Nevada
All-cash homebuyers in Northern Nevada hit record high
Washoe County broke an all-time record in October for the most all-cash home sales, setting the stage for an area becoming more expensive by the day.
Home prices and high-paying jobs have been on the rise in Washoe County, largely the cities of Reno and Sparks, as major companies continue to set up shop and rapidly grow in the area.
Nearly 30 percent of Washoe County’s home sales in October were all-cash (no mortgage needed), a record-breaking high dating back more than a decade, which is how long the county assessor’s office has been collecting the data. And while Lake Tahoe is known for multimillion-dollar real estate, houses on the Nevada side of the city make up a small fraction of the residences in Washoe County.
Brian Bonnenfant, project manager for the Center for Regional Studies at the University of Reno, Nevada said Northern Nevada’s real estate scene has been seeing an influx of high-income earners along with high-income jobs for years.
Companies such as Tesla, Google and Panasonic have all set up shop in Northern Nevada alongside the region’s lithium-ion battery company boom. The Tahoe Reno Industrial Center, billed as the largest industrial park in the world, houses a Tesla gigafactory which opened in 2016 and employs an estimated 11,000 workers. Tesla also announced at the start of 2023 it plans on hiring 3,000 more workers and building two new factories as part of the Sparks facility.
Home sales, and home prices, said Bonnenfant, have invariably gone up with the boom in business.
“The luxury side of product has still been very healthy (in Washoe County),” Bonnenfant said in regards to massive companies like Tesla and Google bringing corresponding high-wage tech salaries. “A lot of million-dollar-plus homes, existing and new are being built and sold, it’s easily the most popular product in town.”
Washoe County is located along the northwestern edge of Nevada, and is the second largest county in the state by population with close to a half-million residents.
Bonnenfant said much like Southern Nevada, high-income earners from California are seeking out a cheaper life in Washoe County. Their companies are moving here and bringing them with them. The biggest demographic age range moving to the area is 20-29 year olds.
“Through November, one out of every four existing homes were cash purchases,” he said. “This indicates that the California relocation of homeowners is alive and well, or investors still see our region as a safe investment, albeit at relatively high prices, or both.”
He said with high mortgage rates (just under 7 percent for a 30-year-fixed rate right now), someone would need to make at least $125,000 annually to afford a mortgage for the median home sale price in Washoe County, which currently sits at around $560,000.
Las Vegas Realtors says the median price for a resale home in Southern Nevada in December was $449,900.
“And that’s out of reach for most households now, unless of course you are a Californian, and sell your house in California for say more than (the average home price) and then bring that money over here. And that’s made up the bulk of the activity this year, what’s been driving a lot of it is those cash sales.”
Sarah Scattini, a real estate agent who has been working in Northern Neveda for 20 years, said she really noticed real estate begin to take off in 2019, with a new influx of high-income earners.
Scattini, vice president of the Nevada Realtors State Association, said major companies such as Tesla and Google are helping their employees relocate to the southern part of the state.
“They’re also giving them incentive packages to entice them to move here and come make the jump here,” she said. “So they are paying for their rent for a period of time while they come look for homes to buy in the area.”
California boomin’
Close to a third of the people who are relocating to Washoe County are from California and it has been that way for decades, according to Washoe County data.
Bonnenfant said that back in 2015 the county was selling approximately 30 homes a quarter that were valued at more than $1 million and since the pandemic that number has jumped to 143. The Reno area has also added close to 10,000 more jobs through November of last year, compared to the same time period in 2022.
Much like in Clark County and the rest of the U.S., spiking mortgage rates “kneecapped” the Washoe County market, Bonnenfant added.
Washoe County also takes into account the ultra-affluent Lake Tahoe area where the average sale price for a home is approximately $1.6 million, according to the Northern Nevada Regional Multiple Listing Service.
This has in turn sparked an affordability crisis and subsequent spike in homelessness in the region that Reno Mayor Hillary Schieve has addressed as a key priority. In an email response to the Las Vegas Review-Journal, Schieve said Reno is making a big effort to provide more affordable housing.
“From new home construction, to new apartments and rehabilitating existing structures, Reno is working to add housing in a variety of neighborhoods.”
Schieve said Reno has spent $11.7 million in rental assistance in the last three years, supporting 3,661 households, and from 2022 to the end of last year, 2,600 apartments and single-family dwelling units were created. This included the city council approving federal funding that helped build 1,134 affordable housing units and 134 rehabilitation units.
Council also allocated $7.5 million from American Rescue Plan funds to help build a rehabilitation facility for low-income residents with mental health needs, as well as units other low-income residents or homeless veterans.
Many local citizens have decried the increase in home prices, and invariably, the rental rates. RentCafe has the average rental rate for a one-bedroom in the Reno area at $1,631, well above the average rate of $1,457 in Las Vegas.
Scattini said this is the biggest test that Washoe County will face in the years to come, is making sure affordable housing keeps up with the growing housing demand in the area.
“I think the big thing a lot of people don’t know is that 87 percent of Nevada is owned by the government,” she said, referring to federal land managed by the Bureau of Land Management. “And it’s pretty simple they need to release more of that land so we can continue to build because currently in Northern Nevada we don’t have the infrastructure.”
2023 was the slowest year for home sales Washoe County has seen since 2018, but cash buyers have clearly propped up the local housing market. Bonnenfant said as long as the narrative remains the same, the real estate story will continue in lockstep.
“Recent census data reports that California continues to bleed above income households,” he said. “Thus, the demand side continues to show healthy signs for our region.”
Contact Patrick Blennerhassett at pblennerhassett@reviewjournal.com.
Nevada
How Chinese-Americans contributed to mining in Nevada
LAS VEGAS (KSNV) — We’re celebrating America’s 250th birthday this weekend, and that means looking at some of the people who helped build our country into what it is today.
One group with a large impact on the country, including Nevada, is the Chinese.
In fact, Chinese-Americans were involved in mining in Nevada, and an exhibit at the Clark County Government Center is showcasing their contributions.
Dr. Zhida Song-James, curator of the exhibit, and Moon Xia, vice president of the Nevada Chinese American Association, joined us to share more about this part of Nevada history.
The exhibit is on display now through July 16.
Nevada
US Supreme Court: Nevada, other states can accept late-arriving mail ballots
The U.S. Supreme Court ruled on Monday that states with laws that allow late-arriving mail ballots, including Nevada, can continue counting them in future elections.
In a 5-4 decision that had potential to affect November’s midterms, the high court upheld a Mississippi law that lets mail votes be counted up to five days after Election Day.
Nevada allows ballots postmarked on or before Election Day to be accepted for up to four days after the election. Mail returned without a legible postmark is accepted for up to three days.
“Nevada’s elections will not change — we will continue to run safe, secure and accessible elections this year without the interference and intimidation of the federal government,” said Nevada Secretary of State Francisco Aguilar in a statement.
The Supreme Court case originated in Mississippi, where the Republican National Committee, Mississippi Republican Party and the state’s Libertarian Party sued the state. Plaintiffs argued that the laws undermine trust and confidence in the election process. Their position centered around federal statutes that set a uniform Election Day.
President Donald Trump, who issued a 2025 executive order that called for an Election Day counting deadline, called the ruling a “tremendous loss” for voter rights.
In a statement, Gov. Joe Lombardo said he agreed with the court’s ruling and called for legislative changes in Nevada.
“Today’s ruling from the Supreme Court reaffirms my stance that states should determine how their own elections are conducted, but there is still a need to enhance transparency and security in Nevada’s elections,” the governor said in a statement. “I fully support the Voter ID ballot measure and will work to ensure our election laws reflect a simple, common-sense principle: Election Day should mean the end of voting, and ballots should be received by Election Day so the results are timely, secure, and trusted by the public.”
Nevada officials react
Attorney General Aaron Ford had signed Nevada onto a Supreme Court amicus brief in support of Mississippi, which argued that establishing an Election Day deadline could lead to a flood of litigation related to ballots that were cast on time but had delayed arrivals.
“Nevada’s elections are free, fair and safe, and Nevadans benefit from a range of choices in how to cast their vote — mail ballots included,” he said in a Monday statement. “Our state has made it clear that we believe our citizens deserve to cast their ballots in the way that is easiest for them, and today’s decision ensures that Nevadans who cast their mail ballot by Election Day will have their legal votes counted.”
Aguilar, Nevada’s chief election officer, earlier said that the state was preparing for the possibility that the high court would issue an opinion reversing the Nevada law. And, he said, recent elections had not seen a high volume of late-arriving ballots. In the 2024 general election, for example, under 10 had arrived by the fourth day after Election Day, he said in April.
Justices split vote
Justice Amy Coney Barrett and Chief Justice John Roberts, both conservatives, joined the three liberal justices in the majority ruling.
“When voting on different days in different states sparked allegations of fraud, Congress set a nationally uniform deadline for voting,” Barrett wrote in the majority opinion. “If varied deadlines for ballot receipt similarly call for a national solution, the American people must choose it through their elected representatives.”
She wrote that about 30 states accept at least some absentee ballots sent by Election Day to be counted afterward.
“Although the election-day statutes refer to a particular ‘day’ for the election, plaintiffs do not contend that everything must occur on that day,” Barrett said.
Justice Samuel Alito penned the dissenting opinion.
“If ballots received after Election Day are added to the set of ballots that dictate the election’s outcome, the electorate’s choice does not occur on election day, and the federal election-day statutes are violated,” he wrote.
Call for voter ID law renewed
After the ruling, Trump repeated his demand for senators to pass the Save America Act, a bill that would require voters to present a photo ID, proof of citizenship and outlaw most mail voting.
“There is no excuse for a politician, or otherwise, to be against the above three requirements. There is only one reason to oppose — CHEATING!,” Trump wrote on Truth Social. “The House of Representatives has approved this vital Act, THREE TIMES. The United States Senate seems unable to do so.”
The Repair the Vote PAC, which is leading a ballot initiative in Nevada to institute voter ID requirements, supports an Election Day deadline.
“This decision makes passing Question 7 even more important, as we must have verification that every ballot that is mailed in was sent in by a legally registered Nevada voter, regardless of when it was received,” said PAC Chairman David Gibbs in a statement, “but especially for those received after the polls have closed.”
Democratic senators Catherine Cortez Masto and Jacky Rosen celebrated the Supreme Court’s decision, adding that Nevada’s elections already are safe and secure.
“Today’s Supreme Court decision preserves that right so that Americans can continue to make their voices heard in the democratic process,” Cortez Masto wrote on X. “This administration will continue to lose in court as it tries to illegally control our elections.”
Added Rosen in her own post: “All eligible voters have a right to make their voice heard, and Trump won’t get away with his attacks on Americans’ voting rights.”
Contact Ricardo Torres-Cortez at rtorres@reviewjournal.com.
Nevada
NDW invites all to learn more about bighorn
For several years now, the Nevada Department of Wildlife has been on hand at Hemenway Park in the summer to answer questions and talk about Boulder City’s unofficial mascots.
The park’s resident bighorn sheep draw thousands of locals and visitors to the park each year, which is why NDW staff come out to talk about them and to view them in a safe manner.
Staff will be on hand every Sunday in July from 9 a.m. to noon.
“So far, we’ve had a great turnout, both in visitors and sheep,” said Lauren MacLeod, wildlife education coordinator for the NDW. “We kicked off our annual summer bighorn sheep outreach program in mid-June, and each morning has provided excellent opportunities for visitors to observe sheep and take photos through our spotting scope and binoculars. We’ve consistently observed around 30 sheep, including a couple of new lambs.”
MacLeod said many visitors are surprised to learn that these sheep regularly move between the River Mountain Range and Hemenway Park. Some of the most common questions they receive are why the sheep come to the park, whether they live there year-round, and questions relating to different behaviors people observe while watching them.
“We hope that it (program) offers an opportunity to connect Nevadans with one of our state’s most iconic wildlife species right in their own community and introduce tourists to one of the things that makes Nevada so special,” she said. “By sharing information about bighorn sheep biology, behavior, and conservation, we hope people gain a greater appreciation for these animals and the challenges they face.”
It’s also an opportunity for NDW to promote responsible wildlife viewing and provide visitors with the tools and knowledge needed to observe wildlife safely and respectfully.
In regard the number of visitors to the park, MacLeod said she’s often surprised… to a point.
“It’s easy to understand why they’re so popular,” she said. “Bighorn sheep typically inhabit remote, rugged mountain ranges, and even there – excellent camouflage allows them to fly under the radar undetected. There are not many places that you can go where a bighorn sheep sighting is almost guaranteed at the right time of year – especially somewhere as accessible as Hemenway Park.”
Although Hemenway’s bighorn sheep are more accustomed to people than a typical herd, they are still wild animals and can be dangerous when startled or stressed, she said. This is especially true during the breeding season, which begins during the summer months. During this times, males (rams) can become aggressive and territorial as they compete for dominance.
“They spar, charge and collide their heavy horns together with tremendous force,” she said. “It’s a fascinating sight to watch, but definitely not something you want to find yourself stuck in the middle of.
“If a sheep changes its behavior because of your presence, you’re too close. Binoculars, spotting scopes, and camera zoom lenses are great ways to get a closer look without disturbing the animals.”
The River Mountains herd has experienced a population decrease over the past decade, MacLeod said. In 2015, the population was estimated at nearly 300 sheep. Following a pneumonia outbreak, the population declined and is currently estimated to be closer to 150 animals.
Disease and climate change remain two of the greatest conservation challenges facing desert bighorn sheep throughout the West. While the population is smaller than it once was, biologists continue to monitor the herd and its overall health.
“Encouragingly, we’ve continued to observe lamb recruitment, including new lambs this year, which is an important indicator for the herd’s future,” she added.
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