three faculty in real estate meeting

Lied Center for Real Estate News

The Lied Center for Real Estate (Formerly Lied Institute for Real Estate Studies) was established in 1989 by the Lee Business School at the University of Nevada, Las Vegas to foster excellence in real estate education and research. The center was endowed in 1991 through a generous gift and a challenge grant from the Ernest F. Lied Foundation Trust.

Current Real Estate News

three members of the Molasky family in front of UNLV sign
People |

Three generations of Molaskys have helped build Las Vegas. Their newest legacy is about who gets to build it next.

An aerial image of rows of housing subdivisions
Business and Community |

Lied Center for Real Estate report pinpoints where permit, planning, and zoning choices are most likely to drive down prices; Nevada ranks 49 out of 51.

White man with brown hair, gray suit, white collard shirt and red UNLV-logoed tie with a white pocket square smiles as he poses in front of a building, with the photo inset on a stock image that depicts the Las Vegas skyline in the foreground and a mountain range in the background
People |

The 2026 Outstanding Alumnus shows his profound appreciation for UNLV through personal and professional deeds that resonate today, tomorrow, and far beyond.

students walking down stairs past UNLV signage, with the Flashlight sculpture in the background
Campus News |

A selection of prominent headlines featuring UNLV experts from July and August.

undergraduates
Campus News |

A collection of top headlines featuring UNLV faculty and students.

Some early studying during the opening week of the Spring 2026 semester (Josh Hawkins/UNLV).
Campus News |

A look at some of the most eye-grabbing headlines featuring UNLV faculty, staff, and students.

Real Estate In The News

KNPR News

Nevada is falling behind the rest of the U.S. in building enough homes to sustain its growing population. That's according to a new UNLV housing supply rankings study, as reported by KNPR's Paul Boger.

Business Insider

Housing permits were "essentially flat" nationwide from January to August 2026 compared to the same months a year earlier, according to an October research report from the Lied Center for Real Estate at the University of Nevada, Las Vegas.

The Providence Journal

Many towns are bucking attempts to let anyone build anything new.

Las Vegas Real Estate NOW

Why isn’t Las Vegas building more entry-level homes, condos, and townhomes? The answer goes beyond construction costs. Harvey is joined by Nicholas Irwin and Patrick Blennerhassett to examine the shortage of entry-level housing across Clark County.

Realtor.com

In an era of strained housing affordability, new-home construction is one of the keys to easing the housing shortage. And some states are building faster than others. South Carolina, Idaho, and North Carolina lead the nation in permitting new homes, according to data from the Lied Center for Real Estate at the University of Nevada, Las Vegas. On the other hand, the more affordable Midwest was stagnant. UNLV looked at data from the U.S. Census Bureau in the first eight months of this year compared to 2025.

Realtor.com

In an era of strained housing affordability, new-home construction is one of the keys to easing the housing shortage. And some states are building faster than others. South Carolina, Idaho, and North Carolina lead the nation in permitting new homes, according to data from the Lied Center for Real Estate at the University of Nevada, Las Vegas. On the other hand, the more affordable Midwest was stagnant. UNLV looked at data from the U.S. Census Bureau in the first eight months of this year compared to 2025.

Real Estate Experts

An economics professor specializing in real estate, as well as urban, health, and environmental issues. 
An expert in real estate valuation and appraisal.
An expert in housing, environmental, and urban issues.

Recent Real Estate Accomplishments

The Lied Center for Real Estate's recent research report, "The paycheck-to-mortgage gap: Analyzing the local income-to-housing disparity," was called out by U.S. Senator Jacky Rosen on a social media post about housing affordability. Shawn McCoy (Director) and Nicholas Irwin (Research Director) co-authored the report.
Nicholas B. Irwin (Economics) has been appointed as the Research Director at UNLV’s Lied Center for Real Estate. In this role, Irwin will expand the Center’s research program in both the academic and policy arenas. He will also work with Shawn J. McCoy, Lied Center Director, to further enhance Lied’s strong reputation in the state and local…
Shawn McCoy (Economics; Director of the Lied Center for Real Estate) was recently interviewed by Fox5 about his paper on wildfires and residential development. The paper was co-authored with Nicholas Irwin (Economics) and Katie Jo Black (Kenyon College).
Shawn McCoy (Economics; Lied Center for Real Estate) and Nicholas Irwin (Economics) were both recently interviewed by the Las Vegas Sun about their recent research article studying residential development in the aftermath of wildfires.
Nicholas Irwin (Economics), Shawn McCoy (Economics/Lied Center for Real Estate), and co-author Katie Jo Black (Kenyon College) recently published an article, "Wildfire risk, salience, and housing development in the wildland–urban interface," in the Journal of Regional Science, the pre-eminent journal in regional and urban…
Olivia Cheche (Political Science) and Peter Grema (Economics) presented their research at the 2021 Western Regional Honors Council Virtual Conference, last week. Cheche's research on "The Culture of Policing in Las Vegas" presents national and local data on disparities related to the racial, social, and fiscal aspects within the Las…