The Affordable Connectivity Program connected more than 23 million low-income households to the Internet at the height of the pandemic, but now, the ACP is running out of cash and coming to an end.

According to figures from the Las Vegas Realtors trade group, the median price for an existing home in Southern Nevada is $465,000, up 9% from the same time a year ago and nearing an all-time high of $482,000. As high as our home prices here seem, Stephen Miller, a professor of economics at UNLV, says homes are actually a bargain here compared to many other cities in the western United States.

Just as international migration soared in other states, it dropped precipitously in Nevada. Clark County, home to the tourist-magnet city of Las Vegas, saw a decrease of 58%, the biggest among counties where a half-million or more people live, Census Bureau figures show.

The pandemic hit Nevada hard, but it eventually eased and the state came back to life economically, just not as fast as the rest of the country. Though our unemployment rate is one of the highest in the country, it’s still around 5%, which economists have long said amounts to full employment. What’s hurting is inflation combined with a very low rate of wage growth.

Nevada Democrats and Republicans are playing a game of tug of war when it comes to the housing crisis, arguing who is to blame for the high costs of housing — and whose ideas would fix the problem.

Confusion, chaos and misinformation are spreading like wildfire throughout the real estate world as the industry grapples with the potential fallout of a settlement concerning the National Association of Realtors and agent commissions.