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.

In Part I of this article, I showed how economic growth has slowly declined in all major industrialized economies. I did my review based on 20 countries from around the world, including Australia and Japan, but the GDP growth problem is most pervasive in Europe.

Buying a home could get more expensive after the National Association of Realtors changed several long-standing policies after a massive settlement was reached. According to the Associated Press, the NAR agreed to pay $418 million to sellers following several lawsuits that were raised. The trade group demolished an old-standing policy of the seller paying the commission of both brokers in a real estate transaction. It's usually 5 to 6 percent.

When President Biden flies into Nevada on Monday and to Arizona the following day, he’s likely to compliment the West’s natural beauty, pay homage to the unmatched political power of the Culinary Workers Union and nod to local Democratic elected officials.

When President Biden flies into Nevada on Monday and to Arizona the following day, he’s likely to compliment the West’s natural beauty, pay homage to the unmatched political power of the Culinary Workers Union and nod to local Democratic elected officials. Another truth about his visit to the two Southwestern states may remain unspoken: Though together they are home to only about 3% of the U.S. population, Arizona and Nevada are expected to have an outsize influence on the outcome of the 2024 presidential race.

During this year’s Super Bowl in Las Vegas, fans were stunned to see hotel rates skyrocket, with budget properties charging ultra-luxury prices. The following month, I received my own surprise: A night at some of the same lodgings on the Strip cost less than a stadium beer and pretzel.

During this year’s Super Bowl in Las Vegas, fans were stunned to see hotel rates skyrocket, with budget properties charging ultraluxury prices. The following month, I received my own surprise: A night at some of the same lodgings on the Strip cost less than a stadium beer and pretzel.

Nevada remains stuck at 5.3% unemployment despite job growth statistics that suggest there’s plenty of work out there. Why hasn’t the state’s unemployment rate returned to pre-pandemic levels, when it was around 3.6%? That was the lowest it had been since 1976, and it was roughly equal to the national average just before the COVID-19 lockdown four years ago.

Nevada remains stuck at 5.3% unemployment despite job growth statistics that suggest there’s plenty of work out there. Why hasn’t the state’s unemployment rate returned to pre-pandemic levels, when it was around 3.6%? That was the lowest it had been since 1976, and it was roughly equal to the national average just before the COVID-19 lockdown four years ago.

Southern Nevada’s economy is less diversified compared to other Mountain West metropolitan areas despite gains in key economic sectors over the past decade. The Nevada Governor’s Office of Economic Development (GOED) unveiled a study prepared by UNLV’s Brookings Mountain West, Center for Business and Economic Research (CBER) and Transportation Research Center that addresses key barriers and makes recommendations to strengthen and diversify the Southern Nevada economy.

Last month, the Super Bowl was held here in Las Vegas. The event had a significant economic impact on the Entertainment Capital of the World. Here to speak about that, as well as the state of the U.S. economy, is University of Nevada, Las Vegas economics professor Stephen Miller. He is the Director of Research for the Center for Business and Economic Research at UNLV’s Lee Business School.

The Bitsize Business Breakfast Podcast goes on a discussion with Professor of Economics, Stephen Miller, regarding the inflation measure of 2.4% for January and the overall prospective future of the United States economy, especially with the election around the corner.