The Southwest Valley has a new reason to celebrate as Costco opened its newest location, bringing hundreds of job opportunities to one of the fastest-growing areas in town.

As tourism slumps in Las Vegas, the residential and commercial real estate markets are showing similarly worrisome signs, according to analysts and stakeholders.

Nearly one-fifth of Nevada’s land area has been burned by wildfire in the past 40 years, landing the state fifth in the nation for land area burned by wildfires, according to a recent study by the Lied Center for Real Estate at the University of Nevada, Las Vegas.

Mortgage defaults are climbing in specific areas of the Las Vegas Valley, continuing a troubling trend. The highest number of troubled mortgages is currently coming from zip codes 89121 on the east side of town and 89108 near the historic west side, according to data analysis.

A report ranked Nevada as having the most foreclosure filings in the country, generating concerns that homeowners are falling behind on their mortgage payments.

Southern Nevada homeowners are increasingly falling behind on their mortgage, a new report shows. Nearly 1,290 notices of default were filed in Clark County in the first six months of this year, up 28 percent from the same period last year, according to UNLV’s Lied Center for Real Estate.

Real estate expert Nicholas Irwin breaks down the latest data and trends around default notices in Las Vegas. Find out what rising notices might mean for the local housing market and homeowners.

Since 1997, Broadacres Marketplace has been a staple in North Las Vegas. A place where families gathered, music played and small businesses thrived. But today, its gates are shut. The sounds of music and bustling crowds have vanished. In their place: silence, uncertainty and over 1,100 vendors left without a place to sell or a clear path forward.

On Monday, June 23, a crowd of about 2,000 people surrounded the Eldorado Hotel & Spa in Santa Fe, New Mexico, where members of President Donald Trump’s Cabinet had come for a meeting of the Western Governors’ Association. “Not for sale!” the crowd boomed. “Not one acre!” There were ranchers and writers in attendance, as well as employees of Los Alamos National Laboratory, all of whom use public land to hike, hunt and fish. Inside the hotel ballroom where the governors had gathered, Michelle Lujan Grisham, the New Mexico governor, apologized for the noise but not the message. “New Mexicans are really loud,” she said.

The Molasky family late last month hosted the grand opening of their 16th senior affordable housing community, a 195-unit complex near Silverado Ranch with high-class amenities not usually provided on-site to people living on low or fixed incomes.

Approximately 10,000 acres of prime land that could be developed are sitting vacant in Southern Nevada, according to a new study.

Gov. Joe Lombardo made righting Nevada’s economy a focus of his gubernatorial campaign. Now, as he begins his quest for re-election in 2026, critics contend he has failed to fulfill two central promises – to make housing more affordable and to lower the unemployment rate.