Numbers tell the story, either good or bad, about Nevada’s ranking compared to other states, and this year the numbers indicate a slow but steady economic recovery that has the Silver State moving from eighth place to 11th in percentage of foreclosed homes and third place to sixth in unemployment. However, Nevada continues to lag behind other states in factors such as … [Read more...] about Nevada’s Place Among the States 2016
The Boyd Company
Nevada has always had a unique economy, based on volatile industries like mining, which fluctuates according to the price of metals, and tourism, which depends on the U.S. and world economy. Employment, construction and the housing market in the Silver State tend to follow these industries from one extreme to the other. In this year’s report comparing Nevada to other states, … [Read more...] about Nevada’s Place Among the States
Construction Returns to Nevada’s Industrial Market Nevada’s industrial market, which was devastated by the recession, has now recovered to the point where developers have returned to the market with “spec” projects (those built in advance of a contract or buyer). Now that 2014 year-end numbers have been tallied and evaluated, commercial real estate experts agree that the … [Read more...] about If You Build It, Will They Come?