1 Articles match "Citi","Nevada","Short Sales"
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High-End Foreclosures Rising Among Top Tier Homes
Defaulting on Desert Dream Homes No state has been hit harder by the foreclosure crisis than Nevada. Sin City had the third highest foreclosure rate in the nation among the top 100 metropolitan areas, according to RealtyTrac. In January, properties entering some stage of foreclosure in Las Vegas outnumbered the sales of new and existing homes for the first time, according to a comparison of RealtyTrac foreclosure data and sales data. High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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MORE
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High-End Foreclosures Rising Among Top Tier Homes
Defaulting on Desert Dream Homes No state has been hit harder by the foreclosure crisis than Nevada. Sin City had the third highest foreclosure rate in the nation among the top 100 metropolitan areas, according to RealtyTrac. In January, properties entering some stage of foreclosure in Las Vegas outnumbered the sales of new and existing homes for the first time, according to a comparison of RealtyTrac foreclosure data and sales data. High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing.
www.realtytrac.com
- Tuesday, February 3, 2009