The future of multifamily and workforce housing in Southern Nevada comes at a critical moment for the region where rapid growth has collided with the reality of limited land and rising demand for affordable housing.

A report ranked Nevada as having the most foreclosure filings in the country, generating concerns that homeowners are falling behind on their mortgage payments.

Mortgage defaults are climbing in specific areas of the Las Vegas Valley, continuing a troubling trend. The highest number of troubled mortgages is currently coming from zip codes 89121 on the east side of town and 89108 near the historic west side, according to data analysis.

Looking at the average level of residential permits filed between 1995 and 2003 (omitting a period of economic downturn in 2004-09), beginning in 2010 there was a 64 percent drop in permits, nearly three times as large of a drop than the national average (23 percent) during that same time period, according to a new report from UNLV’s Lied Center for Real Estate.

Home prices in the Las Vegas Valley rose in all but six ZIP codes over the last year, according to a new analysis of Redfin data by UNLV’s Lied Center for Real Estate. Shawn McCoy, the director of the center, said home prices rose in 91 percent of all ZIP codes in the valley from 2023 to the end of 2024.

More Californians may be moving to Utah as a result of the deadly Los Angeles wildfires. They're looking for lower housing costs, especially since the deadly blazes are likely to boost already high prices in Los Angeles, Daryl Fairweather, chief economist for the nation's largest brokerage website, Seattle-based Redfin, told the Deseret News.

More Californians may be moving to Utah as a result of the deadly Los Angeles wildfires. They’re looking for lower housing costs, especially since the deadly blazes are likely to boost already high prices in Los Angeles, Daryl Fairweather, chief economist for the nation’s largest brokerage website, Seattle-based Redfin, told the Deseret News.

A 2023 study by UNLV’s Lied Center for Real Estate Director Shawn McCoy estimates that investors (anyone who has bought more than five homes in the past 10 years) own approximately 15 percent of all of the single-family homes in Clark County and upwards of 25 percent in North Las Vegas, a number that has been rising steadily since the Great Recession.