In The News: Lied Center for Real Estate

Las Vegas Review Journal

Overall, UNLV’s Lied Center for Real Estate reported in September that Las Vegas’ housing market was “largely unaffordable for much of the local population.”

Las Vegas Review Journal

The study, conducted by UNLV’s Lied Center for Real Estate, used artificial intelligence to help collect the data in the county, which is home to Reno and Sparks, and broke down investors into five separate groups.

KNPR News

If you’re looking to buy or sell a home right now, you know that the housing market is in a weird place. In Las Vegas, the median price for an existing home in December was $470,000. That’s down from the record high of almost $489,000 a month earlier. However, it's considerably more than what a house cost before the pandemic – about $150,000 more.

 

KVVU-TV: Fox 5

President Donald Trump’s executive order to curb corporate homeownership is being implemented starting this month, and FOX5 is examining the potential impact on Nevada and next steps from state lawmakers.

Las Vegas Sun

Vice President JD Vance claims mass deportations are slashing housing costs in cities like Las Vegas with large undocumented populations, easing affordability for American families, but economists and real estate experts say high interest rates and a sluggish market are the real drivers.

Las Vegas Review Journal

President Donald Trump set the real estate world scrambling early January when he declared war on large institutional investors in a policy statement, asking Congress to act on the issue.

Las Vegas Review Journal

President Donald Trump set the real estate world scrambling early January when he declared war on large institutional investors in a policy statement, asking Congress to act on the issue.

Las Vegas Review Journal

Some real estate experts aren’t totally sold on President Donald Trump’s latest proposed policies on residential real estate leading to relief for the Las Vegas Valley housing crisis. Trump’s other policy statement was to direct Congress to act on banning large institutional investors from buying more single-family homes. Investors, Wall Street backed-hedged funds and corporate owners have long played a significant role in Las Vegas’ housing market as a recent report from UNLV’s Lied Center for Real Estate — which pulled its data from Redfin — estimates investors have purchased more than 99,000 homes since the start of the Great Recession.

Nevada Current

A new report says investors own 24.84% of Nevada’s single-family homes, equating to about 303,000 properties. That’s 6% higher than the national average and the seventh highest share in the nation behind Wyoming (30.9%), Maine (29.76%), Montana (26.78%), Alaska (26.65%), Hawaii (25.96%), and New Hampshire (25.04%).

KLAS-TV: 8 News Now

Real estate experts are keeping an eye on the local market after President Donald Trump said he would ban corporate investors who buy up single-family homes. According to the director of the Lied Center for Real Estate at the University of Nevada, Las Vegas, Shawn McCoy, out-of-state investors buying up homes in Las Vegas happens more than in other states.

KLAS-TV: 8 News Now

Horsford cited a 2023 study by UNLV’s Lied Center for Real Estate, which found that about 15% of all homes in the Las Vegas valley were owned by out-of-state corporate investors, including 25% of all homes in North Las Vegas.

Las Vegas Review Journal

President Donald Trump sent shockwaves through the country’s residential real estate industry Wednesday with a social media post calling for a ban on large institutional investors purchasing homes and for Congress to codify the issue.