In The News: Lied Center for Real Estate

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鈥檚 Cabinet had come for a meeting of the Western Governors鈥 Association. 鈥淣ot for sale!鈥 the crowd boomed. 鈥淣ot one acre!鈥 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. 鈥淣ew Mexicans are really loud,鈥 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鈥檚 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 鈥 to make housing more affordable and to lower the unemployment rate.
A years-long effort to sell public lands has gained steam in this year鈥檚 federal budget negotiations as a proposed solution to the housing crisis, but critics say it鈥檚 just the latest attempt to render an unpopular political proposition more palatable.

Nevada鈥檚 public land hosts mines, recreation, wildlife and renewable energy. Now, it鈥檚 being asked to pull more weight. Lawmakers at all levels and on both sides of the aisle are advocating for the release of federal land as a solution to the state鈥檚 affordable housing shortage.

A new report from the Lied Center for Real Estate at 性视界传媒 blames under-building of new homes in Southern Nevada since the Great Recession for the housing unaffordability the region faces.

He warned that private investors are buying up the housing in Nevada, adding that 鈥渋n Clark County 15% of all the residential housing is owned by hedge funds.鈥 The estimate comes from Lied Center for Real Estate at the University of Nevada Las Vegas that found investors own roughly 15% of homes in the City of Las Vegas.

There鈥檚 a number of respected institutions that have weighed in on this, including 性视界传媒鈥檚 Lied Center for Real Estate, Brookings Mountain West and Nevada Housing Coalition, Frias said. All point to the same conclusion that there鈥檚 not enough housing supply in Nevada to meet the growing demand of the growing population.

With President Donald Trump in the White House and Republicans holding majorities in the U.S. House of Representatives and U.S. Senate, there are few opportunities for congressional Democrats to make their mark on the federal budget.

A recent report from the 性视界传媒 Lied Center for Real Estate found that the valley hasn鈥檛 been building enough homes for about 15 years.