In The News: Molasky Family Department of Economics and Real Estate
Real estate expert Nicholas Irwin breaks down the latest data and trends around default notices in Las Vegas. Find out what rising notices might mean for the local housing market and homeowners.
Over the past decade or so, various cities throughout the United States have developed legislation or policies geared toward regulating short-term rentals, a market which is dominated by San Francisco-based tech company Airbnb. Recently an appeals court in Dallas, Texas, rejected the city’s 2023 ordinance to ban most short-term rentals located in single family zones. The Dallas Short-Term Rental Alliance argued that—under Texas law—they had a right to lease their properties.

One year after then-presidential candidate Donald Trump pledged at a Las Vegas rally to end taxes on tips, the proposal became reality through the megabill passed by House Republicans, potentially affecting thousands of Nevadans who work in the state’s hospitality industry.

For four years, Nevada’s staffing agencies were content with the status quo: a court order preventing the state from enforcing a 2021 labor law. On July 2, their dreams were dashed. That day, District Judge Lynne Jones dealt staffing agencies — which construction firms rely on for temporary workers — a critical blow by allowing the state to begin enforcing a law that could force builders to find their own temporary labor.

Experts note that cuts to services for people with disabilities are often the first to take place, but they’re vital for ensuring independence.

The gaming industry in Las Vegas, a major economic driver generating billions in revenue, is facing challenges as tourism numbers decline.

The “One Big Beautiful Bill” signed by President Donald Trump earlier this month is likely to upend the food assistance program that serves 1 in 6 Nevadans, with expanded work requirements threatening thousands of recipients’ eligibility and the state expected to shoulder more of the program’s administrative costs.

A newly released report is showing inflation is on the rise, making prices higher across the board. The U.S. Bureau of Labor Statistics Consumer Price Index report for June 2025 shows inflation is at 2.7%. That's how much more all items cost this year compared to last year.

North Las Vegas is growing — fast. Thousands of new homes, shopping centers, and businesses are transforming what was once one of the hardest-hit areas during the Great Recession. A brand-new Walmart Supercenter is part of that change.

Declining fertility rates could spell trouble for state budgets as tax revenue declines in the long term.
An economist at the University of Nevada Las Vegas expressed concern about Las Vegas gaming and tourism for the rest of the year and the start of 2026.

Keep your powder dry. That’s the midyear ominous message or warning to Southern Nevada businesses from UNLV Economist Stephen Miller over concerns that show the school’s Center for Business and Economic Research Leading Index for Nevada has fallen 0.9 percent month over month and is down for the year.