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
Brookings Mountain West and the Lied Center for Real Estate at UNLV host national housing policy experts to present research and discuss housing finance system reforms on Sept. 23.
News highlights featuring UNLV students and staff who made (refreshing) waves in the headlines.
As the nation's most-watched sports entertainment event rolls into town, UNLV researchers are available to provide expertise.
A roundup of prominent news stories highlighting university pride, research, and community collaboration.
News stories from the summer featuring UNLV students and faculty.
UNLV research shows that FEMA-declared wildfire disasters in the fastest-growing home development areas have minimal impact on new home construction.
Real Estate In The News
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.
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.
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?
