Home prices in Las Vegas have dropped by over 22 percent in the last 12 months. Each and every month it seems there are more banks taking back properties through the foreclosure process in Las Vegas. That means there are hundreds of people who will have a foreclosure on their credit report which will have [...]
Lets face it, the real estate market has changes and many of you got caught with high mortgage payments and now have a house that you can not sell, or can you. When the real estate market slows, the demand for houses goes down and appreciation stops. The majority of home buyers wait on the [...]
When needing to sell a home many people want to know the least expensive way to sell their house and if they can possibly sell it at no cost. Well the answer is yes, but there is only one way. When selling a home there are typically three ways to sell, FSBO, with a real [...]
Given the recent decline in the real estate market many home owners are wondering how their homes value is holding up and how it has been affected. Now days there are great ways to tell your homes value but you have to know which ones you can trust, which ones are accurate, and which ones [...]
The 2008 first quarter results are in and they do not look good. Foreclosures are up 23 percent from the first quarter in 2007. This marks record foreclosures across the nation. Now one in every 195 house holds is in some sate of foreclosure. We are only four months into the year and already over [...]
It is happening again. Every three to five years the real estate market goes through another cycle and pessimism creeps into many. When the market is going down is it mostly caused by demand for new houses falling. The continuation in falling housing prices changes the psychology of home buyers so they stop buying. This [...]
Now that the foreclosure epidemic is in full swing, it is not just home owners who are getting slapped in the face. Hundreds of tenants renting homes across the nation are being evicted and forced to move with little or short notice from the banks. The renters have no idea the homes they are living [...]