Shawn McCoy In The News

Las Vegas Review Journal
Wall Street-backed hedge funds, corporate landlords and cash rich investors have been buying up single-family homes across the country as far back as 2009, which experts say means fewer houses on the market for families to purchase. That also could lead to higher rental prices and fewer affordable homes in regions like the Las Vegas Valley. A MetLife Investment Management study shows these companies could own close to 40 percent of all U.S. houses by 2030.
Las Vegas Review Journal
The word of the year when it comes to Las Vegas real estate has to be “inflation.” High interest rates — not seen since the beginning of the Great Recession in 2008 — were brought in by the Federal Reserve last year to stem runaway inflation, brought on by pandemic restrictions wreaking absolute havoc on the global economy. This put a serious damper on the national housing market, and Las Vegas was not immune to the pain.
Las Vegas Review Journal
All eyes will be on the Federal Reserve in gauging where Las Vegas Valley’s real estate market could head next year, area real estate agents said.
Las Vegas Review Journal
Las Vegas Realtor Noah Herrera is noticing a few eerie similarities between the housing market before the 2008-09 economic crisis and the current scene.
K.T.N.V. T.V. ABC 13
Las Vegas has the fourth highest home foreclosure rate in the country, according to a study by online real estate data company ATTOM.
K.L.A.S. T.V. 8 News Now
A new study by the University of Nevada, Las Vegas shows an interesting trend in rent prices across the valley. Rent is increasing in lower-income areas while decreasing in higher-income areas.
K.T.N.V. T.V. ABC 13
The average rent prices are down in our valley, according to a July report, but a new UNLV study reveals the trend may only be happening in certain neighborhoods.
Las Vegas Review Journal
Low-income renters in Las Vegas are feeling the pain due to a rare market phenomenon, according to a new study from UNLV’s Lied Center for Real Estate. Director Shawn McCoy, the author of the study, said one graph tells a compelling story.