Posts with tag worst housing market

It is no secret that the national housing market has gotten even worse this year. With each passing month, it seems that most measures pointed to further weakening. Although there are a few exceptions at the state and local level, the wave of foreclosures is still so large that most markets cannot stage price recoveries.... Continue Reading »

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 »