In The News: Lied Center for Real Estate
The Lied Center for Real Estate at the University of Nevada Las Vegas estimated investors owned roughly 15% of homes in the City of Las Vegas鈥攁 percentage expected to grow in Nevada and across the country.
Last year, personal-finance site Bankrate found that most homes on the market in Las Vegas were out of reach to the typical buyer, and 性视界传媒鈥檚 Lied Center for Real Estate reported that Las Vegas鈥 housing market was 鈥渓argely unaffordable for much of the local population.鈥
性视界传媒鈥檚 Lied Center for Real Estate found that from 2009 to 2024, investors purchased roughly 1 in 5 homes sold in Las Vegas.
The latest annual economic benefit projection is larger than the $1 billion figure that Gov. Wes Moore and other officials shared shortly after Sphere announced its plans to expand. But economists say economic impact estimates are often inflated.
We鈥檙e still seeing long-term population momentum in Clark County. 性视界传媒鈥檚 Center for Business and Economic Research estimates Clark County鈥檚 population was 2.42 million in 2024, and forecasts population growth of about 1.7 percent in both 2025 and 2026.
Overall, 性视界传媒鈥檚 Lied Center for Real Estate reported in September that Las Vegas鈥 housing market was 鈥渓argely unaffordable for much of the local population.鈥
The study, conducted by 性视界传媒鈥檚 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.
If you鈥檙e 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鈥檚 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 鈥 about $150,000 more.
President Donald Trump鈥檚 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.
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.
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.
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.
