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KNPR's State of Nevada

How Will Las Vegas Real Estate Survive COVID-19

Mar 18, 2020

Sports leagues have suspended their seasons. Casinos have closed their doors, and organizers have canceled conferences in Las Vegas.

NPR
Business
Janet Jenkins used RedfinNow, an iBuyer service, to quickly sell her home near Los Angeles. The company repainted it, spruced it up and put it back on the market for sale.

Who Needs A Realtor? iBuyers Pay Instant Cash For Your House

Feb 26, 2020
Companies such as Opendoor, RedfinNow and Zillow will pay cash for your house and buy it quickly. New numbers show these types of sales are growing very quickly, but is it a good idea?
NPR
Television

HGTV Celebrates A Quarter-Century Of Real Estate Inspiration, Escapism

Dec 01, 2019
The channel was launched 25 years ago today. Lulu Garcia-Navarro talks with Ronda Kaysen, contributor to the New York Times, about why the network first caught on and is still going strong.
NPR
Environment And Energy Collaborative
Hurricane Harvey's devastating flooding caught many homeowners by surprise, and prompted support for more disclosure about flood risk.

In Texas, Home Sellers Must Now Disclose More About The Risk Of Flooding

Oct 27, 2019
In many places there's no requirement to tell a home buyer if a house is at risk of flooding, even as climate change increases that risk. Some hope a new Texas law will be a national model.
NPR
Business
Itzel Alarcon recently moved into a rental development near Denver. She says she's renting for now because she saw relatives hurt by the housing crash and is worried that home values might drop again.

Renters Only: These New Homes Aren't For Sale

Oct 07, 2019
Developers are building thousands of single-family homes that won't require a mortgage to move in. Even people who could afford to buy are choosing to rent — they aren't ready for the long-term debt.
NPR
World
The Granville Street Bridge leads to downtown Vancouver, whose skyline of gleaming apartment towers hugging the waterfront is reminiscent of Hong Kong.

Vancouver Has Been Transformed By Chinese Immigrants

Jun 05, 2019
Chinese immigrants and investors have bought businesses and property, made philanthropic contributions and supported the arts. But some Vancouver residents feel priced out of the real estate market.
KNPR
Newscast headlines

Bonnie Springs Ranch Sells For $25 Million

Apr 06, 2019
LAS VEGAS (AP) — An "Old Nevada" replica mining town outside Las Vegas has been sold for $25 million.

Bonnie Springs Ranch started off as a wagon train pit stop in 1834 and grew into a tourist attraction featuring mock Wild West gunfights. It welcomed visitors until last weekend.
KNPR
Newscast headlines

Developer Suing Reno For $50M Over Denied Housing Project

Feb 23, 2019
RENO, Nev. (AP) — The California-based developers of a proposed housing development in a natural flood plain in Reno have filed a lawsuit accusing the city of blocking the project for political reasons.

NPR
National

'Brady Bunch' House Winner Revealed: HGTV Outbid Lance Bass

Aug 08, 2018
The outside of the house was featured in the 1970s sitcom, but the interior scenes were filmed in a Los Angeles studio.
KNPR
Newscast headlines

Bidding Ends For Historic Gateway District Homes Near UNR

Jun 09, 2018

Seven bids have come in to the University of Nevada, Reno for the relocation of 12 homes in the Gateway District in town. 

NPR
World
Dandong's new real estate developments like this one, "Left Bank of Uptown," have received a flood of buyers in the past month as home prices rise on the hopes that North Korea, just across the river from the border city, opens its economy.

Real Estate Jumps In Chinese City Bordering North Korea

Jun 08, 2018
Investors from across China have flooded to Dandong, the commercial gateway to the Korean Peninsula.
KNPR
Newscast headlines

Nevada Ranks Among States With Highest GDP

May 08, 2018

Federal data released this week show Nevada as one of the states with the highest gross domestic product.

NPR
The Two-Way
170 E. Second St. in the East Village neighborhood of Manhattan is among the buildings for which Jared Kushner's family real estate company reportedly filed false documents with New York City.

Kushner Cos. Profited By False Filings On NYC Real Estate, Report Says

Mar 19, 2018
The Associated Press, working with New York's Housing Rights Initiative, has uncovered dozens of cases in which false applications were filed for building permits in rent-controlled properties.
NPR
Business
The new tax law will have the biggest impact on the market for luxury homes such as this one in the Pacific Heights neighborhood of San Francisco.

Tax Changes Could Hurt Affordability At High End Of The Housing Market

Jan 02, 2018
Thanks to the tax overhaul, buying a home will get more expensive in some places in 2018. That's because of new restrictions on how much mortgage interest and property taxes homeowners may deduct.
NPR
National
At this construction site in Miami Beach, crews are using a technique known as soil mixing to create a watertight basement and parking garage.

South Florida Real Estate Boom Not Dampened By Sea Level Rise

Dec 05, 2017
Coastal cities are flooding more as sea levels rise faster and faster. But none of that is slowing real estate development in low-lying areas such as Miami.
NPR
Here & Now Compass
New buildings, a mix of residential and office space, stand on the Upper West Side of Manhattan, which has seen a surge of development in recent years. The long neglected area includes the Hudson Yards, the largest private real estate development in U.S.

Top Global Cities Face Increased Risk Of A Real Estate Bubble

Oct 17, 2017
Toronto leads this year's UBS Wealth Management list as the city with the biggest housing bubble risk. Real estate in several U.S. cities, including New York and Boston, is considered fair value.
NPR
The Two-Way
Remains of the garage door sit in the driveway at the house where Las Vegas gunman Stephen Paddock lived in the Sun City community in Mesquite, Nev.

Details Emerge Of Las Vegas Shooter's Real Estate Gambles

Oct 05, 2017
Las Vegas shooter Stephen Paddock was involved in nearly a dozen deals over the past three decades, starting small with apartments, then working up to multi-million dollar properties.
NPR
The Two-Way

Wealthy San Francisco Neighborhood Fails To Pay Taxes, Loses Private Street

Aug 07, 2017
After a series of $14 tax bills went unnoticed, San Francisco auctioned Presidio Terrace off to the highest bidder — a couple from San Jose. They're thinking of charging residents to park there.
NPR
NPR Ed

This School District Asked Real-Estate Agents To Help Rekindle Its Reputation

Aug 06, 2017
Real-estate agents, knowingly or not, can sway families' opinions on schools. So, school officials in Pasadena, Calif., decided to ask agents to help build a better district image.
NPR
Business
Back when commercial lenders were eager to do business with him, Donald Trump briefly operated an airline. In this 1989 picture, Trump attends a ribbon-cutting for the venture at Boston's Logan International Airport.

Trump May Have A Lot Of Money, But Documents Show He Owes A Lot, Too

Jun 20, 2017
Over the years, the president has had an up-and-down relationship with big commercial lenders. But while in the Oval Office, he could find himself in a conflict of interest with any amount of debt.
NPR
The Two-Way
Chinese staff wait for investors at a reception desk on Sunday in Shanghai, China, during an event promoting investment in a Kushner Companies development.

Kushner Companies' Pitch To Chinese Investors Raises Conflict Of Interest Questions

May 07, 2017
The sister of President Trump's son-in-law, Jared Kushner, highlighted her powerful brother as she sought financing for the family firm's real estate project in New Jersey to Chinese investors.
KNPR
Newscast headlines

Nevada High Court Upholds Out-Of-Court Foreclosure Process

Jan 27, 2017

CARSON CITY, Nev. (AP) — The Nevada Supreme Court has upheld the use of an out-of-court foreclosure process that helped investors acquire homeowner association properties at reduced prices during the Great Recession.

KNPR
Newscast headlines

Developers Eye Rural Southern Nevada Town For Apartments

Jan 02, 2017

LAS VEGAS (AP) — With its boarded up trailer homes and a sliding population, Indian Springs doesn't seem like an ideal spot for new real estate projects.

KNPR
Newscast headlines

Pahrump Home Sales Increase

Oct 27, 2016

Home sales in Pahrump increased dramatically in September of this year as compared to last, according to the Greater Las Vegas Association of Realtors.

KNPR
Newscast headlines

Bonanza Gift Shop Sells For $50M

Oct 25, 2016

A major gift shop in Las Vegas has been purchased for $50 million.

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