Posted by Bonnie Henson // October 20, 2015
Just a few years ago, there were so many homes in active foreclosure that many were sure that Las Vegas would never be able to bounce back, but today that number is less than 300. Market trends are seeing some change in the downward trajectory, however, as foreclosures have went up in the area recently. […]
Posted by Bonnie Henson // September 22, 2015
Real estate featuring existing homes saw a bit of a stall last year. Investors began pulling out and sellers were overpricing their homes, thinking that their value was much more than reality. Signs are pointing to positive news in the first half of 2015, however. Cheaper borrowing costs and an influx of borrowers who were […]
Posted by Bonnie Henson // September 15, 2015
Even with a decision from the Nevada Supreme Court, it didn’t really answer many questions that realtors, owners, and buyers had. The September ruling gave homeowner associations the power to wipe out a mortgage through foreclosure if dues to the association are left unpaid. This could have long time repercussions for the housing market in […]
Posted by Bonnie Henson // August 18, 2015
The housing market in Las Vegas and the surrounding area is much stronger than it was just after the economy collapsed. However, there are still issues that need to be resolved. In fact, a new report from WalletHub has analyzed the market and it was found to be the unhealthiest market in the United States. […]
Posted by Bonnie Henson // July 28, 2015
At the spring Las Vegas Housing Outlook, a panel of observers said that they believe that the housing market in Southern Nevada will make some decent gains in the next 18 months. In the first part of 2015, housing indicators, such as home closings and construction permits, stayed at the same level or even increased. […]
Posted by Bonnie Henson // July 7, 2015
A ruling that could harm the recovering housing market is on the horizon. A Nevada Supreme Court decision could give homeowners associations too much power to foreclose on homes over unpaid HOA dues. The bill, AB 359, has not been heard yet, but David Gardner, Republican Assemblyman, said that it should be up for discussion […]
Posted by Bonnie Henson // June 2, 2015
While being underwater on your home loan doesn’t always mean that you are going to lose your home to foreclosure, if you live in Nevada, the chances are that you will. In Nevada, the rate of foreclosure is still comparatively high and in over half of these cases, it is due to the fact that […]
Posted by Bonnie Henson // March 18, 2015
A surge in Las Vegas foreclosures and seizures has made many wonder whether this is a negative sign or just a movement to a more balanced state.
Posted by Bonnie Henson // March 10, 2015
The surge in the Las Vegas foreclosure rate may have caused some worry, but it may just be part of the market moving to a more natural balance.
Posted by Bonnie Henson // February 18, 2015
Most bank-owned homes are not in good shape. They have been damaged by either the past owner or by vandals and will need a lot of work to get ready to live in or to sell. You would think that this means that you would get a huge price break, but that has not been […]