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Economy

4 Reasons Why We're Not Headed For Another Housing Crash

With home prices rising in many areas of the country, many people are worried that we’re headed for a housing crash like the one we suffered in 2008.

But here’s the thing: it’s just not true. While it’s understandable that people would look at the current market, consider it a “housing bubble,” and assume it’s going to pop, the truth of the matter is the market today couldn’t be any more different than they were before the crash of 2008.

Let’s look at four reasons why we’re not headed for another housing crash:

1. Banks have tightened their lending practices

Carson City mayor Bob Crowell to present State of City address

Event Date: 
January 30, 2019 - 11:30am

Mayor Robert Crowell will be addressing the citizens of Carson City on Wednesday, Jan. 30 to highlight all that has been done by the various city departments in 2018 and what can be expected to be started or completed in 2019 in this “city on the move."

Outgoing Nevada Governor Sandoval releases 2019-2021 biennium budget recommendations

CARSON CITY — Nevada Gov. Brian Sandoval issued the following statement Friday regarding the 2019-2021 budget building process and priorities:

The Business Edge: Tourism: An Economic Canary in the Coal Mine

Event Date: 
February 27, 2019 - 11:30am

Join us to learn about how the Tourism industry responds to changes in the economy. Our event speakers include Bob Potts, Research Director of GOED, and John McGinnes, Director of Sales at the Atlantis Casino Resort & Spa.

Carson City Ski Program is back for 6-12th graders, partners with Boreal Ski Resort

For the first time since the recession, the Ski Program offered by Carson City is back. The program ended around 2012, due to a low enrollment brought on by the recession. But now, Carson City Parks, Recreation & Open Space has partnered with Boreal Ski Resort to bring the program back.

Food Pantry seeks gifts for Stagecoach, Silver Springs children and seniors

Food Pantry volunteer Jean with Santa at "Shopping with the Elves."
Event Date: 
Repeats every day until Fri Dec 21 2018 .
December 21, 2018 - 1:00pm

December 21 is the Silver Stage Food Pantry’s fifth annual “Shopping with the Elves” event. From 1-5 p.m., parents who are guests of the Food Pantry can shop for gifts for their children.

The event includes a chance for children to visit with Santa and have holiday refreshments while their parents shop. The Pantry is in need of gifts for ages infant to 18 years.

Home-bound Seniors: The Pantry also welcomes donations of gifts for seniors. They deliver baskets and gifts to 40 home-bound elders, and sing carols to them as well.

Local retailers look to boost Carson City economy on Small Business Saturday

Black Friday is all about putting companies in the black, a good shot in the arm for the national economy.

What's happening around Carson City on Saturday, Nov. 24

Thanksgiving and Black Friday may be behind us, but Small Business Saturday is still ahead. Today consider shopping local to support small businesses in Carson City and surrounding communities. Small business Saturday deals can be found inside the Carson Mall, in downtown Carson City and at small businesses throughout the Nevada state capital.

Events and happenings around Carson City for Friday, Nov. 23

Welcome to your windy Friday, Nov. 23, 2018 the day after Thanksgiving. We hope your Turkey Day was a memorable one with enough leftovers to last through the weekend. If you're looking for holiday bargains today and Saturday, there's plenty of them to go around. Today is known as "Black Friday" the official launch of the holiday shopping season and Small Business Saturday, where independently owned restaurants, shops, art galleries, merchants and speciality stores urge all to shop and buy locally.

Silver State Musings: The election is over, enjoy the holidays, then get to work

The dust has finally settled on Nevada's 2018 mid-term elections following months of relentless media blitzing. I doubt that I am the only one breathing a sigh of relief.

Vintage at Kings Canyon to come before Carson City Planning Commission Nov. 28

The Project known as Vintage at Kings Canyon (the Andersen Ranch) is again before city officials. The applicants are asking for an amendment to the originally approved Planned Unit Development (PUD) from December of 2016.

They are asking for:

Holiday Open House at Artsy Fartsy Art Gallery, LLC

Event Date: 
December 8, 2018 (All day)

Join Artsy Fartsy Art Gallery for our yearly "Holiday Open House". The wine room will be filled with Champagne, chocolates, cookies, candies, and Bellini's and more.

Natasha Munson is our featured artist and the gallery will be decorated for the holiday's. Drop by and find that perfect gift or come shopping for yourself if you like.

Please, shop locally this holiday season and support your local economy, while supporting "Your Local Art Gallery."

Artsy Fartsy is located at 405 North Nevada Street.

Nevada adds 5,100 jobs in October, unemployment dips to 4.4 percent

Nevada's October unemployment rate declined by 0.1 percentage point over the month to 4.4 percent, down half a percentage point over the year. Overall job growth is up 45,800 jobs and grew by 3.4 percent year-over-year, according to figures released Wednesday by the state's Department of Employment, Training and Rehabilitation.

Small Business Saturday at Artsy Fartsy Art Gallery

Event Date: 
Repeats every 2 days until Sat Nov 24 2018 .
November 24, 2018 (All day)

Join Artsy Fartsy Art Gallery for Small Business Saturday. Discounts, prizes and, yes, the wine room will be open for your holiday shopping enjoyment.

Please shop small this holiday season and support your local economy, while supporting "Your Local Art Gallery."

Celebrate the Silver State's diverse natural, cultural wonders this Nevada Day

CARSON CITY — Did you know that Nevada Day is the largest celebration of statehood in the nation? Nevada Day is more than an extraordinary parade, it is Nevada’s heritage celebration – a gathering of communities to salute our State’s past and embrace its future.

Silver State's diverse economy is featured theme for 2018 Nevada Day celebration

When it comes to industry, Nevada has been known since its infancy for the three majors: gaming, mining and ranching.

However, in the last decade, we’ve seen an expansion into many other industries as well, with technology quickly becoming the most prevalent since Tesla relocated to our desert and began the trend of big tech companies building in our region.

Governor Sandoval to serve as grand marshal of Nevada Day parade

Gov. Brian Sandoval will lead this year’s Nevada Day parade as the grand marshal. “I’m overwhelmed, and I’m honored,” Sandoval said during an interview in his office. “Nevada Day is an important day to me. I love this state and appreciate this state. It’s given me everything I have.”

2018 Nevada Day Parade Entries and Divisions Line Up Locations

Following are all of the entries for the 2018 Nevada Day Parade, to take place on Saturday, Oct. 27 starting at 10 a.m. The parade starts at North Carson and William streets, and ends at South Carson and Stewart streets. There are 215 entries in this year's parade.


Entries line up on the following streets by division before the start of the parade:

Division 1 - Bath St

Division 2 - Adaline St

Division 3 - E Long St

Division 4 - W Long St

Division 5 - E Adams St

Division 7 - E Park St

Division 9 - Fleischmann way

Division 10 - E John St

Re-Elect Ron Knecht as Nevada Controller (Opinion)

Please indulge us as we ask you to re-elect Ron as Nevada Controller. If Ron wins, James also gets reappointed Deputy Controller.

Ron’s running on his record and qualifications. When we discuss below things we’ve done, it’s both of us, but also 39 other people in the office. We’re blessed with an outstanding team of professionals led by talented managers.

Nevada launches network to connect young adults with internships, apprenticeships

CARSON CITY — The Nevada Governor’s Office of Workforce Innovation officially launched a statewide work-based learning hub, LifeWorksNV.org, for young adults in high school, post-secondary or out of school to find internships, apprenticeships, and on-the-job training.

Carson City plugs into National Energy Efficiency Day this Friday

Carson City has joined a growing national network of municipalities, other government agencies, utilities, multiple companies, and clean energy advocates in highlighting the benefits of energy efficiency on Friday, Oct. 5, the third annual Energy Efficiency Day.

Poll finds Nevadans engaged in and supportive of arts

CARSON CITY — Three quarters of Nevada adults attended a cultural event in the past year and an equal percentage believe the arts improves the quality of life in their communities, according to the poll “Americans Speak Out About the Arts in 2018.”

American Flat remembered at Saturday film, photo show and lecture

Event Date: 
October 6, 2018 - 1:00pm

SILVER CITY, Nev. — There will be a free event called “Remembering American Flat” this Saturday on the Comstock. The event includes three parts – a screening of a new documentary that covers the history of the American Flat mill from its inception in the 1920s to its demolition in 2014; a short lecture about the unique qualities of the mill by consulting architectural historian and industrial archaeologist Ron Reno, PhD; and a pop-up show with locals’ rare photos of the site.

Governor Sandoval backs Nevada unemployment rate decrease recommendation

CARSON CITY — Gov. Brian Sandoval made the following statement Wednesday after the state’s Employment Security Council met and recommended a decrease in the unemployment insurance rate paid by employers in Nevada.

Northern Nevada Development Authority announces 2018 Pioneer Award winners

CARSON CITY — Northern Nevada Development Authority on Wednesday announced the winners of its annual Pioneer Awards. Showcasing the many success stories in the area, the Pioneer Awards highlight the strength and innovation of the Sierra Region economic ecosystem.

Nevada unemployment in August dips to 4.5 percent, lowest since July 2007

CARSON CITY — Nevada's unemployment rate decreased by another 0.1 percentage point in August 2018 to 4.5 percent, the lowest rate seen since July 2007, according figures released Wednesday by the state's Department of Employment, Training and Rehabilitation.

Column: No easy answers to housing crisis in Carson City, region

Housing should not be a privilege afforded only by those who can pay for it.

Shelter actually meets the physiological need for warmth as well as the emotional need for safety and security, per renowned American psychologist Abraham Maslow's Hierarchy of Needs pyramid.

Nevada Trucking Association recognizes drivers during National Truck Driver Appreciation Week

RENO — The Nevada Trucking Association, along with the Nevada Highway Patrol, California Highway Patrol and the entire trucking industry, is taking this week to honor the millions of professional truck drivers that deliver America’s freight safely and securely every day.

Nevada high school ACT scores improve in math, reading and English

CARSON CITY — For the first time since taking the ACT became a high school graduation requirement four years ago, Nevada’s average composite scores rose in math, reading, and English reflecting an increase in our combined score from 17.4 last year to 17.5 in 2018 and the College Ready benchmark increased one point from last year to 11 percent.

Nine years later: Carson City commitment addressing gangs and graffiti has positive results

With daily news reports of gang shootouts and knifings in cities all across America, I thought it would be good time to update our community on where Carson City stands when it comes to dealing with local gang issues. As we all know, growth brings challenges and sometimes those challenges include attracting those less than savory characters causing discomfort in an otherwise sedate and perceivably safe community.

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