Economists know that the prices of houses tend to drop in the aftermath of a nearby wildfire. But a new paper reveals good news for those who have invested in vulnerable woodland property: Unless you can literally see the fire scar from your home, these prices rebound within a couple of years.

At 5 a.m. Sunday, UNLV sophomore Roxayna Pais and her make-a-thon team huddled inside the school of architecture, piecing together bits of foam boards and typing the finishing touches to lines of code.

A ruined view following a wildfire affects property values, but only because it's a painful reminder of risk, economists find.

Homes regain value in less than two years, study says

A recent study finds that some of the West’s most fire-prone areas — densely forested, scenic landscapes — are also some of its most desirable.

More people than ever want to live on the wild edges of Western cities, despite the risk wildfires pose to their homes. A recent study by researchers at the University of Nevada, Las Vegas, found that wildfires drive down real estate prices only in the immediate aftermath of a disaster. Home prices in burned areas typically rebound to pre-fire levels within one to two years.

More people than ever want to live on the wild edges of Western cities, despite the risk wildfires pose to their homes. A recent study by researchers at the University of Nevada, Las Vegas, found that wildfires drive down real estate prices only in the immediate aftermath of a disaster. Home prices in burned areas typically rebound to pre-fire levels within one to two years.

More than two-thirds of Nevadans live in a federally designated Primary Care Health Professional Shortage Area.

Building a startup is no easy task. But the heads of Ross & Snow said Las Vegas’ downtown startup community has made all the difference.

The local economy is looking strong in Southern Nevada, but that doesn’t mean businesses shouldn’t prepare for the worst. Stephen Miller, director of UNLV’s Center for Business and Economic Research, shared a positive message during his “End of the Year Economic Update” at the Henderson Chamber of Commerce networking breakfast last week.

Las Vegas is having a tough time living down its sordid past. Not that sordid past. It’s our reputation as Ground Zero in the foreclosure crisis a decade ago that has Southern Nevada in the news now.

Her mother is a blackjack dealer at Caesar’s Palace, one of the mega-casinos on the Las Vegas Strip, while her father works in housekeeping at another. Han, 25, grew up in Las Vegas, but went to college in the Bay Area and spent a year there working as a biochemist.