The federal government has increased its control of land in Nevada since the passage of a law in 1998 that was specifically designed to direct the Bureau of Land Management to offload acreage to the private sector, said a consultant who formerly worked for the BLM.

A recent study by the UNLV Lied Center for Real Estate reveals that prospective homebuyers in Las Vegas need to earn $119,000 annually to afford a median-priced home, estimated at around $400,000.

A recent study by the UNLV Lied Center for Real Estate reveals that prospective homebuyers in Las Vegas need to earn $119,000 annually to afford a median-priced home, estimated at around $400,000.

A new study from UNLV’s Lied Center for Real Estate offered some details on high housing costs. It found that buyers needed to make more than $57 an hour to afford the monthly payment on a median-priced home. Households with two income earners need each individual to make an average of $28.61 an hour. Little wonder that so many young professionals and newly married couples feel like homeownership is a fantasy. A continued lack of affordable housing will hurt economic growth.

A Las Vegas Valley worker has to make at least $57.22 an hour to afford a mortgage payment right now, according to a new study by UNLV’s Lied Center for Real Estate.

As housing prices soar, many are turning to affordable alternatives like tiny homes, RVs, and mobile homes. UNLV Professor Nicholas Irwin, Research Director at the Lied Center for Real Estate, highlighted the changing standards in housing.

While manufactured homes can be of high quality, they tend to depreciate faster than traditionally built homes.

TJ Modi, founder and CEO of American Tiny Homes Community, is bringing his vision of affordable tiny home living to Southern Nevada. The new community, located off North Las Vegas Boulevard, is set to open next month and will feature colorful Boxabl homes, a product of the Las Vegas-based manufacturer.

Notices of default issued to property owners across the Las Vegas Valley jumped 28% year-over-year, signaling growing distress in the housing market, according to a summer report from UNLV’s Lied Center for Real Estate. The significant increase points to more homeowners struggling to meet their mortgage obligations.

The One Big Beautiful Bill Act lowers the threshold for affordable housing developers to qualify for federal, noncompetitive Low-Income Housing Tax Credits and increase the amount of competitive credits available by 12 percent. Consulting firm Novogradac predicts these changes could result in the financing of 1.22 million additional affordable rental homes by 2035.

A 2023 study conducted by the University of Nevada, Las Vegas showed that corporate investors own 14% of all single-family homes in the Las Vegas Valley and 25% of them in North Las Vegas.

A recent UNLV Lied Center for Real Estate report found the rate of notices of defaults for Clark County have been rising steadily for the past few years and nearly 1,290 NODs were filed in the county in the first six months of this year, up 28 percent from the same period last year.