Nevada

LVR reports local home prices springing forward

Published

2 years ago

May 6, 2024

LVR reports local home prices springing forward

LAS VEGAS – A report released Tuesday by Las Vegas REALTORS® (LVR) shows local housing prices springing forward in April, with condo and townhome prices reaching a record high.

LVR reported that the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service (MLS) during April was $469,000. That’s up 9.1% from $430,000 in April of 2023. However, local home prices are still below the all-time record of $482,000 set in May of 2022.

The median price of local condos and townhomes sold in April was $290,000, up 7.4% from $270,000 in April 2023. That’s an all-time high, surpassing the $287,000 mark set in August of 2022.

LVR President Merri Perry, a longtime local REALTOR®, said local home prices have remained resilient this year despite recently rising mortgage interest rates. Despite rising rates, she was pleased to see an increasing number of properties being sold last month.

“Mortgage rates have been slowing down home sales this year, so it’s good to see more homes and condos selling,” Perry said. “Overall, demand continues to outpace the supply of homes here in Southern Nevada, and that’s driving up prices.”

By the end of April, LVR reported 3,476 single-family homes listed for sale without any sort of offer. That’s down 7.0% from one year earlier. Meanwhile, the 1,248 condos and townhomes listed without offers in April represent a 29.5% increase from one year earlier.

LVR reported a total of 2,960 existing local homes, condos and townhomes sold in April. Compared to April 2023, sales were up 19.2% for homes and up 16.1% for condos and townhomes. The sales pace in April equates to less than a two-month housing supply, which is similar to one year ago and considered low by historical standards.

According to LVR, 2023 was the slowest year for existing local home sales since 2008. LVR reported a total of 29,069 sales of existing local homes, condos and townhomes in 2023. That was down from 35,584 total sales in 2022. That followed a record year for existing local home sales in 2021, when LVR reported 50,010 total properties were sold.

During April, LVR found that 26.9% of all local property sales were cash transactions. That’s up from 22.3% one year ago. That’s well below the May 2013 cash buyer peak of 59.5%.

The number of so-called distressed sales remains near historically low levels. LVR reported that short sales and foreclosures combined accounted for 1.2% of all existing local property sales in April. That compares to 0.8% one year ago, 0.5% two years ago, 0.9% three years ago, 1.5% four years ago and 3.0% of all sales five years ago.

These LVR statistics include activity through the end of April 2024. LVR distributes statistics each month based on data collected through its MLS, which does not account for all newly constructed homes sold by local builders or homes for sale by owners. Other highlights include:

The total value of local real estate transactions tracked through the MLS during April was more than $1.4 billion for homes and more than $193 million for condos, high-rise condos and townhomes. Compared to one year earlier, total sales values in April were up 35.4% for homes and up 28.5% for condos and townhomes.
In April, 83.0% of all existing local homes and 84.1% of all existing local condos and townhomes sold within 60 days. That compares to one year earlier, when 71.5% of all local homes and 75.7% of all condos and townhomes sold within 60 days.

About LVR

Las Vegas REALTORS® (formerly known as GLVAR) was founded in 1947 and provides its nearly 17,000 local members with education, training and political representation. The local representative of the National Association of REALTORS®, LVR is the largest professional organization in Southern Nevada. Each member receives the highest level of professional training and must abide by a strict code of ethics. For more information, visit www.LasVegasRealtor.com.

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Nevada

Nevada DMV receives nearly 21,000 reports of illegal drivers in two months

Published

10 hours ago

December 20, 2025

Press Room

Nevada DMV receives nearly 21,000 reports of illegal drivers in two months

LAS VEGAS (KTNV) — The Nevada Department of Motor Vehicles has received nearly 21,000 complaints about illegal drivers through its new online reporting portal in just two months, with more than 83 percent of those reports coming from Clark County.

The Registration Spotter tool, launched in October on the DMV’s website, allows residents to report vehicles with no plates, expired or invalid registration, or illegal out-of-state plates. The initiative was part of an effort to address what officials call a pervasive problem affecting road safety and contributing to rising car insurance costs.

WATCH | Plenty of reports, not enough action — what’s the deal?

Nevada DMV receives nearly 21,000 reports of illegal drivers in two months

“It’s everywhere all the time,” said J.D. Decker from the DMV’s Compliance Enforcement Division during a February ride-along.

However, some residents who have filed reports are questioning the effectiveness of the system, like Las Vegas resident Paul who emailed to ask, “Darcy, what’s the deal?”

“I reported a car without plates over two months ago and I still see it parking where I live. Why don’t they investigate? I also see so many cars on the road without plates and even see cops that don’t stop them. Why don’t police stop them?” Paul asked.

KTNV

DMV officials acknowledge that enforcement is lacking. DMV spokesperson Hailey Foster said the agency agrees “this is certainly an issue we, the DMV, would like to see be enforced more.”

The DMV admits it’s still working to distribute data from the online portal to other agencies and cannot guarantee specific action on reports. Foster explained that if a vehicle is parked in someone’s driveway and not being operated, that’s technically legal. Officers need to see the car being driven on streets to issue a citation.

“This takes everybody, and there’s so much of it right now, and it’s going to take all of Nevada law enforcement to address,” Decker said.

The DMV does not track enforcement statistics based on whether action comes from patrol, investigation or complaints submitted by residents, making it impossible to determine how many Registration Spotter tips have led to enforcement action.

But, traffic enforcement overall is increasing. Las Vegas Metropolitan Police made about 82,000 traffic stops this year, according to a Dec. 16 social media post.

A newly formed multi-agency traffic task force, which we told you about on Dec. 8, has logged 26 registration violations and 14 insurance violations since its formation, though their primary focus is on dangerous driving.

We also asked other agencies for their enforcement statistics over the last two months. North Las Vegas Police said, “While NLVPD does not receive or track the individual public-submitted reports sent directly to the DMV as part of that program, we are able to provide our department’s registration-related enforcement statistics during the same general timeframe.

For the period October 1, 2025 through December 18, 2025, North Las Vegas Police Department officers issued:

557 citations
601 total offenses related to registration and license plate violations

These offenses include, but are not limited to:

Failure to possess or surrender certificate of registration
Improper display of license plates
Operating a vehicle without valid Nevada vehicle registration

Henderson Police citations from 10/01/2025 – 12/17/2025:

Operate vehicle w/expired registration or plates: 214

Operate unregistered vehicle-trailer or semi trailer: 84

Display fictitious vehicle registration/plate/title: 8

Fail to obtain and properly display permit to operate unregistered vehicle: 3

Operate unregistered moped: 1

Rear license plate lamp violation: 1

License plates improperly displayed: 1

Nevada State Police was only able to provide citation information for the month of October.

Nevada Highway Patrol statewide citation information:

Total citations issued: 12,962

Registration-related citations: 1,475

All other citations: 11,487

Statement from the Department:

“The Nevada State Police Highway Patrol Division recognizes public interest related to unregistered vehicles and has and will continue to enforce all traffic laws on Nevada’s roadways, including laws related to vehicle registration. Enforcement of unregistered vehicles has long been part of routine traffic enforcement efforts statewide. As with all enforcement activity, the Nevada Highway Patrol prioritizes public safety and responds based on observed violations, calls for service, and operational considerations, including impaired driving and other serious safety concerns. Traffic enforcement is continuous and ongoing, and troopers take appropriate enforcement action when unregistered vehicles are encountered during patrol or traffic stops. The Nevada Highway Patrol strongly encourages drivers to ensure their vehicles are properly registered in accordance with Nevada law.”

The DMV is asking each law enforcement agency in the state to increase enforcement of the types of violations reported through Registration Spotter. DMV officials say the best outcome would be for each agency to conduct their own enforcement patrols and crack down on these violations.

Wondering what the deal is with something happening in the valley? Reach out to Darcy Spears at Darcy.Spears@ktnv.com.

This story was reported on-air by a journalist and has been converted to this platform with the assistance of AI. Our editorial team verifies all reporting on all platforms for fairness and accuracy.

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Nevada

Outdoor tourism grows in Nevada despite Las Vegas Strip visitor decline

Published

22 hours ago

December 20, 2025

Press Room

Outdoor tourism grows in Nevada despite Las Vegas Strip visitor decline

LAS VEGAS (FOX5) — While Strip tourism declined this year, outdoor recreation across Nevada continues to grow, with some areas seeing increased business and new facilities opening to accommodate visitors.

Valley of Fire State Park reached 1 million visitors this year and recently opened a new $30 million visitors center. Lake Mead National Recreation Area also continues to draw tourists, including those taking holiday-themed rafting tours through Black Canyon.

Chad Taylor, director of operations for the Hospitality Division of Guest Services and Hoover Dam Rafting Adventures, calls outdoor recreation an “enormous” boost for the state economy.

Last month, the Nevada Division of Outdoor Recreation (NDOR) released an Economic Impact Analysis finding that outdoor recreation is a $24 billion industry in Nevada, generating $13.7 billion in total economic output, supporting more than 75,000 jobs, and contributing $8.8 billion to the state’s Gross Domestic Product (GDP).

NDOR reports outdoor recreation has officially surpassed the mining industry in GDP contribution and is rapidly becoming a cornerstone of Nevada’s economic diversification strategy.

The Hoover Dam Rafting Adventure, which has operated for more than four decades, saw slightly lower numbers this year for its 12-mile Colorado River tours starting at the base of the dam. Taylor said the rafting business typically follows Las Vegas tourism trends.

“As Las Vegas tourism increases or decreases, we typically see the same out here for the tour specifically,” Taylor said.

However, other outdoor properties showed growth. Taylor said Lake Mead properties, including Callville Bay, Cottonwood Cove, and Temple Bar, saw increased business this year.

Taylor, who sits on the governor’s advisory board for outdoor tourism, said the state is investing heavily in outdoor recreation infrastructure. Nevada is building Adventure Centers in Northern Nevada and Southern Nevada.

The Southern Nevada Adventure Center, under construction in Boulder City, will serve as a one-stop shop for booking outdoor activities. The facility is expected to open in summer 2026.

“Not only at the federal level, but the state level, the amount of energy and effort that they’ve put into outdoor recreation over the last few years, especially when it comes to the two new adventure centers that they’re building in Northern Nevada and Southern Nevada, they’re doubling down on outdoor recreation,” Taylor said.

The Hoover Dam rafting company continues its holiday-themed tours with Santa through Christmas Eve.

The Hoover Dam rafting company continues its holiday-themed tours with Santa through Christmas Eve.(FOX5)

Reservations can be made at hooverdamraftingadventures.com or by calling (800) 455-3490.

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Nevada

Bill by Nevada’s Amodei to ramp up mining on public land passes House

Published

1 day ago

December 19, 2025

Press Room

Bill by Nevada’s Amodei to ramp up mining on public land passes House

The U.S. House passed a bill Thursday put forward by Nevada Rep. Mark Amodei that would reinvigorate mining activity on federal lands.

Amodei, a Republican who represents the state’s top half, described the bill as strengthening the nation’s mineral supply chain and helping to counter China’s dominance with minerals.

“Western states are sitting on a wealth of resources and a critical opportunity to break our dangerous reliance on foreign adversaries while powering our own economy,” he said in a statement.

“The Mining Regulatory Clarity Act … gives domestic mining operations the certainty they need to compete aggressively and win.”

The bill passed 219 to 198. Republicans voted 210 in favor, 1 opposed and 9 not voting. Democrats voted 9 in favor, 197 opposed and 7 not voting. It was one of the House’s last actions before adjourning for the year.

Nevada delegation split on mining bill

Amodei was joined by Las Vegas Democrat Steven Horsford, who co-sponsored the bill in the House.

“Streamlining the hardrock mining process will create good jobs and strengthen our energy sector,” Horsford said.

The state’s other two House members — Democrats Susie Lee and Dina Titus — voted in opposition.

Titus spokesperson Dick Cooper told the Reno Gazette Journal that the congresswoman voted no because the bill would allow for increased dumping of mine waste on public lands.

“It would also allow mining companies to gain permanent rights to occupy public lands and preclude other uses including recreational and cultural uses,” he added.

It now heads to the Senate, where Nevada Democrat Catherine Cortez Masto will work to get it passed.

“This bill is common sense, and it’s key for communities across Nevada that count on mining for their livelihoods,” Cortez Masto said in a social media post.

Sen. Jacky Rosen of Nevada, a Democrat, also supports it. She helped introduce the Senate companion version of Amodei’s bill.

“Nevada is one of the few places in the United States with an abundance of critical minerals and a robust hardrock mining industry,” Rosen said. “The responsible mining of these minerals supports thousands of jobs and will help to strengthen our domestic manufacturing and clean energy supply chains.”

What does Amodei’s Mining Regulatory Clarity Act do?

The bill is a response to a 2022 decision by the 9th Circuit Court of Appeals involving the Rosemont Copper Mine in Arizona.

The decision basically meant that mining companies must prove valuable minerals exist on a piece of land before they can dump waste material on it. Called the “mineral validity” requirement, it disrupted decades of precedent.

Amodei’s bill would reverse that and allow the practice to resume of using nearby land for mining waste without proving the land contains commercial deposits — something mining companies say is essential for operating on federal land.

“This legislation ensures the fundamental ability to conduct responsible mining activities on federal lands,” said Rich Nolan, National Mining Association president and CEO, in a statement. “Regulatory certainty, or the lack thereof, will either underpin or undermine efforts to decisively confront our minerals crisis.”

The bill also creates an “Abandoned Hardrock Mine Fund.” Some fees related to mining claims will be used to fund a program to inventory, assess and clean up abandoned hardrock mines.

Environmental groups blast House vote on Mining Regulatory Clarity Act

Some environmental groups campaigned against the bill and described it as choosing corporate interests over people, Native Americans’ rights and the environment.

Lauren Pagel, policy director for Earthworks, said the bill “will remove already-scarce protections for natural resources and sacred cultural sites in U.S. mining law.”

The Center for Biological Diversity said the bill surrenders public lands to mining conglomerates.

“The so-called Mining Regulatory Clarity Act would bypass the validity requirement and grant mining companies — including foreign companies — the statutory right to permanently occupy and indiscriminately use public lands upon approval of a company’s self-written plan of operations,” said the nonprofit conservation organization in an online post.

Mark Robison is the state politics reporter for the Reno Gazette Journal, with occasional forays into other topics. Email comments to mrobison@rgj.com or comment on Mark’s Greater Reno Facebook page.

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