Latest news with #8NewsNow
Yahoo
18-07-2025
- Climate
- Yahoo
Flash flooding possible across Las Vegas valley as triple-digit temperatures begin to drop
LAS VEGAS (KLAS) – As triple-digit temperatures begin to decrease for the second half of the week, a flood watch in effect for the Las Vegas valley wrapped up Thursday night. However, chances for more rainfall are expected by Friday. The chances for storms that could bring flash flooding include the Las Vegas valley, Lincoln County, and Mohave County through 11 p.m. Rain, flooding cause closure near I-15, Primm A few pop-up showers were seen west of Mountain's Edge and near Mt. Charleston around 4 p.m. The northwest and east valley saw the most rainfall in the Las Vegas area. Over one inch of rain fell near Primm Thursday night, according to 8 News Now Meteorologist Tedd Florendo. 'With any of these storm chances, flooding is possible, because it could bring heavy rain along with the wind and, of course, vivid lightning,' 8 News Now Tedd Florendo said. RTC of Southern Nevada reported flooding around 5 p.m. along the I-15 northbound on-ramp and off-ramp near Primm, causing a full closure in the area. Flash Flood Warning for Primm and I-15 near Stateline until 8 p.m. due to flooding from over an inch of rain in 20 minutes. Portions of I-15 remain closed shortly after 5:30 p.m. A Flood Advisory for Primm, Jean, and Mountain Pass until 7:45 p.m. due to minor flooding in low-lying areas. Flood Watch for Clark, Lincoln, and Mohave County until 11 p.m. due to the threat of flash flooding from any thunderstorms. There are still more chances of severe storms and rainfall throughout the Las Vegas valley for Friday. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
08-07-2025
- Business
- Yahoo
Las Vegas residents sue state over ‘arbitrary decision' to put a $200M housing project in their neighborhood
Helping the homeless is a good thing – but residents of a suburban neighborhood in Las Vegas say there's been a lack of transparency and due process in a new project. I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it In 2023, Nevada lawmakers approved $100 million in funding for Campus for Hope, a $200 million housing project meant to address homelessness in the city. The rest of the money is being provided by a nonprofit backed by the gaming industry. The proposed site is the 6100 block of West Charleston Boulevard near Jones Boulevard, and two property owners who live about three blocks away have decided to fight it by filing a lawsuit. They say their quality of life, safety, and home values will be affected by the 'arbitrary decision' to place the facility in the current location. As 8 News Now reports, the suit, which was filed in Clark County District Court, alleges that state officials violated Nevada's Open Meeting Law by greenlighting the project without giving residents proper notice or allowing members of the public to comment on it. Last month, the governor even signed a bill to speed up construction of the project, says News 3. "Why are they trying to push this $200 million project so secretly into the neighborhood?' said homeowner Matthew Wambolt, one of the plaintiffs in the case, to 8 News Now. The plaintiffs argue the project creates an 'incurable defect' in the location and seek to halt it until independent studies are conducted on the potential impact of the facility. The plan is for Campus for Hope to be a 900-bed, 26-acre transitional housing facility. According to Nevada Current, the project will take up space on the Southern Nevada Adult Mental Health Services campus and there are fears that it will displace existing mental and behavioral health services. According to the lawsuit, the facility raises safety concerns since it is less than a mile from the Linda Smith and Christopher Smith Family Campus, which serves children and adults with intellectual disabilities, and within a 2-mile radius of over 20 schools serving K-12 students. 'This project will dramatically alter the fundamental character of our neighborhood, transforming our quiet residential area into one marked by significantly increased congestion, activity, and potential crime,' it says. 'Ultimately, we believe this project will substantially lower property values and negatively impact the quality of life for local residents." It also says that the approval process for Campus for Hope was not transparent enough. 'Given the secretive nature of project approvals, the deliberate avoidance of community engagement, and the removal of normal oversight mechanisms … there is a distinct appearance of impropriety in the actions and backroom collaboration of certain state legislators and their large donors within the gaming industry are at play here,' says the lawsuit. Read more: No millions? No problem. With as little as $10, here's of diversified assets usually only available to major players "I have a question for the governor. The Strip, the casinos are giving hundreds of millions of dollars for this project. You're going to move these people off the Strip to this area?' said homeowner Gail Johnson to 8 News Now. Campus for Hope said it has 'met all the state and local requirements for the construction of the facility,' in a statement to 8 News Now. Boyd Katz, who works for a security company in the area, told the news station that it's not that residents don't want to help the homeless, they simply believe the project needs proper oversight. "If we add a facility with that many beds here just like that it's going to severely affect that area … not just the commercial area, but the residential neighborhood nearby," he said. Another issue is who's paying for the project. 'Local municipal authorities claim alternative locations were considered but have repeatedly refused to disclose any addresses, evaluation criteria, or comparative assessments that justify selecting our community as the ideal site," James Root, one of the plaintiffs in the suit, wrote in an affidavit. "Our city alone bears the responsibility for an estimated annual $15 million in operating expenses." The Nevada Current reports once construction is complete, Campus for Hope will run on taxpayer dollars almost entirely, split between local governments and the state. It will be overseen by a board of directors that does not include state or municipal representatives. With a total estimated $30 million a year in operational costs, this project could also result in a hefty tax burden on residents. This tiny hot Costco item has skyrocketed 74% in price in under 2 years — but now the retail giant is restricting purchases. Here's how to buy the coveted asset in bulk Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Money doesn't have to be complicated — sign up for the free Moneywise newsletter for actionable finance tips and news you can use. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Yahoo
25-06-2025
- Climate
- Yahoo
Fire crews respond to blaze at Wetlands Park in east Las Vegas valley
LAS VEGAS (KLAS) — Just two weeks after a brush fire scorched parts of Wetlands Park, another fire was reported in the area Tuesday. The Clark County Fire Department responded to the fire in the Wetlands Park area just after 3 p.m. Brush fire sparks at Clark County Wetlands Park At this time, officials have not released details on how many acres were affected or the cause of the fire. This remains a developing story. Stay with 8 News Now for updates. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
14-06-2025
- Business
- Yahoo
18% of Las Vegas home deals fell through in April — but is it a sign the market is turning in buyers' favor?
Home buyers in Las Vegas are walking away from contracts in increasing numbers. High interest rates, financial anxiety and an oversupplied market are pushing many to rethink their purchases before closing. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) A recent Redfin report found 14.3% of U.S. homes under contract in April were canceled, marking the second-highest April cancellation rate on record, behind only the pandemic-era spike in April 2020. In Las Vegas, the rate was even higher: 18.6% of purchase agreements fell through, placing the city eighth among major U.S. metros for canceled deals. Here are two of the main reasons for the growing trend. Higher mortgage rates and skyrocketing home prices are driving many to the brink. The average 30-year fixed mortgage rate hit 6.85% in June, more than double what it was during pandemic lows. That kind of increase can add hundreds — even thousands — to monthly payments when taxes and insurance are included. 'Groceries have been high, gas has been high, utilities have been high,' said Jillian Batchelor, a Southern Nevada realtor, in an interview with 8 News Now. 'So buyers are more payment-conscious or payment-savvy than they really ever have been.' And with inflation still weighing on American households, some prospective buyers are having trouble securing final approval. Others are rethinking whether they can afford the total cost once they see the final numbers — including homeowners association (HOA) fees and insurance premiums. Redfin agents nationwide are also seeing buyers hesitate due to broader economic and political instability — including layoffs, tariffs and federal policy uncertainty. Another recent Redfin survey found that nearly 1 in 4 Americans scrapped plans for a major purchase this year due to tariffs. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it The housing market in Las Vegas is also experiencing a surge in listings. '[A] buyer goes under contract,' Batchelor told 8 News Now. 'And all of a sudden a week later they see, 'oh there's five more homes available in that neighborhood, this one might be nicer, this one might have more upgrades.'' With inventory now at a five-year high nationally, according to Redfin, this scenario is becoming increasingly common — especially in states like Nevada, Texas and Florida, where new home construction has surged. Buyers feel less pressure to settle, knowing there may be better deals just around the corner. That confidence is reshaping buyer behavior. According to Redfin's report, five of the 10 metros with the highest cancellation rates are in Florida — which is a sign that growing supply can tip the scales in favor of consumers. While Las Vegas may be an extreme case, the underlying issues — affordability and market saturation — are national in scope. From Riverside, California to Atlanta, Georgia (which led the country with a 20% contract cancellation rate), buyers are hitting the brakes. This shift may suggest that while the housing market may be cooling, affordability is still out of reach for many Americans. Still, Redfin economists predict some relief later in 2025, with home prices expected to drop modestly as demand softens. In the meantime, buyers are urged to do their research, stay flexible and be ready to walk if the numbers don't add up. As Batchelor put it, 'All of this is just an adjustment to probably (…) equalize the playing field — maybe a little bit more.' Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now This tiny hot Costco item has skyrocketed 74% in price in under 2 years — but now the retail giant is restricting purchases. Here's how to buy the coveted asset in bulk Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Like what you read? Join 200,000+ readers and get the best of Moneywise straight to your inbox every week. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Yahoo
14-06-2025
- Business
- Yahoo
Downtown Las Vegas businesses brace for weekend protests
LAS VEGAS (KLAS) — Marco Lopez, co-owner of Juice Stars, told 8 News Now his business was vandalized earlier this week during the Las Vegas protest downtown. Anti-ICE expletives were spray-painted on his storefront, and he spent nearly two hours cleaning it up. 'At first I was like 'ugh really,' but I came in, grabbed a razor blade, spray bottle, and just had to sit there and scrape slowly,' Lopez said. He is now preparing his business for the protests planned this weekend. 'I mean we're gonna prep as best we can, bring all our stuff inside, get stuff put away, possibly just take everything money-wise, valuable out of here,' said Lopez. The owner also plans to monitor the store's security cameras, since the business will be closed during those hours. Other employees working at downtown businesses, who wanted to remain anonymous, told 8 News Now they are taking precautions. Many did not want to be named out of fear of retribution. 'The company we partnered with next door had to lock up their doors just as a precaution and for extra safety as well,' a woman told 8 News Now. She explained although they hope things won't get out of hand over the weekend, they are prepared to close their doors if it does. 'To close up early would impact our sales obviously, but we just want to make sure everyone's safe out there, especially our employees,' she said. The downtown protest is expected to take place at the federal courthouse tomorrow from 5-7 p.m. According to a press release, it is meant to be 'peaceful protests against the Trump administration.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
