of Foreclosure report

Nevada Press Releases for December 19th

RENO, Nev. – The Nevada Association of REALTORS® (NVAR) has received another national award for its 2012 “Face of Foreclosure” report highlighting issues and suggesting solutions to the state’s foreclosure crisis. NVAR’s “Face of Foreclosure” report earned a silver award in the educational programs category in Association TRENDS’ 2012 All-Media Contest. It was one of more … [Read more...]

NVAR’s “Face of Foreclosure” report shows Nevadans split on strategic default

Oct-24

A “Face of Foreclosure” report recently released by the Nevada Association of REALTORS® (NVAR) paints a picture of frustrated but oddly optimistic Nevadans who believe government has failed to address the foreclosure crisis and who are divided over whether homeowners should “strategically default” on their mortgages. Forty-five percent of all Nevadans surveyed said “there is … [Read more...]

Will Nevada’s economy be better this time next year?

09-12-last-word-feature

“Nevada’s economy will mirror that of the overall U.S. economy, in 2013. Our country is facing a challenging financial outlook with large (and growing) federal & state budget deficits, looming tax increases, and likely spending cuts on numerous domestic programs.” Brian D. Lawenda, M.D. • Clinical Director and Radiation Oncologist, 21st Century Oncology  “Our community … [Read more...]

What does the “American Dream” mean to you?

July 2012: What does the "American Dream" mean to you? Nevada Business Magazine

“To me, and to millions of Americans over the years, the American Dream often involves owning your own home. With our economy and housing market in Nevada showing signs of recovery, I look forward to seeing the home ownership rate in our state going back up in the coming years.” Blane Johnson • President, Nevada Association of REALTORS. “For me, the dream is to do work I … [Read more...]

What keeps you up at night?

“My children. Not so much in the traditional sense of making sure they’re safe and sound, but in the sense of their well being if something happened to my wife and I. We’re currently in the process of drafting our estate documents; designating guardians for our young children is of upmost importance at this stage.” Justin Thomas, CFP® • Shareholder/Wealth Advisor, TCI Wealth … [Read more...]

A “Fixer Upper”: Navigating the New Residential Market

Remember when buying a home was as simple as liking the neighborhood, peeking inside closets, flushing the toilets and filling out papers? These days, Nevada’s residential real estate market is a maze to be navigated, with buyers and sellers alike having to juke and swivel around such things as turbulent national and state economies, a saturated market, rampant unemployment, … [Read more...]