Posts Tagged: nevada

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 »

August 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 »

Nevada Unemployment Ticks Up in July

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According to the latest statistics from Nevada’s Department of Employment, Training, and Rehabilitation (DETR), the state’s unemployment rose 0.1 points to 4.1% in July. That figure is still down .4 points on a year-over-year basis. Nevada’s Unemployment Insurance Trust Fund ended the second quarter of 2019 with a balance of over $1.52 billion, which would… Read more »

Las Vegas Home Prices Dip Slightly in July

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Local home prices have leveled out in recent months, and are only slightly higher than they were a year ago, according to a report released Wednesday by the Greater Las Vegas Association of REALTORS® (GLVAR). GLVAR reported that the median price for existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during… Read more »

Nevada Booming with Solar Jobs

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…Education, not so much A recent blog from Commercial Cafe provides some interesting visualizations and breakdowns of job data from the US Bureau of Labor Statistics. First, let’s start with what industries are under- and over-represented in Nevada. We’ll start with the obvious – no state does tourism like we do. It’s not even close… Read more »

July 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 »

Nevada Leads Nation in June Job Growth

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In June, employment in Nevada is up 45,500 over the year, an increase of 3.3 percent according to the state’s Department of Employment, Training, and Rehabilitation (DETR). That’s more than double the current U.S. growth rate (1.5%) and leads the nation for June, according to the US Bureau of Labor Statistics. That’s also despite a… Read more »

June 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 »

May 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 »