Foreclosure sales accounted for 43 percent of all home sales in Nevada in the second quarter, tying Georgia for the highest percentage in the nation.
Nevada’s foreclosure rate is sixth in the nation after big drops in activity compared with last year. Among metro areas, Las Vegas is ranked 29th in the nation–with fewer foreclosures than at anytime in the past five years.
A handful of victims of a mortgage loan modification scam saw the sun shine a little brighter today.
Las Vegas home sales continued to decline in July, but prices inched up, according to the Greater Las Vegas Association of Realtors.
Las Vegas Mayor Carolyn G. Goodman and community stakeholders will engage in active dialogue on how to better educate the public on the resources currently available for home mortgage refinancing.
Romney negotiated a $10 million federal bailout for his company, but has called for foreclosures to be allowed to “hit bottom” and letting Detroit go bankrupt.
The Attorney General of Nevada has extended a deadline for Nevadans whose homes were in foreclosure in 2009 or 2010 to apply for a federal independent foreclosure review. The new date is September 30th.
For the first time in five years, banks have completed more short-sale transactions than foreclosures in the Las Vegas Valley.
Nevada is no longer the nation’s foreclosure capital.
Foreclosures are down in Las Vegas for the first three months of 2012.