Archive | Foreclosures RSS feed for this section

When will we hit bottom in Las Vegas?

In four years and 100,000 houses later. So says Larry Murphy, president of Las Vegas-based SalesTraq. He’s been tracking real estate recording in Clark County for 15 years, so he...

Should the banks have to follow the letter of the law to foreclose on your house?

Everyone has an opinion. Here’s mine. Everyone has to follow the rules. You have to make your mortgage payment. They have to follow the exact letter of the law before they make...

Las Vegas home prices below replacement cost but now not falling

Las Vegas home prices below replacement cost but now not falling

While a majority of Las Vegas homes are indeed selling below replacement cost (in my world that’s anything under $100 per square foot), the free fall in prices may indeed be...

Finding Home Bargains in Las Vegas

Finding Home Bargains in Las Vegas

For the 59th month in a row, Las Vegas was No. 1 in foreclosures, according to RealtyTrac. It’s hard to turn on the TV, read a newspaper (if you’re a certain age) or run a...