Real Estate News Las Vegas
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What Recovery? Home Prices May Hit Roadblock Soon - TheStreet

The recent growth in US home prices may hit a roadblock in the coming months, thanks to a new supply of distressed properties hitting the market.
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The Top 8 Foreclosures by Zip Code

The Top 8 Foreclosures by Zip Code | Real Estate News Las Vegas | Scoop.it
The battered Southern Nevada housing market that produced record home foreclosure rates did damage throughout the valley but the zip code that continues to suffer most is 89031 in North Las Vegas.
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Why Low Rates Aren't Reviving Housing (BAC, BZH, HOV, PHM, WFC)

The Motley Fool - There's only so much cheap money can do.
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Should I Do a “Short Sale” if I’ll File Bankruptcy?

Should I Do a “Short Sale” if I’ll File Bankruptcy? | Real Estate News Las Vegas | Scoop.it
Maryland Bankruptcy Attorney Brett Weiss talks about why short sales rarely make sense if you’ll be filing for bankruptcy.
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Zillow: 40% of homes are underwater

Zillow: 40% of homes are underwater | Real Estate News Las Vegas | Scoop.it
About 40 percent of those who own a home in the Twin Cities owe more than their house is worth, but most are making their mortgage payments on time...
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Shadow Inventory: 46 Months to Clear Distressed Housing Supply

Shadow Inventory: 46 Months to Clear Distressed Housing Supply | Real Estate News Las Vegas | Scoop.it
It will take 46 months to clear the market’s supply of distressed homes, or the shadow inventory, according to estimates from Standard & Poor’s Rating Services based on first-quarter 2012 data.
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Wells Fargo Settles U.S. Allegations of Home-Loan Bias

Wells Fargo Settles U.S. Allegations of Home-Loan Bias | Real Estate News Las Vegas | Scoop.it
Wells Fargo & Co., the largest U.S.
mortgage lender, will pay $125 million and set up a $50 million
assistance fund to settle U.S. allegations that it discriminated
against minority borrowers.
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BofA sells $10.4 billion in mortgage servicing rights to Nationstar | HousingWire

BofA sells $10.4 billion in mortgage servicing rights to Nationstar | HousingWire | Real Estate News Las Vegas | Scoop.it
Nationstar continues to grow its mortgage servicing portfolio as many firms look to exit the business. The portfolio is made up of Fannie Mae and Freddie Mac mortgages and are expected to transfer to the Texas servicer in July.
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10 best cities to buy short sale homes

10 best cities to buy short sale homes | Real Estate News Las Vegas | Scoop.it
Foreclosures are tough: Homeowners lose their houses and ruin their credit, while banks get stuck with vacant, deteriorating real estate for months before selling it at a considerable loss. Increasingly, banks are finding another way: the short sale.
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City of North Las Vegas may declare state of emergency - www.ktnv.com

City of North Las Vegas may declare state of emergency - www.ktnv.com | Real Estate News Las Vegas | Scoop.it
North Las Vegas may consider declaring a state of emergency in order to fix its financial woes.
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Mortgage rates hit all-time lows (again) | HousingWire

Mortgage rates hit all-time lows (again) | HousingWire | Real Estate News Las Vegas | Scoop.it
Fixed-rate mortgages hit new all-time lows for the third-straight week, with the 30-year FRM submerging below 3.80% following declining long-term Treasury bond yields.
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