Real Estate Archives - Nevada Globe

Sen Rosen Calls On Feds To Address Insurance Crisis in Northern Nevada

July 25, 2024 9:44 amJuly 30, 2024 11:10 pm

This post has been updated to include a statement from Elizabeth Ray, Communications Director for Governor Lombardo. The Globe was one of the first news outlets to report of the insurance crisis in Northern Nevada, specifically in the Tahoe Basin, where insurance companies are dropping or reducing coverage on properties...

Nevada Homeowners, Realtors Warn of ‘Insurance Crisis’ As Insurance Companies Drop Coverage

May 23, 2024 9:23 pmJune 1, 2024 7:30 pm

Editor’s note: This story has been updated with a comment from Assemblywoman Heidi Kasama During a joint interim legislative committee hearing of Commerce and Labor this morning, homeowners in Incline Village highlighted a growing crisis related to insurance companies, namely American Family Insurance and Farmers Insurance, dropping or reducing coverage...

Report: Las Vegas Home Prices Up 217 Percent Since 2011

February 20, 2024 2:54 pmFebruary 21, 2024 11:02 am

Using data from Zillow and the U.S. Census, a study by TruckInfo.net found that from 2011 to the end of 2022, Nevada has seen the most dramatic ratio of home price to wage growth, increasing six times faster than wage increases. In comparison, Florida, Arizona, and Idaho have all seen...

OPINION: TRPA Ignores Environmental And Safety Concerns of North Shore Residents

November 10, 2023 12:18 pm

Yesterday the TRPA Advisory Planning Commission (APC) conceptually approved 946 housing units for extra height, density, coverage and inadequate parking. With only two dissenting votes, the APC moved to recommend the Phase Two Housing Amendments to TRPA’s Governing Board. This decision came following what one commission member said was “the most...

Study: Las Vegas Ranks Number One In Real Estate Search

August 16, 2023 2:02 pmAugust 20, 2023 4:16 pm

RedFin, a real estate search engine, conducted a study based on two million searches for homes between April 2023 and June 2023 and found that Las Vegas was the most sought after location for “western migrants.” According to the study, a Redfin.com user counts as a migrant if they viewed...

Controller Matthews Slams Biden’s ‘Reckless’ New Mortgage Policy

May 3, 2023 3:31 pmAugust 6, 2024 11:08 am

Nevada Controller Andy Matthews joined a coalition of 34 state financial officers in signing a letter to the Biden administration criticizing a new Federal Housing Finance Agency policy that will make it more expensive for people with good credit to buy homes. Within the letter (see below), the financial officers...

Report: Nevada Ranks 17th In Housing Affordability

August 8, 2022 3:30 pm

The National Low Income Housing Coalition recently released their annual “Out of Reach” report which “documents the significant gap between renters’ wages and the cost of rental housing across the United States. The report’s central statistic, the Housing Wage, is an estimate of the hourly wage a full-time worker must...