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August 2008 Las Vegas Bank Repo Update
Just a couple quick notes on the current state of Las Vegas repossessions for August. A national analytics company , First American CoreLogic reports that ” The Q3 2008 Core Mortgage Risk Index (CMRI) has risen 12% above a year ago and increased for eleven of the last twelve quarters. The CMRI—which forecasts delinquency risk—is [...]
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Featured Real Estate Articles
Las Vegas is selling single family homes a little faster than we did in July. The number of contingent SFR ...
Yes, there is chaos on Wall Street. Yes, it will no doubt affect the national economy. The relevant question for this ...
A Glass Half Full Looks Like This
Here is the updated July 1 to July 31 2008 Single Family Closings graph including all the late postings by ...
Frothing Developer on Fox News
If you haven't yet been over to The Frothing Developer's website, www.frothingdeveloper.com, then you're missing a wonderful angle & unique ...
Las Vegas Real Estate News
Las Vegas Real Estate - A Buyer’s Perspective Las Vegas real estate experts discuss real estate timing with Jim Vander Mey, an accountant from Washington State. Jim explains why he feels it is a good time to buy a home in Southern Nevada.
Thanks to local Las Vegas real estate professionals Steve Hawks and Kedall Trotter for once again providing in depth coverage [...]
Las Vegas Real Estate Video
Las Vegas Real Estate Update-FHA Assistance-RIP Kendall Trotter and Steve Hawks discuss the repercussions of the elimination of FHA down payment assistance programs. Homeowners and home buyers know these programs as Nehemiah,Ameridream etc. HUD officials said approximately 33% of FHA loans used down payment assistance,and these loans caused “substantial losses.” The agency has asserted that borrowers of down payment assistance-style loans [...]
Las Vegas Condos
Las Vegas Condos Summer 2008 Sales from ———-Las Vegas High Rise Condo Blog Your #1 source by Makea Turner
Today I though I would put together a few graphs that illustrate the sales at Panorama Towers 1&2, The Signature At MGM, & Turnberry Place, which by the way were the top 3 selling developments for the summer of 08. As you can [...]
Las Vegas Mortgage
Mortgage Fraud Sweep Nets Hundreds Thanks to the Associated Press for supplying this YouTube video.
Hundreds have been swept up across the nation for mortgage fraud & other fraudulent activity related to the mortgage industry. Even two Bear Stearns Hegde Fund managers were cuffed up & led on a mid-day perp walk after investigations revealed that they were aware of [...]