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Up a cobblestone path and behind the large, white double doors of a Mediterranean-inspired home in the Spanish Trail community sits a gleaming monument to when economic times were good in Las Vegas. The entrance of the home opens into a shining white interior, with pristine marble floors stretching in all directions, framed by 30-foot [...]
Freddie Mac’s corporate offices are seen in McLean, Va. Freddie Mac was bailed out in 2008 and is now owned by taxpayers. The company’s rules determine whether homeowners can get loans and on what terms. Freddie Mac, the taxpayer-owned mortgage giant, has placed multibillion-dollar bets that pay off if homeowners stay trapped in expensive mortgages with [...]
A panel of real estate analysts has offered another grim outlook of the Las Vegas Valley residential real estate market, which is proving attractive to cash-rich investors and home buyers who had been priced out of the market for years. Panel members said housing prices could return to 2002-03 levels within a decade, but only [...]
Las Vegas Property Investment An Overview Las Vegas is famous as the Gambling Capital of the world. This city of casinos and gambling parlous is one of the most exciting destinations in the world. Hence, it comes as no surprise that Las Vegas also has a very bustling real estate market. An increasing number of [...]
Signs of hope are emerging in the country’s real estate market. For the first time in three years, the number of people who are behind on their house payments went down. That drop means the number of people losing their homes may start to fall. The Greater Las Vegas Association of Realtors says a turnaround [...]
I am also one to believe we will survive the next wave of foreclosures. Banks may be releasing their inventory but just a trickle. They are not dumb, they are going to collect every dime they can and they will!! I do hope prices remain somewhat steady and affordable to help folks get into homes [...]