It really didn’t take a $40,000 study from the Sierra Club to determine that Las Vegas was overbuilt, putting a strain on natural resources. Just look at the vacant buildings.
Housing
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The federal tax credit for first-time and move-up homebuyers expires Friday, taking away a “crutch” that has propped up Las Vegas home sales since it was extended last year, a local housing analyst said Wednesday.
WASHINGTON — Buyers who were brave enough to dive into the market for a bargain-priced house helped provide a modest boost to sales last month.
CARSON CITY — About 340 lawyers have volunteered to serve as mediators to work with lenders to keep Nevadans from losing their homes to foreclosure, Nevada Chief Justice Jim Hardesty said Monday.
A chorus of almost 6,000 property owners have chanted the same mantra all month: Lower our taxes.
The upper echelon of income earners, once regarded as somewhat immune to general economic woes, is starting to feel the pain of living in a city with the nation’s highest foreclosure rate, local luxury home brokers said.
Blame it on a working-class inability to grasp very large numbers, but even today, a “million-dollar house” sounds like it would be a pretty impressive place to live.
