By Tabitha MuellerThe Nevada Independent Amid growing unease about skyrocketing rental and home prices, Reno’s city council held a special meeting last Tuesday to discuss solutions that may alleviate pressure on the market and increase affordable housing. Over the last five years, one-bedroom apartment prices in Reno jumped almost 91 percent from a median of $668 a … [Read more...]
Housing prices broke records in 2021, slight market cooldown expected
By Tabitha MuellerThe Nevada Independent As Samantha Christy searched for an alternative to the cramped, dilapidated home she and her family rented in Winnemucca, she watched rental prices increase and her options dwindle. An area supervisor for a property management company, Christy said she and her husband, a welder, eventually decided they would attempt to purchase a … [Read more...]
Nevada Cities Show Mixed Results in Economic Metrics Since Recession
By Jacob Solis The Nevada Independent Years after the Great Recession ravaged the Nevada economy, could several cities across the state really find themselves among the most “dynamic” metro areas in the country? According to a recent report from the real estate website Point 2 Homes, which ranked 150 U.S. cities using more than a dozen economic metrics, the answer is … [Read more...]