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Reno’s Housing Puzzle: Supply Squeeze, Data Center Boom | Reno News
Reno’s housing market bucks the regional trend, holding steady with modest growth while Phoenix, Denver, and Austin slump—thanks to a crippling lack of new construction. Federal land, mountain barriers, and scarce private lots have throttled development, slashing building permits and housing authorizations. Yet homes sell fast, often at full price, with cash buyers dominating—a sign of tight demand. While California migration slows, industrial demand—especially from data centers needing workers and power—is fueling the market. Developers are betting big, snapping up hundreds of lots in bulk…
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