WASHINGTON — The Pentagon would have more flexibility to assist military families in bad housing markets under legislation passed Friday that lawmakers said could help airmen stationed at Nellis and Creech Air Force bases.
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It really didn’t take a $40,000 study from the Sierra Club to determine that Las Vegas was overbuilt, putting a strain on natural resources. Just look at the vacant buildings.
Home sales in Las Vegas increased in April while median prices fell by single-digit percentages and appear to have stabilized at the lower end of the market, Home Builders Research reported Monday.
Nevada has laid out its plans for spending nearly $103 million from the Emergency Stabilization Act, part of $1.5 billion in federal funding for the five hardest-hit states in the housing downturn.