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Nevada Fifth in Foreclosures Nationwide

Even though foreclosures and short sales in Las Vegas have slowed dramatically, the city is still one of the hardest hit in the country. Nevada is still fifth in foreclosure filings in the nation behind Florida, New Jersey, Maryland and … Continue reading

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Hope for Realistic Prices in the High Ranked Las Vegas Foreclosure Market

The Las Vegas area is being hit particularly hard by the subprime mortgage crisis. The highest foreclosure rate in the country is in Nevada. Foreclosure in the metro area is consistently one of the top five worse in the nation. … Continue reading

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Las Vegas Foreclosure Home information, Foreclosures in LV & Henderson

Many people believe lenders that pursue the foreclosure of homes go against the morals concerning borrower’s rights. Although this may be true, it happens all the time. Fortunately, the nation is making a genuine attempt to reduce the amount of foreclosures happening across the United States, and thus we see less foreclosure homes in Las Vegas. Continue reading

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A New Housing Boom

Evidence of a recovering housing market has been easy to spot. Some economists believe that this recovery will be slow and steady, while others believe it might turn into another housing boom. If the rebound in the housing market is prominent it could have a ripple effect and help other areas of the economy. An increase in the housing market could also increase employment rates, because it provides jobs to many. Continue reading

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JPMorgan Turns in Record Profit, Higher Revenue

JP Morgan Chase bank announced a record quarterly profit on Friday, which was helped by a surge in mortgage refinancing. Revenue for the bank rose 6 percent, and revenue for the mortgage loans shot up 29 percent. Low interest rates and help from the government convinced many homeowners to refinance instead of buying new homes. Continue reading

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