nevada: Southern Nevada - Las Vegas, Henderson, Summerlin - housing stats on the mend in October - 11/10/09 04:47 PM
Las Vegas real estate has recently been the punching bag of many industry observers and for a good reason. Mortgage foreclosure rate here is still reaching for the moon, housing inventory remains high and the economic picture is painted in dark colors. True, mortgage rates are enticing and home prices have plunged … (10 comments)
|
nevada: Southern Highlands - Las Vegas NV - mortgage recipients have new foreclosure defense weapon - 11/07/09 10:25 PM
Southern Nevada - with communities of Henderson, Anthem, Summerlin, Green Valley, Silverado Ranch and Mountains Edge - is in the very eye of the tornado when it comes to real estate markets sucked into its furious spin. Home loan foreclosures here are now as commonly talked about as the weather. Many … (4 comments)
|
nevada: Las Vegas mortgage defaults increasingly strategic - mortgage walkaways rise among wealthy - 11/03/09 05:12 PM
The real estate market has been cruel, to be perfectly honest, to homeowners across the country. Housing values in many cities and regions have dropped so far and fast that it's sometimes hard to keep track of it all. Much less understand how the utter devastation is possible. But that is … (8 comments)
|
nevada: Las Vegas real estate values rise thanks to Washington - 10/26/09 07:00 PM
Housing prices have been in a free fall in most sectors of the nation for a long while, much longer than any real estate expert had predicted. When mortgage financing is hard to come by and supply far outpaces demand that's usually what will follow. The weak economy is also a major … (6 comments)
|
nevada: Las Vegas short sales can sting homeowners later on - 10/15/09 04:02 PM
Mortgage banks have been pushed between the rock and the hard place in today's reeling real estate market. They are trying to make the right moves to keep their bleeding books from totally blowing up during this perfect storm as more and more home loans go bad. To deal with that, … (8 comments)
|
nevada: Las Vegas real estate numbers show small improvements in September - 10/10/09 06:36 PM
Southern Nevada - accommodating communities like Anthem, Summerlin, Henderson, Mountains Edge, North Las Vegas, Southern Highlands and Pahrump - resale housing segment took a cautious step forward in September, after going the other way in August. A curious trend might be developing, actually so predicted by some industry experts, where the … (6 comments)
|
nevada: Las Vegas mortgage lenders to dissect MGM Mirage's CityCenter price rollbacks - 10/06/09 05:33 PM
The real estate market blowup hasn't spared any segments from its fury here in Southern Nevada - including Henderson, Anthem, Mountains Edge, Southern Highlands, Summerlin and North Las Vegas. Condominiums have been spanked as harshly as the single-family houses. Luxury high-rise condos on the Strip and elsewhere in the vast valley, thought … (6 comments)
|
nevada: Mortgage lenders now more inclined to lower principal - 10/03/09 06:47 PM
The home loan industry has been steadily resisting giving homeowners any principal reduction breaks throughout this real estate inferno.The government has been all over it to do mortgage modifications at a reasonable clip in an effort to keep the foreclosure epidemic from getting out of control. The banks have been slow … (62 comments)
|
nevada: International real estate buyers shying away from U.S. - 09/17/09 10:09 PM
When mortgage financing was still widely available here a few years ago and housing prices kept on racking up steady gains year after year, the foreign purchaser often thought he'd found the ultimate in property ownership. Heck, many Americans thought so, too. Then things on Wall Street and in Washington got … (10 comments)
|
nevada: CityCenter Las Vegas earns LEED certifications - 09/15/09 01:17 PM
MGM Mirage's CityCenter project going up right on the Las Vegas Strip received some very good news from the U.S. Green Building Council. The mammoth upscale undertaking won't open until December, but an otherwise tough year for the gaming firm is finally showing a peek of the sunny side of things … (8 comments)
|
nevada: Southern Nevada existing housing stats down a bit in August - 09/10/09 06:13 PM
Las Vegas valley - with communities of Green Valley, Summerlin, Henderson, North Las Vegas and Sunrise Manor - real estate market eased up some as the summer progressed, actually to no surprise. July was already somewhat weaker than the several previous months that had been increasingly strong. Mortgage rates remain very … (4 comments)
|
nevada: Housing may not pull the economy out of the fire this time - 09/01/09 04:05 PM
Residential real estate plays a large role in U.S. economy. Recessions are an inevitable experience in a market economy like ours. They come and go. Historically housing has been the engine that has usually generated the necessary momentum to pull the country back onto a path of solid growth. This time, … (6 comments)
|
nevada: Southern Nevada mortgage challenge in the making - 08/30/09 06:11 PM
Las Vegas real estate market has undoubtedly seen better days. Anyone who knows something about the timely topic is well aware of that. Now there is an altogether new, bizarre twist to the notion.
National Association of Home Builders, or NAHB, convention comes to Southern Nevada every January to showcase the … (4 comments)
|
nevada: Las Vegas real estate among most affordable again - 08/27/09 01:12 PM
Southern Nevada - like Green Valley, Summerlin, Henderson, Spring Valley and Eldorado - was rapidly pricing itself out of the housing market a few years ago. The recent unforgettable boom pushed home values way past the average household income, forcing many to buy property with flexible mortgages that they really couldn't … (12 comments)
|
nevada: National Clean Energy Summit 2.0 to be held in Las Vegas - 07/30/09 11:31 PM
Center for American Progress Action Fund, U.S. Senate Majority Leader Harry Reid, D-NV, and University of Nevada, Las Vegas are the hosts for this one-day gathering here in Southern Nevada. It's set for Monday, August 10, 2009, starting at 10:00 AM at UNLV's Cox Pavilion. Click here for more info.
National … (2 comments)
|
nevada: Homebuyer tax credit may be expanded - 07/24/09 11:43 PM
Las Vegas housing market alone would be a big beneficiary if it did happen. Southern Nevada has already seen solid gains this year in sales thanks in large part to the first-time buyer tax credit of $8,000. This incentive is set to come to an end December 1.
NAR, or National … (6 comments)
|
nevada: HARP, or Home Affordable Refinance Program, limit goes up to 125% loan-to-value - 07/22/09 10:26 PM
Relief Refinance Mortgage by Freddie Mac falls under this banner. It's now official that the previous limit of 105% has been pushed up to 125% loan-to-value, or LTV, something that Washington had been tossing around for a bit. "This is a change that will put affordable refinancing opportunities within reach of … (4 comments)
|
nevada: FHA mortgage coming on strong in Las Vegas - 07/14/09 04:11 PM
FHA barely had any market share in Southern Nevada a few years ago because the conventional product was generally offering home loans with better terms. And then comes the mother of all housing slumps that manhandles the conventional mortgage segment and gives FHA another chance to show what it can do. And … (2 comments)
|
nevada: Southern Nevada existing home sales jump in June - 07/10/09 09:32 PM
Las Vegas housing market is gradually changing for the better. The key word is gradually. There have been subtle hints about it in the past few months and more are trickling in.
As stated by GLVAR, the Greater Las Vegas Association of Realtors, a total of 3,785 single-family homes were … (2 comments)
|
nevada: CityCenter Las Vegas weak condo values trouble some buyers - 07/07/09 04:44 PM
It was expected. Southern Nevada housing market has been buffeted by gale-force winds, brought to its knees by rampant overbuilding, unchecked speculation, foreclosed mortgages and weakened economy. That includes the luxury high-rise condominium segment that was once flying as high as the International Space Station. As predicted, prices in condos have … (2 comments)
|
;)
;)
