Nevada
Harris campaign’s housing proposal for Nevada revealed
LAS VEGAS (KLAS) — The Harris-Walz campaign revealed a new policy proposal they say is aimed at helping first-time home buyers and creating more affordable housing.
Campaign officials said the federal government owns around 80% of the land in Nevada. At a press conference on Friday in Las Vegas, they offered what they say is a solution to fixing the housing crisis
“Everyone says Nevada is about 80 percent federal land, that’s absolutely right,” Zach Conine, Nevada Treasurer, said. “But if you build a housing development two hours outside of Ely, that housing development will be neither affordable, attainable, or easy to get to. So, we have to talk about the land that actually makes sense.”
Conine spoke on behalf of the Harris-Walz campaign. President Biden announced a plan in July to “repurpose federal land to build more affordable homes, including thousands of new homes in Nevada.”
“Housing developers throughout the state are poised to add to Nevada’s housing inventory,” said Joe Lombardo. “We need a streamlined approach to the disposal of federal lands so they can get to work.”
The Trump-Vance campaign responded to Biden and Harris’s efforts to build new affordable housing.
“Ultimately, it’s important to remember that it is Kamala Harris that has housing so unaffordable in this country and across the country,” Tommy Pigott, RNC Strategic Communications Director, told 8 News Now on Friday.
Officials say Harris’s new proposal aims to tax incentives that would add three million new homes in four years, also looking to create a $40 billion housing innovation fund.
“Vice President Harris is saying we know that the local communities are going to have the best ideas. We want to make sure you have the resources, whether its dollars or flexibility, in order to be able to do it,” Conine said.
“They’ve made promises before about making housing affordable,” Pigott said. “What they’ve delivered while they’ve been in office is unaffordable housing and an American dream that’s further out of reach.”
Harris also proposed a down payment assistance of $25,000 for first-time home buyers.
The Committee for a Responsible Federal Budget, a nonpartisan group, estimated that Harris’s new plan would add $1.7 trillion to national deficits over a decade, to which Conine said Harris’s plans would put three million more families into housing.
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Nevada
Centennial vs. Liberty: Watch Nevada girls high school basketball showdown live
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The defending 5A state champion Centennial Bulldogs (7-3) open conference play with a challenging road test Wednesday night when they travel to Henderson to face the Liberty Patriots (10-7) in a Nevada 5A Southern basketball clash.
Coach Karen Weitz’s Bulldogs, seeking their second consecutive state title, will rely on their formidable frontcourt duo of forwards Nation Williams and Inieye Oruh, complemented by standout guard Sanai Branch. They will face a Patriots squad that has shown marked improvement under head coach Lorenzo Jarvis, powered by senior leaders Samantha Chesnut and Kiana Harworth alongside junior standout Neviah Nick.
With Liberty’s home court advantage potentially neutralizing Centennial’s championship pedigree, this early conference matchup could set the tone for both teams’ title aspirations in the competitive 5A Southern division.
Opening tipoff is set for 6:30 p.m. PT on Wednesday, January 7 with a live TV broadcast on NFHS Network.
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How to watch Centennial vs. Liberty basketball livestream
What: Defending champ Centennial faces resurgent Liberty in 5A Southern showdown
When: Tipoff is set for 6:30 p.m. PT on Wednesday, January 7
Where: Liberty High School | Henderson, Nevada
Watch live: Watch Centennial vs. Liberty live on the NFHS Network
Nevada
Tahoe man loses $20K at Nevada casino and threatens to bomb facility before arrest, police say
Nevada
2025 worst year for home sales in Southern Nevada since 2007, report says
Home prices in Southern Nevada dropped from record highs to end 2025 and less homes sold last year compared with 2024.
Approximately 28,498 existing homes sold in the region last year, which is down almost 9 percent from the 31,305 homes that sold in 2024, according to trade association Las Vegas Realtors, which pulls its data from the Multiple Listing Service. This is the lowest number of homes sold in a year in Southern Nevada since 2007 right before the Great Recession.
The median sale price for a house sold in Southern Nevada in December was approximately $470,000, a 3.9 percent drop from November, according to LVR. By the end of December, LVR reported 6,396 single-family homes listed for sale without any sort of offer. That’s up 28.8 percent from one year earlier.
Despite a down year in sales, the local market did end on a high note.
George Kypreos, president of Las Vegas Realtors, said he is optimistic the housing market could turn around this year. The LVR report noted that home sales in Southern Nevada have seen “peaks and valleys” in recent years, generally declining since 2021 when a record 50,010 properties sold.
“Although it was a relatively slow year for home sales, we’re seeing some encouraging signs heading into the new year,” said Kypreos in a statement. “Buyer activity locally and nationally is starting to improve. Home prices have been fairly stable, and mortgage interest rates ended the year lower than they were the previous year. Most trends are pointing to a more balanced housing market in 2026.”
Freddie Mac currently has the average price for a 30-year fixed-term mortgage rate at 6.1 percent. That mortgage rate has not gone below 6 percent since 2022.
The all-time high median home sale price in Southern Nevada was broken multiple times last year, and currently sits at $488,995 which was last set in November while the condo and townhome market has dropped substantially from an all-time high that was set in October of 2024 ($315,000) to $275,000 to end 2025.
Major residential real estate brokerages are mixed as to where the market will head this year as Zillow, Redfin and Realtor.com have all put out their 2026 projections, and they expect a similar market to 2025. Mortgage rates aren’t expected to drop enough next year to unlock the country’s housing market, new builds will continue to lag, and prices will remain relatively elevated.
Realtor.com said in its report that it predicts a “steadier” housing market next year and a slight shift to a more balanced market. Redfin’s report says 2026 will be the year of the “great housing reset,” which means the start of a yearslong period of “gradual increases in home sales and normalization of prices as affordability gradually improves.”
Finally, Zillow said the housing market should “warm up” in 2026 with “buyers seeing a bit more breathing room and sellers benefiting from price stability and more consistent demand.”
Contact Patrick Blennerhassett at pblennerhassett@reviewjournal.com.
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