In The News: Lied Center for Real Estate

Telemundo

The Tropicana collapsed with a bang. The iconic casino was demolished early Wednesday to make way for a baseball stadium, part of a shift that Las Vegas officials hope will boost the city's economic future as concerns about affordability mount on and off the Strip, the iconic thoroughfare home to the city's most celebrated hotels.

Telemundo

The Tropicana collapsed with a bang. The iconic casino was demolished early Wednesday to make way for a baseball stadium, part of a shift that Las Vegas officials hope will boost the city's economic future as concerns about affordability mount on and off the Strip, the iconic thoroughfare home to the city's most celebrated hotels.

NBC News

With a flash and a boom, the Tropicana went bust. The iconic casino was torn down in the wee hours Wednesday morning to make way for a baseball stadium, part of an ongoing pivot that Las Vegas officials hope will fuel the city’s economic future as affordability concerns simmer on and off the Strip.

NBC News

With a flash and a boom, the Tropicana went bust. The iconic casino was torn down in the wee hours Wednesday morning to make way for a baseball stadium, part of an ongoing pivot that Las Vegas officials hope will fuel the city’s economic future as affordability concerns simmer on and off the Strip.

E&E News

Republican vice presidential candidate JD Vance on Tuesday night reiterated his running mate’s call to ramp up housing development by opening federal lands for home building.

NPR

James Watts, a third generation Las Vegan, and his partner, Lauren Tuvell, just fulfilled a dream that currently might feel out of reach for many long-time Nevada residents. They bought a house. But their purchase was hard-fought. Watts said they would tour a house, only to learn that somebody had already put an offer on it without ever having even seen it.

Las Vegas Review Journal

Half of the Las Vegas Valley has been priced out of the real estate market, as the region has a serious shortage of affordable housing, according to a top Clark County housing official.

Las Vegas Sun

When I talk to constituents around Nevada’s 1st Congressional District, the issue I hear most about is housing. The lack of affordable and safe housing is a critical issue facing all of Southern Nevada, where housing prices and rents have skyrocketed in recent years. We must do more to reduce housing costs.

WABE

There were 21 states where a majority of tenant households spent 30% or more of their incomes on rent and utilities last year, compared with just seven states in 2019.

Stateline

There were 21 states where a majority of tenant households spent 30% or more of their incomes on rent and utilities last year, compared with just seven states in 2019. Nationwide, about 22 million renters are shouldering that percentage. Anyone paying more than 30% is considered “cost burdened,” according to the U.S. Department of Housing and Urban Development, and may struggle to pay for other necessities, such as food, clothing, transportation and medical care.

TheRealDeal

Investors are soaking up available homes across Las Vegas, which now ties with San Jose for the top magnet for investor buyers. Investor purchases in greater Las Vegas jumped 27 percent year-over-year in the last quarter ending in June, the Las Vegas Review-Journal reported, citing a study by Redfin. Investor purchases in greater Las Vegas jumped 27 percent year-over-year in the last quarter ending in June, the Las Vegas Review-Journal reported, citing a study by Redfin.

Nevada Current

Vice President and Democratic presidential nominee Kamala Harris’ proposal to bridge America’s housing gap is being hailed as the most aggressive since the post-World War II era by some, and by others as a campaign ploy based on bad math.