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Default notices on homes in Clark County dip in June

Default notices filed against Clark County homeowners dropped 18 percent in June, while homes taken back by the bank fell by 8.8 percent, ForeclosureRadar.com reported.

Masto has no regrets about robo-signing law’s effect on foreclosures, short sales

Nevada Attorney General Catherine Cortez Masto said she has no regrets about passing the robo-signing law that has virtually brought foreclosure filings to a standstill in the state. She said banks are using the law as a “scapegoat,” allowing people to live in their homes for free.

Zillow rates Las Vegas among top home sellers’ markets

While home prices remain depressed in Las Vegas, the metropolitan area is the nation’s No. 3 seller’s market, according to Zillow.com’s ranking of buyer’s and seller’s markets. Home sellers are thriving in San Jose, Calif.; San Francisco, and Las Vegas, where price cuts are uncommon and homes often sell at or near their asking price.

Downturn hurt Latino, African-American households harder, analysts say

Latino households suffered greater loss of wealth during the economic downturn than their white counterparts, housing analysts said at the National Council of La Raza annual conference at Mandalay Bay. In the past three years, Latinos have lost two-thirds of their wealth, compared with 16 percent for whites.