Author: Emma Aguilar

With the 30-year mortgage rate holding at 7.12%, it's no surprise that we're seeing Reno's median home price sitting at $659,777—just shy of its all-time high. As someone who's navigated the ups and downs of Nevada real estate for over 17 years, I know how inflation and limited land supply can create challenging conditions for buyers. In today’s market, strategic negotiation is key. Asking for seller credits or exploring rate buy-downs can help offset some of those higher borrowing costs, whether you’re purchasing in Reno or considering opportunities elsewhere in northern Nevada. My experience has taught me that even in a competitive environment, there are ways to make a deal work in your favor.

Having spent over 17 years guiding clients in the Las Vegas real estate market, I’m always watching for shifts that could benefit buyers—and here’s an interesting one: in seven major U.S. metros, starter home prices are dropping at a faster pace than rents. At the same time, earnings are on the rise. This combination is narrowing the gap between renting and owning, making the path to homeownership more attainable for many, even though renting may still cost less right now. For anyone weighing the long-term rewards of owning versus the flexibility of renting, these market changes could open new doors. As someone who’s helped buyers, sellers, and property owners navigate these decisions for years, I know how important it is to keep an eye on these trends.

The Las Vegas Turkey Trot returns on November 26, 2026, for its 20th annual Thanksgiving Day race. The event takes place at the Historic Railroad Hiking Trail in Lake Mead National Recreation Area near Las Vegas, Nevada, offering a local outing with a scenic route toward Hoover Dam.

Participants can choose from four distances: a half marathon, 12K, 5K, or 1 mile. The event is open to people who want to run or walk, making it an opportunity to experience the Historic Railroad Trail at a pace that fits their plans.

The course passes through the Six Tunnels toward Hoover Dam, highlighting one of the distinctive outdoor experiences available near Las Vegas, Nevada. For registration details and event information, visit https://bbscendurance.com/lasvegasturkeytrot/.

Local events can be a useful way to learn more about the neighborhoods, trails, and amenities surrounding Las Vegas, Nevada. If you are exploring a move or considering your next real estate step, message me to talk about your plans.

As someone who’s spent over 17 years helping Las Vegas families and property owners protect and enhance their homes, I always keep an eye out for opportunities that make a real difference. The city is now offering two valuable programs: up to $7,500 for water leak repairs in qualifying homes, and free lead paint removal for older properties with young children. It’s encouraging to see these initiatives supporting safer, more comfortable living—especially for families. Landlords can also apply if their properties prioritize households with children. Applications are available online. If you’re navigating home ownership or property management in Las Vegas, resources like these can be a significant help.

With over 17 years navigating the Las Vegas real estate market, I’ve witnessed its ebbs and flows firsthand. This September, we saw rising mortgage rates contribute to a 7.4% decrease in home sales and a 12.6% drop in condo sales across our city. The median home price now stands at $470,000, while condos are at $290,000. Inventory has grown to a five-month supply, and most properties are moving within about 60 days. For buyers and sellers alike, understanding these shifts is key to making informed decisions—especially in a market as dynamic as Las Vegas.

Living and working in Las Vegas for over 17 years, I’ve seen firsthand how critical water resources are to our growth and quality of life. The ongoing Colorado River drought, combined with population increases and outdated water agreements, is creating real pressure on water availability across the Southwest. Here in Nevada, we’ve become leaders in water conservation, but Arizona is feeling the strain, and even regions like California’s Inland Empire are running into supply challenges. These changes have a direct impact on housing markets, shaping development and affecting options for buyers, sellers, and investors throughout our region. Staying informed and adaptable is key in this evolving landscape.