2 Articles match "January","Nevada","News"

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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. 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. Those buyers are upside down now and are just walking away.” “The good news in all this is that now is good to time to bottom fish and buy in Arizona for a solidly financed individual,” 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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Housing glut gives foreclosure buyers and investors advantage
At the same time, Nevada sales plunged 36 percent, while Florida posted a decline of 31 percent. Housing starts tumble sharply New residential construction fell sharply in January, plunging 14.3 For real estate investors and home buyers, weakness in January construction means that builders will slash prices and offer incentives to motivate buyers into writing offers. Foreclosures surge upward The biggest news in residential real estate, however, seems to be foreclosures. Storm clouds are gathering over the nation’s battered housing market. Depending on whom you
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Housing glut gives foreclosure buyers and investors advantage
    At the same time, Nevada sales plunged 36 percent, while Florida posted a decline of 31 percent. Housing starts tumble sharply New residential construction fell sharply in January, plunging 14.3 For real estate investors and home buyers, weakness in January construction means that builders will slash prices and offer incentives to motivate buyers into writing offers. Foreclosures surge upward The biggest news in residential real estate, however, seems to be foreclosures. Storm clouds are gathering over the nation’s battered housing market. Depending on whom you
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • 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. 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. Those buyers are upside down now and are just walking away.” “The good news in all this is that now is good to time to bottom fish and buy in Arizona for a solidly financed individual,” 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
    READ MORE