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THE BUZZ - Greater Las Vegas Association of Realtors

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BUZZ<br />

THE<br />

COMMUNICATIONS<br />

REAL ESTATE<br />

TOPICS<br />

WORTH<br />

TALKING<br />

ABOUT<br />

[ BY TIFFANY JAMES, COMMUNICATIONS DIRECTOR ]<br />

GLVAR LISTINGS ON TV<br />

When REALTOR.com ® launched the<br />

REALTOR.com ® Channel they selected<br />

GLVAR as its first beta market. Cox<br />

Cable subscribers who have access to<br />

the Cox On-Demand feature are able<br />

to view listings through the Free Zone<br />

option. Visit page 14 for more info.<br />

COLLEGE DORMS<br />

FOR LET Private real<br />

estate companies are<br />

being asked to take<br />

over the management<br />

of on-campus<br />

housing.<br />

http://bit.ly/10FjUCE<br />

MEDIAN PRICES<br />

INCREASED GLVAR’s<br />

area-wide housing statistics<br />

report median home<br />

prices increased by 24%<br />

from December 2011 to<br />

December 2012.<br />

http://bit.ly/11PsrTO<br />

AMERICAN TAXPAYER<br />

RELIEF ACT OF 2012<br />

EXTENDED Congress helped<br />

short-sellers and homeowners<br />

receiving loan modifications by<br />

extending tax relief for one more<br />

year that forgives mortgage<br />

debt in such transactions.<br />

http://bit.ly/ThQWGO<br />

GSES REJECTING OFFERS<br />

GLVAR leadership- in response to reports<br />

that Fannie Mae is rejecting short-sale<br />

offers at near appraised values by<br />

raising asking prices by upwards of<br />

$40,000- is working with Fannie Mae<br />

officials, NAR and federal government<br />

leaders to convince Fannie Mae to get<br />

back to accepting reasonable offers.<br />

CODE OF ETHICS<br />

TURNS 100<br />

2013 marks the100th<br />

Anniversary of the<br />

NAR Code of Ethics.<br />

Take a step back in<br />

history and visit page<br />

18 to read the first<br />

draft.<br />

[ 12 ]<br />

SOUTHERN NEVADA REALTOR ® FEBRUARY 2013 www.LasVegasRealtor.com<br />

NEW QUALIFIED MORTGAGE<br />

RULE NAR achieved a significant<br />

victory in obtaining a safe harbor in<br />

the QM rule for loans underwritten<br />

to the automated standards of the<br />

GSEs, FHA, VA and RHS.<br />

http://bit.ly/We81zX

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