The pause comes at a volatile and uncertain time for Southern Nevada, its workforce and its rental market.
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An estimated 13.8 percent of the Las Vegas area’s workforce was unemployed in October
The nearly 44-acre site is just west of Interstate 15 at state Route 161, on the way to California.
Atlanta-based homebuilder Beazer Homes bought a tract of land during the bubble days in Indian Springs, a quiet, pint-sized community, and filed plans to build a subdivision.
Nevada’s jobless rate ticked lower last month but remains elevated.
A nearly 230-year-old U.S. cent piece is scheduled to be auctioned Aug. 6 at Bellagio, auction house Stack’s Bowers Galleries recently announced.
Moonwater Capital founder Ofir Hagay bought the power company’s Las Vegas headquarters at 6226 W. Sahara Ave., near Jones Boulevard, for $33.35 million.
Nevada’s unemployment rate dropped sharply last month as casinos reopened from a lengthy lockdown, but plenty of people remain out of work.
The state’s unemployment rate was 25.3 percent in May, down from 30.1 percent in April, according to figures released Wednesday by the Nevada Department of Employment, Training and Rehabilitation.
Homebuilding activity dropped sharply in Las Vegas last month amid the pandemic-sparked economic shutdown. But the worst may be over for the local housing market, a new report says.