In The News: Department of Economics
The local economy is looking strong in Southern Nevada, but that doesn鈥檛 mean businesses shouldn鈥檛 prepare for the worst. Stephen Miller, director of 性视界传媒鈥檚 Center for Business and Economic Research, shared a positive message during his 鈥淓nd of the Year Economic Update鈥 at the Henderson Chamber of Commerce networking breakfast last week.
Her mother is a blackjack dealer at Caesar鈥檚 Palace, one of the mega-casinos on the Las Vegas Strip, while her father works in housekeeping at another. Han, 25, grew up in Las Vegas, but went to college in the Bay Area and spent a year there working as a biochemist.
Las Vegas鈥 mortgage delinquency rate dropped in the past year and is lower than the national average, a new report shows.
Wildfires have been ravaging the eastern coast of the United States this summer, but the risk of having your home destroyed in a blaze hasn鈥檛 prevented home buyers from purchasing in at-risk areas, according to a recent study.
A new study affirms that wildfire risks don't impact property values in fire-prone areas over the long run.
The immediate impact of wildfires will clearly have an impact on buyers considering areas prone to blazes but not for long.
Historically, the occurrence of wildfires has dampened home-value appreciation in the immediate area of the fire. This holds true even in neighborhoods with no evacuations or property damage. However, the 2018 wildfire season appears to be a different case entirely.
New research says wildfires that threaten or even burn homes don鈥檛 scare off potential new homeowners.
If land acquisition and real estate investment strategists didn't already have enough on their plates, what with polar opposite mixed-signals on the economic horizon line, now there's this.
Land valuation calculations get more complex as the pace and severity of natural disasters intensify.
The risk of wildfires isn鈥檛 deterring some home buyers from purchasing in an area, even if the area has been struck by blazes in recent years. Real estate prices in wildfire-prone areas are in line with homes in low-risk areas, even immediately after fires, according to a new study.
The recent string of massive wildfires in the western United States might have made people more hesitant to buy homes in high-risk areas, but a new study has found that this is not the case.