Investors received a big boost on January 15 with a December, 2024 Consumer Price Index report showing core inflation rose less than expected. This reassured Wall Street the Federal Reserve could continue to lower interest rates in 2025. The Fed had curbed its benchmark Federal Funds rate three consecutive times in the second half of 2024 but had signaled a halt – or even rate hikes – for 2025 as the US economy kept growing.

A 2023 study by UNLV’s Lied Center for Real Estate Director Shawn McCoy estimates that investors (anyone who has bought more than five homes in the past 10 years) own approximately 15 percent of all of the single-family homes in Clark County and upwards of 25 percent in North Las Vegas, a number that has been rising steadily since the Great Recession.

Nevada ranks first for new homes built in natural landscapes prone to wildfires according to the Lied Center for Real Estate at UNLV. A map of the United States shows the growth percentage in residential housing units located in the Wildland-Urban Interface (WUI) between 1990 and 2020. Nevada is marked in red and shows a growth rate of 208 percent.

A looming ban on TikTok the social media app is creating a panic in the Las Vegas valley’s small business community.

A looming ban on TikTok the social media app is creating a panic in the Las Vegas valley’s small business community. Congress passed the ban due to security concerns over the Chinese government’s app ownership. TikTok played a key part in the success of Guiliano Raso’s business, a food truck named 303 in the Cut.

Places in the west that are especially at risk to wildfire destruction are Urban Wildland Interfaces (UWI) — transition zones between unoccupied and urban land.

The wildfires that torched thousands of homes around Los Angeles will send refugees across the desert to Las Vegas, putting pressure on its tight housing market.

As houses continue to burn in Los Angeles, officials have already started talking about rebuilding the city. “We’re going to rebuild this remarkable community and we’re going to come back,” California governor Gavin Newsom said in a call with President Biden on January 10. Los Angeles mayor Karen Bass added her own call for action. “We’re going to recover, and we’re going to rebuild and we’re going to rebuild better.”

Wildfires continue to devastate Southern California, with the Los Angeles Times reporting today that a “particularly dangerous situation” warning is once again in effect for areas of Los Angeles and Ventura counties. At least 25 people have died.

As wildfires continue to devastate Los Angeles, many Las Vegas locals wonder, could this tragedy impact us here in the valley?

People are increasingly moving into the wildland-urban interface areas, where human development meets wild vegetation, like forests, according to a University of Nevada-Las Vegas expert. Such landscapes are also notorious for wildfires.

After making a budget for a move. It can be difficult to determine which moving companies provide competitive pricing and which will waste your time with a lengthy quote process that yields an expensive price tag. This is where we can help. We recommend U-Pack as our top pick for the cheapest moving companies because our research showed that it provides the most affordable moving quotes compared to other providers. International Van Lines was a close second because of its competitive rates for full-service moves, and Allied Van Lines came in third for its affordable in-house vehicle shipping services.