Local home foreclosures increase 25.9 percent in February

Smith, Hubble
March 2009
Las Vegas Business Press (10712186);3/23/2009, Vol. 26 Issue 12, pP22
This article reports on the increase in home foreclosures in Las Vegas, Nevada in February 2009, according to Foreclosures.com. The rising unemployment level poses a threat to the problem, says Foreclosures.com President Alexis McGee. She points out that positive signs in the last quarter of 2008 and January failed to boost the market in spite of efforts to stem foreclosures by the government and banks. Other states with big preforeclosure figures are Florida, California, and Arizona.


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