Oct 18th 2011 4:40PM
When it comes to the housing crisis, it's not what the GOP candidates have said but what they're not saying. The housing and foreclosure crisis has been pretty much invisible in the presidential race, playing stepchild to the issue of what to do about all those unemployed people and the pesky fact that nobody is... Continue Reading »
Apr 14th 2011 4:35PM
The vast numbers of foreclosures that have flooded the market since the recession took hold have finally started to subside – but a full-blown recovery may still be far in the distant future. Foreclosure filings in the first quarter have dropped below early 2008 levels, according to a report released Thursday by... Continue Reading »
Jan 7th 2011 2:27PM
If you're laying odds on when the Las Vegas real estate market will recover, prepare to wait a long time to collect. According to a recent report, it will be decades before Las Vegas home prices rebound -- the year 2032 to be exact, says Celia Chen, housing market analyst for Moody's Analytics. And Las Vegas isn't even in... Continue Reading »
Jul 28th 2010 4:16PM
Once viewed as a suburban promised land, Nevada is now something of an economic desert. The state's unemployment rate skyrocketed to 14.2 percent in June, more than any other state. Around 6 percent of Nevada's homes fell into foreclosure in the first 6 months of the year. But while Nevada's problems are more severe than... Continue Reading »
Jul 28th 2010 2:11PM
Spring certainly sprang this year when it came to residential real estate values. For the second month in a row, home prices increased from April to May. The S&P/Case-Shiller 20-City index showed on Tuesday that 19 out of the 20 cities it tracks registered price gains for May, including Minneapolis (2.8 percent) and... Continue Reading »
