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Vegas Housing bubble

Vegas Housing bubble

http://vegasbubble.com

Opinionated Local and National Real Estate and Economic Discussions concerning Las Vegas and the nation

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  • OOPS- WRONG HOUSE ! SORRY!

    Posted on Monday December 21st, 2009 at 22:39 in las vegas real estate

    Yikes!   http://www.lasvegasnow.com/Global/story.asp?S=11710384# LAS VEGAS — A Las Vegas woman says she was the victim of a horrible mistake that left her with an empty condominium and a lot of questions. Nilly Mauck lived in her condominiu...

  • Trustee Sales figures for November – Las Vegas

    Posted on Monday December 21st, 2009 at 14:03 in las vegas real estate

    The Current trend of Banks “LOOKING THE OTHER WAY” at the delinquent homeowners in Las Vegas Continues and is in fact increasing: Sold to 3rd Party -483(4%)  Cancelled -2724 (24%) Postponed -6796 (60%) Sold to Bank -1355(12%) To...

  • High End Cracking – Big Time!

    Posted on Thursday December 17th, 2009 at 17:24 in national real estate

    The Default Rate for homes with mortgages over 1 million is twice the amount of Median priced homes in the United States.  It is now triple what it was at the same time last year!!!!! http://www.bloomberg.com/apps/news?pid=20601206&sid=aQED_96QB...

  • Real estate analysts predict continued gloom for Las Vegas

    Posted on Tuesday December 15th, 2009 at 22:42 in las vegas real estate

    looks like they are finally getting the picture: A cloud of foreclosures will hang over Las Vegas for at least a couple more years and median prices will continue to fall in 2010, most likely by double digits, executives from two California-based rea...

  • Vegas and the art of the news spin

    Posted on Tuesday December 15th, 2009 at 17:59 in las vegas real estate

    It is always a fun thing to see when a same economic report release can gather completely different headlines from different reporting agencies.  Its all the art of the spin.  Some news companies will spin the news to make it sound good while a com...

  • In the Eye of the Storm

    Posted on Friday December 11th, 2009 at 15:39 in las vegas real estate

    In a typical Hurricane- about 2/3 of the damage occurs before the eye of the storm passes over. When this eye passes over the previous stormy destruction comes to a temporary halt.  The winds will soften to a calm and often the sun will dimly shine ...

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