Newt Gingrich, a sleeper candidate in the Republican race for the presidential nomination, is quietly offering the prescription for foreclosures that Nevadans appear to be clamoring for — renegotiation of mortgages.
Las Vegas home values slid in August to a new post-recession low — and to levels last seen in October 1998 — in a widely-watched real estate report released today. The report found values fell 0.3 percent Las Vegas from July to August.
A foreclosure-riddled neighborhood in east Las Vegas was a fitting backdrop for President Barack Obama to discuss his plan to help some of the nation’s homeowners who have been financially decimated by the real estate crisis.
LAS VEGAS — President Barack Obama offered mortgage relief on Monday to hundreds of thousands of Americans, his latest attempt to ease the economic and political fallout of a housing crisis that has bedeviled him as he seeks a second term.
A 36-year-old Las Vegas man has been arrested in an “opportunistic” property scam in which he is accused of renting out homes he didn’t own, Attorney General Catherine Cortez Masto said Friday.
A seventh person pleaded guilty Friday in connection with an alleged scheme to fraudulently control homeowners’ associations. Mary Ann Watts, 64, pleaded guilty to one count of conspiracy to commit mail and wire fraud, federal authorities said.
Early this week, Mitt Romney, in town for the Republican presidential debate, had this to say to Las Vegas residents who have thrown their money into the black hole of the real estate market: Tough luck.
When the Republican presidential field debated economic policy in New Hampshire last week, the word “foreclosure” was uttered once. One time. That’s unlikely to change when the GOP presidential candidates debate Tuesday in Las Vegas.
More than 6 million Americans are behind on their mortgage payments or facing foreclosure. Housing prices have continued to drop, and many neighborhoods across the U.S. are filled with foreclosed homes.
With unemployment running at 14.2 percent locally, it’s no surprise the Las Vegas housing market continues to lead the nation in the latest foreclosure rankings. Foreclosure tracker RealtyTrac on Wednesday night released its national data for the just-concluded third quarter.
A Las Vegas-area homeowners association is being sued after its collection agency demanded payment of some $629,000 in delinquent HOA assessments and legal fees levied against a developer's vacant lots.
Brokers say the beleaguered Las Vegas-area office space market may be stabilizing after three years of declines, but retail vacancies remain at record levels amid a glut of empty shop buildings.
