If you live in Las Vegas, you face pretty long odds on qualifying for a home loan. A new report shows nearly a third of all Americans can’t get a home loan due to bad credit, and local observers say the problem is substantially worse in Southern Nevada.
WASHINGTON — Don’t take the latest snapshot of U.S. home prices too seriously.
The Standard & Poor’s/Case-Shiller 20-city index released Tuesday ticked up in July from June. But the gain is merely temporary, analysts say. They see home values taking a dive in many major markets well into next year.