Home Prices Expected to Fall 30 Percent Before 2010
According to Moody’s Economy.com housing prices across the US are expected to fall more than thirty percent before it recovers.
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Archive for the 'Nevada' Category (Chronologically Listed)
Foreclosure Numbers Released
RealityTrac, an independent company that tracks foreclosures in 100 different major cities, released its numbers today and the outlook doesn’t look good.
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Posted by Ryan Fiore on Nov 15 2007 under Arizona, California, Colorado, Florida, Foreclosure, Indiana, Michigan, Nevada, Ohio, Texas
Slashing Prices
Las Vegas the home of sin was once one of the hottest real estate markets in the US. However, builders are now having to cut their prices to encourage people to purchase their homes.
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Posted by Ryan Fiore on Oct 05 2007 under Housing Market, Nevada
Nevada Mortgage Defaults Blamed on Investors
The drumbeat of bad news on residential mortgages continued last week as the Mortgage Bankers Association reported that new foreclosures and past-due loan numbers increased in the Nevada housing market during the quarter ending June 30.
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Posted by Jed Moss on Sep 11 2007 under Nevada
Single-Family Home Inventory Rises Again in Nevada
Slow home sales and declining prices haven’t stopped owners from putting their properties up for sale in the Las Vegas housing market.
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Posted by Jed Moss on Aug 10 2007 under Nevada
Inventory of Single-Family Homes Sets Record in Nevada
The inventory of single-family homes available for sale in the Las Vegas housing market climbed to a record 23,642 in June, topping the previous peak of 23,474 in October, the Greater Las Vegas Association of Realtors reported Monday.
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Posted by Jed Moss on Jul 13 2007 under Nevada
Nevada Mortgage Activity Remains Stalled
The number of homes listed for sale in the Southern Nevada housing market topped 23,000 in May, just shy of the record 23,474 single-family homes for sales in October, the Greater Las Vegas Association of Realtors reported last week.
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Posted by Jed Moss on Jun 10 2007 under Nevada
Flippers Flailing as Housing Market Keeps Falling
In the rampant real estate speculation in Las Vegas three years ago, people lined up outside Pulte Homes offices overnight as if they were waiting for the release of the latest video game console or concert tickets.
Posted by Richard Barber on Apr 29 2007 under Investing in Real Estate, Nevada
Nevada Home Prices Rise, Sales Slow
The median price for an existing single-family home rose modestly in the Nevada housing market, but sales dropped during the first quarter, according to a report obtained Wednesday by the Reno Gazette-Journal.
Posted by Jed Moss on Apr 27 2007 under Nevada
Attention, Nevada Mortgage Borrowers: Plenty of Las Vegas Homes to Choose From
The number of single-family homes, condominiums and townhouses for sale in Las Vegas rose for the third straight month, the Greater Las Vegas Association of Realtors reported Thursday.
Posted by Jed Moss on Apr 12 2007 under Nevada