Real Estate Commons^™

Most Affordable And Fastest-Growing Cities In The Mountain West, 2026, Cason Noll, Caitlin J. Saladino, William E. Brown Jr.

Cities & Metros

This fact sheet presents data on the most affordable and fastest-growing cities among the five Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. The data are sourced from MoneyLion’s “50 Most Affordable, Fastest-Growing Cities” report, which analyzed and ranked U.S. cities by the most affordable places with large population growth. This fact sheet focuses on the 10 Mountain West cities that ranked within the top 50 and their corresponding 5-year population growth rate, median household income, annual cost of living for both homeowners and renters, and the leftover savings available at the end of the year for …

Manufactured Homes In The Mountain West, 2025, Yiselle Olivas Ruiz, Dre Boyd-Weatherly, Taylor Volk, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet presents 2025 data on manufactured homes in the five Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. The Construction Coverage report, “U.S. States Investing Most in Manufactured Homes,” based on analysis from the U.S Census Bureau and Zillow’s Home Value Index, includes data on all fifty states. This fact sheet focuses on the number of manufactured homes, site-built home permits, and the average price of manufactured homes in the Mountain West.

The Effects Of Neighborhood And Interior Characteristics On Residential Sale Prices, Ella Sophie Hagman

Undergraduate Economics Working Paper Series

This study analyses to what extent certain neighborhood and interior characteristics affect residential sale prices, after accounting for standard property variables. This is important to examine in order to understand the function of the housing market, the sources of price differences, and whether residential values can be controlled by prioritizing specific desirable property features. The study is based on a dataset of approximately 330,000 observations from the Multiple Listing Service (MLS), as well as walkability data obtained from Walk Score. The data is analyzed in Stata, using three regression models with different combinations of explanatory variables. The results show that …

Cost Of Living For Older Adults (65+) In Mountain West Metropolitan Statistical Areas, 2024, Anirudh Polagani, Annie Vong, Mohit Pande, Olivia K. Cheche, Caitlin J. Saladino, William E. Brown Jr.

Demography

This fact sheet explores 2024 cost of living data for adults over the age of 65 in the largest metropolitan statistical areas (MSAs) across five Mountain West states: Arizona, Colorado, Nevada, New Mexico, and Utah. The data are sourced from the “Elder Index,” a dashboard that focuses on housing, healthcare, food, transportation, and miscellaneous expenses that collectively reflect the monthly expenses for those over the age of 65. This fact sheet focuses on five MSAs in the Mountain West: Phoenix-Mesa-Chandler, AZ; Denver-Aurora-Centennial, CO; Las Vegas-Henderson- North Las Vegas, NV; Albuquerque, NM; and Salt Lake City-Murray, UT.

Housing Crisis Outlook In Mountain West Metros, 2023, Kian Parikh, Yiselle Olivas Ruiz, Ivan Sun, Olivia K. Cheche, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet presents 2023 data on housing market conditions in seven large metros across the five Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah. The Lending Tree report, “Portland, Ore., Has Worst Housing Crisis Outlook – Here’s Why,” includes data on the 100 largest metros in the U.S. This fact sheet focuses on housing crisis outlook data for Mountain West metros appearing among the largest 100 metros in the nation: Phoenix, AZ; Tucson, AZ; Colorado Springs, CO; Denver, CO; Las Vegas, NV; Albuquerque, NM; and Salt Lake City, UT.

Homelessness Increases In The Mountain West, 2015-2024, Krish Sharma, Sydney Mitchell, Mohit Pande, Olivia K. Cheche, Caitlin J. Saladino, William E. Brown Jr.

Demography

This fact sheet presents data on homelessness increases in the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah from 2015 to 2024. The data are derived from “Male homelessness in the United States,” a report by the American Institute for Boys and Men (AIBM). The original report includes data on the overall increase in homelessness in the United States from 2015 to 2024, as well as data on the increase in homelessness by gender.

New Building Permits In The Mountain West, 2024, Taylor Volk, Mohit Pande, Kristian Thymianos, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet examines data on new build permits from January 2023 to January 2024 in the five Mountain West States of Arizona, Colorado, Nevada, New Mexico, and Utah.“New Home Construction Statistics,” published by This Old House, reported percent changes on new builder permits and construction manufacturing costs and statistics across all 50 states.

Extremely Low-Income Renter Households In The Mountain West, 2023, Anthony Arroyo, Yiselle Olivas Ruiz, Mia Tschan, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet examines data from the 2025 National Low Income Housing Coalition (NLIHC) report, “The Gap: A Shortage of Affordable Rental Homes,” which reported annual rental housing shortages in the United States. This fact sheet focuses on the number of extremely low-income renter households, affordable and available rental homes, and associated cost burdens in the five Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah.

The Causes And Impact Of Evictions In Southern Nevada, Mohit Pande

Student Research

As the Southern Nevada region continues to quickly grow, evictions have become a structural feature of the region’s rental market. The region has one of the highest eviction filing rates in the country and this trend has continued to increase in the wake of the Covid-19 pandemic. This paper examines the availability of market-rate affordable housing and the expansion of subsidized affordable housing to understand how the local housing conditions contribute to the number of evictions in Southern Nevada. Additionally, the paper studies local legal processes, such as the summary eviction system and habitability procedures, to understand the relationship between …

Nevada’S Predictable Housing Train Wreck And What To Do About It, Arthur C. Nelson

Policy Briefs and Reports

Nevada is on the cusp of a housing catastrophe, especially in Southern Nevada.

Consider that the state has fewer households than it should. A household is defined as one or more people who have a home of their own. But for price, location, configuration, and other factors, about 60,000 households in Nevada do not exist because there is no home for them. And it’s going to get worse. Including these “missing households,” nearly 470,000 new occupied homes will need to be built between 2020 and 2040 to meet the housing needs of all Nevadans, or about 23,000 per year. The …

Nevada’S Housing Policy Landscape: Data, Analysis, And Policy Solutions, Brookings Mountain West, Lied Center For Real Estate

Brookings Mountain West Special Events

From rising rents to high interest rates to limited supply, housing policy is a central issue in the 2024 elections. Brookings Mountain West, in partnership with UNLV’s Lied Center for Real Estate, hosted a community forum examining the local, state, and federal impacts of Nevada’s housing challenges. New research presented at the forum offer insights into the demographic and economic dynamics of individuals and families navigating Nevada's turbulent housing market, assess trends in home ownership, and evaluate barriers preventing Nevadans from accessing the housing market.

Renter Households In Mountain West Metros, 2022, Sean Curry, Mohit Pande, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet presents data from a Joint Center for Housing Studies (JCHS) Harvard University report “America’s Rental Housing 2024,” which details the status of the rental market in the U.S. This fact sheet focuses on data for the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah including data on the demographics of renter households in Mountain West metropolitan statistical areas (MSAs).

Property Taxes In Mountain West Cities, 2022, Annie Vong, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet examines data on homestead, apartment building, and commercial property tax rates for five cities in the Mountain West: Phoenix, AZ; Denver, CO; Las Vegas, NV; Albuquerque, NM; and Salt Lake City, UT). The fact sheet compares the average tax bill for homestead properties and median home values reported in “50-State Property Tax Comparison Study For Taxes Paid in 2022,” an August 2023 report from the Lincoln Institute of Land Policy and Minnesota Center for Fiscal Excellence.

The Safest Suburbs In The Mountain West, 2023, Ivan Sun, Zachary Billot, Caitlin J. Saladino, William E. Brown Jr.

Cities & Metros

This fact sheet presents data from the Smart Asset report, “America’s Safest Suburbs – 2023 Study,” which examines the 370 safest suburbs in the United States and the 35 most affordable safest suburbs. This fact sheet focuses on data for the nine safest suburbs and most affordable safe suburbs in the Mountain West states of Arizona, Colorado, Nevada, and Utah ranking among the top 100 safest suburbs in the United States.

Priced Out Of Housing In The Mountain West, 2022, Maryam Raja, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet presents data from the National Association of Home Builder (NAHB) 2022 report on "priced out estimates" and the consequences of increased prices and interest rates on homes. Data are included from NAHB on home affordability for median home prices in five Mountain West states and 25 metropolitan statistical areas (MSAs).

The Shrinking Geography Of Housing Opportunity In Mountain West Metros, 2022, Hira Ahmed, Joshua Padilla, Saha Salahi, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet examines data from the National Equity Atlas on the changing geography of opportunity across Mountain West metros. The original report includes data on the largest 100 metros in the United States. This fact sheet reports on the overall percentages of affordable zip codes in nine major metropolitan areas in the Mountain West and changes in affordable zip codes for Black, Latinx, and white households in Mountain West metros from 2013 to 2019. Data for nine Mountain West metros are included: Tucson, AZ; Phoenix-Mesa-Scottsdale, AZ; Colorado Springs, CO; Denver-Aurora, CO; Albuquerque, NM; Las Vegas-Paradise, NV; Ogden-Clearfield, UT; Provo-Orem, …

Manufactured Homes In Nevada Counties, Joshua Padilla, Annie Vong, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet presents data on the share of manufactured homes in each of Nevada’s 17 counties, as reported in the June 2022 The Daily Yonder article, “With Housing Shortage Still Ongoing, Manufactured Homes are Gaining Ground,” by Kristi Eaton. The original report includes data made available by the Housing Assistance Council (HAC) for each county in the United States from 2009 and 2018.

Acreage Of Foreign Owned Farmland In The Mountain West, 2020, Geneva Martin, Saha Salahi, Zachary Billot, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet examines foreign-owned farmland in the Mountain West states of Arizona, Colorado, Nevada, New Mexico, and Utah, as originally reported by the United States Department of Agriculture’s (USDA) Farm Service Agency.

Housing Availability In Nevada, 2017-2022, Annie Vong, Olivia K. Cheche, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet examines data on housing availability across nine Nevada counties from 2017 to 2022. Eight Nevada counties are not represented in this fact sheet due to a lack of data in the original report. The original report by MarketWatch analyzes housing inventory from 2017 to 2022 and median list prices in 2022 across counties in the United States.

Shortage Of Affordable Rental Homes In The Mountain West, Joshua Padilla, Kelliann Beavers, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet examines data from the 2022 report by the National Low Income Housing Coalition (NLIHC), “The Gap: A Shortage of Affordable Homes” for the Mountain West region. The original report includes data from 2016- 2020 American Community Survey (ACS) Public Use Microdata Sample (PUMS) to help “determine the availability of rental homes affordable to extremely low-income households.”

Best Cities For Affordable Homeownership In The Mountain West, Kelliann Beavers, Olivia K. Cheche, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet highlights data on the best cities for affordable homeownership in the Mountain West, based on the SmartAsset report, “Best Cities to Buy an Affordable Family Home – 2021 Edition.” The report is SmartAsset’s second annual study, following the 2020 report, and includes data on 100 of the largest cities in the United States. This fact sheet highlights the rank, index, down payment-to-income ratio, housing costs as a percent of income, and four-year change in homeownership rate within each of the 15 Mountain West cities included in the original report.

Housing Affordability For Top Occupations In Nevada Metros, 2022, Kristian Thymianos, Elia Del Carmen Solano-Patricio, Ally M. Beckwith, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet combines housing and employment data from the National Housing Conference (NHC) and the Bureau of Labor Statistics (BLS) to examine housing affordability for the 10 most common occupations in the Las Vegas-Henderson-Paradise, NV and the Reno-Sparks, NV metropolitan statistical areas (MSAs) in Quarter 1 of 2022.

Top Boomtowns In The Mountain West, Ally M. Beckwith, Caitlin J. Saladino, William E. Brown Jr.

Cities & Metros

This fact sheet highlights data on the top boomtowns in the Mountain West region in 2019 and 2021. The original SmartAsset report includes data on the rapid economic growth and prosperity in boomtown cities through new employment opportunities and residents.

Housing Affordability Index: Mountain West Cities, November 2021, Olivia K. Cheche, Joshua Padilla, William E. Brown Jr.

Housing & Real Estate

This fact sheet highlights data on the median household income, median home price, estimated monthly mortgage and taxes, and share of income used for homeownership in fifteen Mountain West housing markets, as originally outlined in the “RealtyHop Housing Affordability Index: November 2021” report. The RealtyHop report analyzes the affordability of housing markets for the 100 most populous cities in the United States.

How Did Homelessness Change During The Great Recession And Recovery?, Jenny Schuetz, Matthew Ring

Policy Briefs and Reports

Job losses from the COVID-19 pandemic have exacerbated housing insecurity among low-income renters over the past year. Federal, state, and local policymakers have created temporary measures to help reduce displacement among people who have lost their jobs, but there is considerable uncertainty about what will happen when these temporary measures end. To gain insight into how homelessness changes over macroeconomic cycles, we examine changes in homelessness rates from 2007 to 2020. Our analysis focuses on four metro areas that were particularly hard-hit by the foreclosure crisis: Las Vegas, Los Angeles, Phoenix, and Riverside. Overall homelessness rates declined in all metros …

Housing Confidence In The Mountain West, Emmanuel A. Berrelleza, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet explores housing metrics in the Las Vegas, Denver, and Phoenix metropolitan areas, as originally reported in the Pulsenomics report, “Renter Confidence Dashboard." Market conditions, expectations, and homeownership aspirations are some of the key factors in assessing the livelihood of housing and real estate in metropolitan areas. These factors are presented with a comparison between all generations and millennials.

America's Best Small Cities In The Mountain West, Katie M. Gilbertson, Kelliann Beavers, Caitlin J. Saladino, William E. Brown Jr., Fatma Nasoz

Cities & Metros

This fact sheet reports the rankings of small cities in the Mountain West, based on perceived desirability for living, visiting, and investment. Resonance Consultancy’s “America’s Best Small Cities 2020,” report examines six key metrics: “People,” “Place,” “Product,” “Programming,” “Promotion,” and “Prosperity.” 11 small cities in the Mountain West are ranked within the top 100 in the United States.

The Housing Market And The Covid-19 Pandemic: Implications For Las Vegas, Phoenix, Riverside, Los Angeles, Orlando, And New Orleans, Jenny Schuetz, Sarah Crump

Policy Briefs and Reports

The COVID-19 pandemic has disrupted virtually every part of the U.S. economy in the past year, and wreaked havoc on people’s daily lives. Housing markets are no exception. Millions of renters have fallen behind on their rent, fearing eviction while accumulating debts they cannot pay. At the same time, prices for owner-occupied housing have soared while the inventory of for-sale homes has plummeted. In this brief, we analyze several measures of housing distress from 2007 to 2019 for six metro areas, chosen based on their housing and labor market characteristics. Los Angeles, Riverside, Las Vegas, and Phoenix were among the …

House Price Changes In The Mountain West, 1991-2020, Katie M. Gilbertson, Kristian Thymianos, Eshaan Vakil, Caitlin Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet measures the average price change in single-family house prices in Mountain West states and metropolitan areas. This fact sheet utilizes data from the Federal Housing Finance Agency's (FHFA) House Price Index (HPI) tool to show quarterly and yearly trends as far back as 1991 to 2020.

Land Use In Nevada: Counties And The Bureau Of Land Management (Blm), Elia Del Carmen Solano-Patricio, Kelliann Beavers, Caitlin J. Saladino, William E. Brown Jr.

Environment

This Fact Sheet compares land ownership in the State of Nevada, and its 17 counties. Drawn from an original report by Headwaters Economics, the figures and tables that follow provide each jurisdiction’s total land acreage, 2019 population estimates, and a breakdown of land ownership categories, including: private lands, federal lands, state lands, tribal lands, and land owned by cities, counties, or other jurisdictions.