Trying to get a short sale approved by Bank of America has been frustrating and agonizing for real estate agent Carol Clapp and her seller. The process has dragged out for nearly a year without a decision.
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Nevada ranked first in residential foreclosures started and second in delinquencies at the end of the first half of 2010, the Mortgage Bankers Association reported Thursday.
From the ashes of the Las Vegas housing market crash have risen a number of small, private homebuilders who scooped up leftovers from financially distressed national builders and turned them into profitable opportunities.
The percentage of single-family, owner-occupied homes in Clark County has been shrinking, an analysis of property records shows. Five years ago, 67 percent of single-family homes were owner-occupied. Presently, 60 percent of the 473,390 single-family homes in Clark County are owner-occupied.