Possible Revision to AB284 Could Re-Open Floodgates of Foreclosures in Las Vegas
Thursday, April 04
Assembly Bill 300, introduced by Assemblyman Jason Frierson, D-Las Vegas, was introduced in March and seeks to change a pivotal definition that is part of Nevada Assembly Bill 284. AB284, which passed the legislature last year, was supposed to help protect homeowners from illegal foreclosur...
Las Vegas Land Prices Fuel Surging Housing Market
Monday, April 01
But is it a second bubble?The price for residential land in Las Vegas has risen 90% in only a year as new construction continues to feverishly attempt to capitalize on the demand for housing created by the slow down in foreclosures. According to an article in the Las Vegas Review Journal, S...
Real Estate Backed Investments on the Rise Again
Thursday, March 28
For several decades, owning real estate was considered one of the safest income plays available to investors. Investors appreciated the tangibility of owning an actual home on an actual piece of property. They appreciated that the variables associated with a real estate investment were muc...
Real Recovery for Las Vegas Real Estate?
Sunday, March 24
The sales numbers for Las Vegas real estate have been extremely promising over the last year and a half. But does this mean that a real recovery is underway? It might be too soon to tell. One thing we can be sure of, however, is that Las Vegas, previously known as the foreclosure capital ...
Helping the Housing Recovery - Part 2
Thursday, March 07
Today I present part two in my colleague Tamara Lemmon's series on helping the Housing Recovery as published first on foreclosure.com: "The second point of progress needed for recovery involves an influx of available capital. If the result of a moratorium on foreclosures is to stimulate the...
Helping the Housing Recovery - Part 1
Tuesday, March 05
My colleague Tamara Lemmon recently brought to my attention a piece she wrote for foreclosure.com outlining what must be done to accelerate the housing recovery. She has allowed me to share the article with you here on my blog: "Warren Buffet, in his annual letter to shareholders of Berkshi...