Given the state of housing affordability in the U.S., here’s what to know about ongoing construction shortages, high interest rates, where housing prices are climbing, and what policymakers could do about it.
Last year’s count showed rates of homelessness throughout the state increased from the previous year.
Nevada is in a “severe housing crisis,” and one that would be even worse if not for federal assistance programs enacted during the Biden administration, Democratic Rep. Susie Lee said in Las Vegas Friday.
In the latest rankings by Redfin, Las Vegas has emerged as the second most sought-after metro destination for relocation.
In October 2023, home prices in the United States remained stable compared to this time last year, with the median price coming in at $425,000 according to data from Realtor.
Amid rising housing insecurity, Nevada lawmakers are considering several measures to address skyrocketing rents and regulate rental application fees.
The Department of Housing and Urban Development has opened up millions of dollars in funding for groups serving unhoused people in rural areas — an unprecedented move by the agency, say housing advocates.
As the housing crisis continues, with prices surging and supply dwindling, many Americans believe that affordable housing for both buyers and renters is becoming more unattainable.
Homeownership has been a valuable symbol of stability and wealth accumulation; especially among young and low income families in Nevada.