Housing
Your No. 1 source for Las Vegas housing and real estate news.
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.
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.
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.
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.
