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Category Archives: Real Estate News
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: Still a Place to Get Great Deals on Foreclosures
According to CNN Money, many investors are pulling out of once highly desirable cities like Phoenix and our own Las Vegas for less competitive and cheaper locales. What this means for the smart investor is to diversify and go to … Continue reading
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Tagged buy Las Vegas foreclosures, foreclosures, foreclosures in Las Vegas, Las Vegas foreclosure inventory
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Foreclosures May be on the Rise
With the Mortgage Forgiveness Debt Relief Act expiring, the likelihood of banks foreclosing on properties has increased meaning foreclosures may be on the rise in 2014. Throughout 2012 and into 2013, short sales steadily declined –which was in part due … Continue reading
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Tagged buy Las Vegas foreclosures, foreclosures in Las Vegas, foreclosures on the rise, Las Vegas foreclosure
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States May Start Fast Tracking Foreclosures
Even though the foreclosure market in Las Vegas and Henderson has dropped significantly, there are still homes: vacant and occupied that needs to move through the process. Here in Nevada foreclosures can happen faster than in other states but there … Continue reading
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Tagged buy Las Vegas foreclosures, foreclosures, Las Vegas foreclosure
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Las Vegas Foreclosure Inventory Down
Foreclosure inventory in Las Vegas and Nevada as a whole is down. As of January Nevada was in the middle of the rankings compared to the rest of the 50 states. Accordingly, this means that the housing market seems to … Continue reading
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Tagged buy Las Vegas foreclosures, foreclosures in Las Vegas, Las Vegas foreclosure, Las Vegas foreclosure inventory
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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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Tagged dual tracking, SB 321, Senate Bill 321
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Nevada Maintains Second Highest In Foreclosures
A plan was introduced to North Las Vegas city council members to use eminent domain to seize underwater mortgages and foreclosures. This was an attempt to boost the city’s housing market. This proposal had never been tried in the U.S. so council members were skeptical but agreed to learn more about it. Continue reading to review the full story. Continue reading
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Mortgage Defaults on the Rise Setting an Alarm Trend
In the fourth quarter of 2011, mortgage defaults in America have significantly increased sending an alarm trend throughout the nation. Check out this article we found explaining this serious situation. Continue reading
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Tight Supply Limits Sales of High-Rise Condos in Las Vegas
As posted by the Las Vegas review journal in November of 2012, the sales of high rise condos declined significantly in the third quarter due to low supply. Continue reading below the posted story. Continue reading
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