Nicholas Irwin In The News

K.L.A.S. T.V. 8 News Now
Tonya Harvey is always on the go as a freelance photographer, and when she needs a quick pick-me-up, she’ll order a kids’ meal. “I don’t want to waste the whole workout for the morning, but I’m hungry in between gigs and its just enough, gets you through one gig to the next,” Harvey said. “I don’t do it everyday.” And she’s not alone. Lightspeed Commerce surveyed around 44% of adults who order from the kids’ menus at restaurants.
K.S.N.V. T.V. News 3
A recent study by the UNLV Lied Center for Real Estate reveals that prospective homebuyers in Las Vegas need to earn $119,000 annually to afford a median-priced home, estimated at around $400,000.
Mortgage Research Network
Treasury Secretary Scott Bessent hinted at the housing emergency declaration during a Labor Day interview with the Washington Examiner. While Bessent hasn’t offered specifics, he told the Examiner that standardizing local building and zoning codes and decreasing closing costs are some options. The Treasury Department did not respond to requests for an interview for this story.
Las Vegas Review Journal
A Las Vegas Valley worker has to make at least $57.22 an hour to afford a mortgage payment right now, according to a new study by UNLV’s Lied Center for Real Estate.
K.S.N.V. T.V. News 3
As housing prices soar, many are turning to affordable alternatives like tiny homes, RVs, and mobile homes. UNLV Professor Nicholas Irwin, Research Director at the Lied Center for Real Estate, highlighted the changing standards in housing.
K.S.N.V. T.V. News 3
While manufactured homes can be of high quality, they tend to depreciate faster than traditionally built homes.
Vegas Inc
Notices of default issued to property owners across the Las Vegas Valley jumped 28% year-over-year, signaling growing distress in the housing market, according to a summer report from UNLV’s Lied Center for Real Estate. The significant increase points to more homeowners struggling to meet their mortgage obligations.
K.S.N.V. T.V. News 3
TJ Modi, founder and CEO of American Tiny Homes Community, is bringing his vision of affordable tiny home living to Southern Nevada. The new community, located off North Las Vegas Boulevard, is set to open next month and will feature colorful Boxabl homes, a product of the Las Vegas-based manufacturer.