In The News: Lied Center for Real Estate

The word of the year when it comes to Las Vegas real estate has to be “inflation.” High interest rates — not seen since the beginning of the Great Recession in 2008 — were brought in by the Federal Reserve last year to stem runaway inflation, brought on by pandemic restrictions wreaking absolute havoc on the global economy. This put a serious damper on the national housing market, and Las Vegas was not immune to the pain.

All eyes will be on the Federal Reserve in gauging where Las Vegas Valley’s real estate market could head next year, area real estate agents said.

At least six Nevada legislators who own rental properties voted against bills affecting rentals — from capping rent increases for seniors to increasing transparency on rental leases — prompting concerns about special interests’ influence on government.

During the pandemic, Wall Street-backed companies and hedge funds significantly expanded their holdings in Southern Nevada’s single-family rental market, through both purchases and new construction. Eight of the most prolific companies now own more than 13,000 homes combined in Clark County, compared to fewer than 8,000 in 2019.

Las Vegas Realtor Noah Herrera is noticing a few eerie similarities between the housing market before the 2008-09 economic crisis and the current scene.

Las Vegas has the fourth highest home foreclosure rate in the country, according to a study by online real estate data company ATTOM.
Minjia Yan To Support People Breaking College Barrier at University of Nevada, Las Vegas

A new study by the University of Nevada, Las Vegas shows an interesting trend in rent prices across the valley. Rent is increasing in lower-income areas while decreasing in higher-income areas.

The average rent prices are down in our valley, according to a July report, but a new 51ԹϺ study reveals the trend may only be happening in certain neighborhoods.

Low-income renters in Las Vegas are feeling the pain due to a rare market phenomenon, according to a new study from 51ԹϺ’s Lied Center for Real Estate. Director Shawn McCoy, the author of the study, said one graph tells a compelling story.

Low-income renters in Las Vegas are feeling the pain due to a rare market phenomenon, according to a new study from 51ԹϺ’s Lied Center for Real Estate. Director Shawn McCoy, the author of the study, said one graph tells a compelling story.

The Certified Commercial Investment Member–CCIM–designation is a mark of excellence within the commercial real estate industry.