Monthly Archives: May 2011

May 31, 2011: In parts of North Las Vegas, more than 80% of homeowners owe more on their mortgages than their homes are worth. Staying is expensive, but many can’t afford to move. There are two kinds of behavior that … Continue reading →

ITS OFFICIAL DOUBLE DIP CONFIRMED May 31, 2011: According to S&P’s latest report, home prices in 12 cities covered by the index fell to their lowest levels of the current housing cycle: Atlanta, Charlotte, Chicago, Cleveland, Detroit, Las Vegas, Miami, … Continue reading →

May 30, 2011: 14.3 million: The number of homes vacant year-round as of the end of March 2011 How long will the housing market take to hit bottom? A lot depends on whether people will want to occupy millions of … Continue reading →

NO END IN SIGHT Both homeowners and renters are more cautiously optimistic during the first quarter of 2011 than in the fourth quarter of 2010, according to Fannie Mae’s latest national housing survey. However, they continue to lack confidence in … Continue reading →

THE VEGAS REAL ESTATE MARKET IS HEATING UP More investors are bullish about home prices in the coming year and are beginning to aggressively hunt for residential real estate investments in their own backyards, according to a new survey conducted … Continue reading →