In The News: Lied Center for Real Estate

The One Big Beautiful Bill Act lowers the threshold for affordable housing developers to qualify for federal, noncompetitive Low-Income Housing Tax Credits and increase the amount of competitive credits available by 12 percent. Consulting firm Novogradac predicts these changes could result in the financing of 1.22 million additional affordable rental homes by 2035.

A 2023 study conducted by the ÐÔÊӽ紫ý showed that corporate investors own 14% of all single-family homes in the Las Vegas Valley and 25% of them in North Las Vegas.

A recent ÐÔÊӽ紫ý Lied Center for Real Estate report found the rate of notices of defaults for Clark County have been rising steadily for the past few years and nearly 1,290 NODs were filed in the county in the first six months of this year, up 28 percent from the same period last year.

A recent ÐÔÊӽ紫ý Lied Center for Real Estate recently found that the valley has been under-building residential projects as far back as 15 years.
The future of multifamily and workforce housing in Southern Nevada comes at a critical moment for the region where rapid growth has collided with the reality of limited land and rising demand for affordable housing.

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 ÐÔÊӽ紫ý.

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 ÐÔÊӽ紫ý’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.