Monthly Archives: September 2019

Clark Among 109 Newer Majority-Minority Counties

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From 2000 to 2018, 109 counties in 22 states went from majority white to majority nonwhite according to a Pew Research Center analysis. Our own Clark County was among those crossing that threshold, going from 61% non-Hispanic white to just 42% in 18 years. Overall, 293 U.S. counties were majority nonwhite in 2018. Most of… Read more »

Las Vegas Strip Revenues Up Almost 9% In August

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $952,404,403 for the month of August 2019. This amounts to a 4.30% increase compared to August 2018, when licensees reported a gaming win of $913,099,059. For the fiscal year (July 1, 2019 through August 31, 2019), gaming win has increased 3.57%. In Clark County, the… Read more »

September REITview

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Welcome to our monthly REITview newsletter – where we analyze the latest national trends in real estate investment trusts (REITs) and their implications for investors and the Nevada real estate market. REITs own and often operate a pool of income-producing real estate assets. Investors can purchase a liquid stake in these portfolios – think of… Read more »

Las Vegas Housing Market Continues to Stabilize

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A report released by the Greater Las Vegas Association of REALTORS® (GLVAR) provides another sign that the region’s real estate roller-coaster ride has slowed down. GLVAR reported that the median price for existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during August was $305,000. That’s up 3.4% from $295,000 in… Read more »

Nevada Gaming Revenue Jumps As New Fiscal Year Starts

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Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $1,023,950,453 for the month of July 2019. According to the state’s Gaming Control Board, this amounts to a 2.91% increase compared to July 2018, when licensees reported a gaming win of $994,997,324. In Clark County, the Las Vegas Strip posted a more modest 1.63% jump,… Read more »