Foreclosures double in Las Vegas from a year ago

Smith, Hubble
August 2008
Las Vegas Business Press (10712186);8/11/2008, Vol. 25 Issue 32, p17
The article reports on the increase in foreclosures in Las Vegas, Nevada in the first half of 2008, according to experts in the housing industry. Nearly half a million homes went into foreclosure in the first half of the year, the article notes. 1,266 new foreclosures were posted in July in Southern Nevada, which increased 61.9 percent from 782 in the same month in 2007. Foreclosures reached a record 13,548 homes for the last 12 months to July.


Related Articles

  • A Profile of the Mortgage Crisis in a Low-and-Moderate-Income Community. Fisher, Lynn M.; Lambie-Hanson, Lauren; Willen, Paul S. // Research Review;Jul-Dec2010, Issue 14, p12 

    The article examines the effects of the foreclosure crisis upon one hard-hit community in Chelsea, Massachusetts. The study shows that average house price has increased between 2000 and 2005 due to the disallowing of distressed sales. Moreover, the large accumulation of bank-owned properties has...

  • HOME IS WHERE HEARTACHE IS.  // Las Vegas Business Press (10712186);9/27/2010, Vol. 27 Issue 39, pP6 

    The article looks at the state of the housing industry in Las Vegas, Nevada. It reports on the housing crisis in Las Vegas, as the city continues to lead the nation in foreclosures and has ranked second in mortgage delinquency. It reveals that 80 percent of homeowners with mortgages in Las Vegas...

  • Housing group sets ad campaign.  // Long Island Business News (7/1993 to 5/2009);09/22/2000, Vol. 47 Issue 38, p7B 

    Reports on the Long Island Housing Partnership's launching of a foreclosure prevention program. Education of homeowners who are having problems with mortgage payments.

  • Illinois Announces Two Rounds of Counseling Funding to Protect Homeowners.  // Pratt's Mortgage Compliance Letter;Dec2012, Vol. 12 Issue 12, p8 

    The article reports that the Illinois Housing Development Authority (IHDA) will make two new rounds of funding available to allow community-based organizations provide housing counseling to more families to protect their homes from foreclosure.

  • One list where we're happy not be at the top.  // Inside Tucson Business;4/27/2009, Vol. 18 Issue 48, p5 

    The article provides information on the foreclosure condition in Tucson, Arizona. Accordingly, the highest foreclosure rates have been cited in the four states of the U.S. including Arizona, California and Florida. However, Tucson was not included in the four states' cities having the highest...

  • Where To Buy Home Foreclosures, Besides Florida. DONNA HOWELL // Investors Business Daily;12/31/2014, p00 

    Las Vegas, Central California and Florida are the places where distressed homes are selling the most, as lenders work through their remaining backlog of trouble.

  • Homeowners out in the Cold. Nguyen, Tram // Progressive;Nov2010, Vol. 74 Issue 11, p23 

    The article discusses many issues related to the housing and mortgage crisis in the U.S. It is stated that Contra Costa County of California has been badly hit by housing crisis. The area has seen a 290 percent increase in foreclosures. Highly impacted cities like Richmond and Antioch, have...

  • Foreclosures rose steadily in 2005.  // Mortgage Banking;Mar2006, Vol. 66 Issue 6, p11 

    The article reports on the steady increase of the number of homes entering the foreclosure process on a national basis throughout 2005 in the U.S. Florida, Colorado and Utah posted the highest foreclosure rates. 846,982 properties nationwide entered some stage of foreclosure with a 25 percent...

  • Fort Worth, Arlington foreclosure rates up in July. Howe, Aleshia // Fort Worth Business Press;9/14/2009, Vol. 25 Issue 33, p4 

    The article discusses a spike in Fort Worth-Arlington foreclosure rates, reported by First American CoreLogic. The foreclosure rate for July 2009 is 1.1 percent, which is .3 percent higher than the July 2008 rate. The 4.6 mortgage delinquency rate for July 2009 is 1.3 percent higher than the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics