While home prices continue to increase across the state and mortgage rates remain elevated, the state of Nevada’s luxury home market is on the rise. Back from a pullback on construction in 2022, the number of luxury homes built and sold has only gone up. From Lake Tahoe and Reno down to the Las Vegas Valley, brokers and builders alike are having a busy … [Read more...] about Brick by Brick
Features
Speedy TrialsJustice Delayed … Evil Encouraged
The wisdom of King Solomon pierces through the ages with unrelenting clarity: “Because sentence against an evil work is not executed speedily, therefore the heart of the sons of men is fully set in them to do evil.” (Ecclesiastes 8:11) This verse reveals a critical truth about human nature and the importance of swift justice in curbing societal decay. When wrongdoing is not … [Read more...] about Speedy Trials
Power Poll 2025A Wild Ride into the Future
The Power Poll, annual since 2003, presents a broad view of Nevada economics, healthcare, education, leadership and issues that affect Nevada businesses from the perspective of those business owners themselves. This year's poll was conducted from (mid-February to mid-March). The majority of responses came from business owners (65 percent) with the remaining 35 percent from … [Read more...] about Power Poll 2025
Industry FocusSports
Professional sports have had a tremendous impact on Nevada in a short time. The industry has shifted the economy, created thousands of jobs and enhanced tourism, not to mention the impact to the community at large. In essence, Nevada has leveled up. Once known as simply the entertainment capital of the world, the Silver State can now proudly add sport’s capital of the world to … [Read more...] about Industry Focus
Nevada Business Awards 2025
Nevada State Bank is proud to be the presenting sponsor of the 2025 Nevada Business Awards, joining business leaders across the state to recognize and celebrate the accomplishments of outstanding local companies. Each business being honored today is unique, with its own history, set of challenges to overcome, and list of victories over those challenges. However, successful … [Read more...] about Nevada Business Awards 2025
Overview of Investments in Nevada
Investing is a balancing act between risk and reward in the best of times, but today’s uncertain economic climate and fluctuating markets present an unprecedented challenge for investors. While some people choose to stay with traditional options like money market funds and government bonds, others are taking on more risk with hard-money lending and alternative … [Read more...] about Overview of Investments in Nevada
Planes, Buses, and Infamous Orange ConesA Transportation Update for the State of Nevada
Across the state, an orange traffic cone is colloquially considered Nevada’s “state flower.” It may seem like every road, empty lot, and public building is under construction – probably because they often are. According to the U.S. Census, Nevada’s population has grown every year since 2010, with huge spikes in the last two years, making it the … [Read more...] about Planes, Buses, and Infamous Orange Cones
Want Economic StabilityReturn to the Gold Standard
For over half a century, the United States has operated on a purely fiat currency system, a monetary structure not anchored to any tangible standard, reliant solely on public confidence. Since President Nixon severed the dollar’s ties to gold in 1971, our economy has been subject to cycles of inflation, unchecked government spending, and the devaluation of our purchasing power. … [Read more...] about Want Economic Stability
Human and Financial CostsA Look at Healthcare in Nevada
Professionals in Nevada's healthcare industry are optimistic about the quality of care and future of the industry. According to Forbes, Nevada ranks sixth in the U.S. for least expensive healthcare. The Kaiser Family Foundation ranks Nevada third in the U.S. for the lowest healthcare expenditure per capita. The problem is, there simply isn't enough healthcare—or healthcare … [Read more...] about Human and Financial Costs
Industry FocusBrokers
Political uncertainty, limited inventory and land, and extensive red tape are only some of the challenges facing the commercial real estate industry. Added to that is the looming concern of brokers becoming obsolete due to AI and an upcoming workforce that demands higher salaries without showing up to the office. The commercial real estate industry has never been a career for … [Read more...] about Industry Focus
City of VisionHow Henderson Became the Gold Standard
Henderson doesn’t hesitate. We don’t just sit and wait for opportunities to come to us, hoping for the best. We have a clear vision for the future we want to create and confidently pursue it. That drive is in our DNA, with a long line of far-sighted leaders who have steered us to this point. And some say it is our destiny – after all, President John F. Kennedy dubbed … [Read more...] about City of Vision
Philanthropy UpdateFacing Challenges Together
Philanthropy can be defined in many ways, but in its simplest form, it’s people helping people. In Nevada, businesses play a vital role in supporting the nonprofits that provide goods and services to those most in need. “Corporations are a critical part of the ecosystem of philanthropy,” said Kim Young, CEO of Children’s Cabinet. “Corporations have the voice and the ability … [Read more...] about Philanthropy Update
Shifting Supply and DemandIndustrial Real Estate in Nevada
At the height of the pandemic, industrial real estate was at a premium. With everyone everywhere buying everything online, warehouses, distribution systems and logistics centers were in high demand. So was land zoned for industrial use and infill spaces that could be converted. Simultaneously, the demand for office space reduced as remote work replaced commuting to the office. … [Read more...] about Shifting Supply and Demand
Attorney General Aaron FordPolitical Misdirection?
Nevada Attorney General Aaron Ford, who appears to have his sights set on the Governor’s seat, continues to make decisions that seem more about advancing his political ambitions than serving the people of Nevada. His move to involve Nevada in the lawsuit against Elon Musk and the Department of Government Efficiency (DOGE) raises serious concerns about whether this is about … [Read more...] about Attorney General Aaron Ford
Hollywood 2.0What’s Ahead for Nevada’s Film Industry?
Nevada locales have been featured in movies for many years – from the Landmark implosion in "Mars Attacks", to the Reno Arch in "Sister Act" and Lake Tahoe as the final resting place of Fredo Corleone in "The Godfather, Part II". Television shows like "Reno 911" and the original "CSI" series are set in Nevada, but most of what viewers see on the screen has actually … [Read more...] about Hollywood 2.0