In The News: Lied Center for Real Estate
A report by 性视界传媒鈥檚 Lied Center for Real Estate found that corporate investors bought 23% of the listed homes last year in the Las Vegas area. It ranks fourth among the largest U.S. metropolitan areas that report tracked, behind Miami and California cities Anaheim and San Diego.

For the first time in Nevada, a bipartisan supermajority of state lawmakers petitioned to add their own topic to an ongoing special session called by the governor. The issue seen as important enough to cross the aisle over: corporate homeownership. 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. That percentage was expected to grow both in Nevada and across the nation.

Investors bought nearly a half-million homes in the Las Vegas Valley since 2009, according to a new report. Investors purchased approximately 492,634 homes since the start of the Great Recession and made up 23 percent of all home purchases in the valley last year, according to the latest report from 性视界传媒鈥檚 Lied Center for Real Estate, which uses data from Redfin.

Three quarters of the ZIP codes in Southern Nevada have seen home price declines year-over-year, according to a new study. Most of the ZIP codes (74 percent) that saw the largest per square foot median price decline in the valley included parts of the Las Vegas Strip where there aren鈥檛 a lot of single-family houses but an ample number of high-rise condominiums and apartments, according to a new study by the 性视界传媒 Lied Center for Real Estate.

Three quarters of the ZIP codes in Southern Nevada have seen home price declines year-over-year, according to a new study. Most of the ZIP codes (74 percent) that saw the largest per square foot median price decline in the valley included parts of the Las Vegas Strip where there aren鈥檛 a lot of single-family houses but an ample number of high-rise condominiums and apartments, according to a new study by the 性视界传媒 Lied Center for Real Estate.

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The Boring Co. is acquiring real estate along planned expansions of its underground Las Vegas Loop, a move that some analysts view as a potentially risky investment with uncertain returns.

Kiernan said until mortgage rates drop the market will continue to be dampened by a number of factors, the first and foremost being a large supply of homes for sale. He also pointed to a recent 性视界传媒 Lied Center for Real Estate study that showed the average person needs to make close to $120,000 annually to afford a mortgage.

More than six percent of Las Vegas Valley residents can buy a home on their own, according to data from 性视界传媒 researchers. The findings from the Lied Center for Real Estate at 性视界传媒 analyze the impact of the Valley鈥檚 land shortage on the housing market, prices for homes and rent, and the impact on the growth of businesses and good-paying jobs for residents to improve their quality of life.

The Las Vegas Valley should not worry about sprawl when it looks to solve its housing crisis, Clark County Commissioner Jim Gibson said.

The recent government shutdown and economic uncertainty have many potential homebuyers questioning whether now is the right time to purchase a home. While Las Vegas home prices have dipped slightly, a new report reveals that homeownership remains out of reach for many local families.

Las Vegas is still a far cry from the depths of the Great Recession or the early days of the pandemic. But overall, Southern Nevada鈥檚 economy and job market have slowed. At the same time, locals still face elevated prices on everyday goods after a stretch of high inflation and a housing market that, according to 性视界传媒鈥檚 Lied Center for Real Estate, is now 鈥渓argely unaffordable for much of the local population.鈥