Housing Market

Last month's report from Business Insider ranking Carson City No. 1 in the nation for best housing markets over the next five years, didn't particularly surprise Sandi Smith.Smith, a Realtor wit...

Job, jobs, jobs. We are told that is what we need to fix our ailing economy.

With an unemployment rate above 9 percent, we do need more jobs. But there's a better chance of getting Sarah Palin to pose naked for a PETA anti-fur ad than there is of getting any kind of job-creating bill through a Congress held hostage by deficit-obsessed Tea Party Republicans.

The Carson City Board of Supervisors this week will consider whether to hire a special deputy district attorney to represent the public works department after a construction firm contracted to do $1.9 million in work has claimed overriding costs of $1.7 million.

I received a call from the Builders Association of Western Nevada this afternoon about a big property tax increase the Carson City Board of Supervisors is going to vote on tomorrow.

The funny thing is, I read through the agenda last week and didn't see it. But it was easy to miss. It is number 15 on the agenda, and the language used gives very little clue as to what it is (the document is attached below).

Carl Kuhl, a state Parole and Probation employee of six years, has created a plan that he claims will eliminate Nevada's budget deficit within two years.

In a news release issued on Tuesday, Kuhl said his plan not only will reduce the budget deficit but also help repair Nevada's economy at the same time. It is a pretty big claim, he admits, coming from an Accounting Assistant I, an entry level position.

By Sean Whaley / Nevada News Bureau
CARSON CITY – A panel of private sector fiscal experts today projected the Nevada state general fund will have about $5.3 billion in tax revenues to spend on government services for the next two years.
The Nevada Economic Forum spent the day making projections for gaming, sales, business and other major tax revenues for use by Gov.-elect Brian Sandoval and the Legislature in crafting a balanced budget for the two years beginning July 1, 2011.

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While just about every major metropolitan area of the country is seeing a gradual rebounding of their housing market, Las Vegas is still trending downward….

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Nevada’s “economic engine,” Las Vegas is still reeling from horrible weaknesses in the housing market. And there’s no let up in sight.

WASHINGTON (AP) - The U.S. housing market is finally on the mend after its most far-reaching collapse in 70 years. That could help rebuild consumer confidence and revive the economy.