The housing woes of America’s families extend beyond higher mortgage payments to include large increases in a wide variety of other housing expenses, according to a report published Wednesday by the Center for Housing Policy.
Housing
Martin-Harris Construction is building the first phase of Desert Blue, a 19-story, 281-room time share project by Wyndham Hotels and Resorts on Twain Avenue, west of Interstate 15.
16 Meridian owners have sued the property’s developer and operator, alleging fraud, conspiracy and wrongful taking of furniture and funds.
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.
Sales of existing homes in the West climbed higher in August from a year ago, bucking a national trend as buyers snatched up sharply discounted foreclosed properties in Nevada, California and Arizona, according to two reports Wednesday.
The Las Vegas housing market is “moving along” and eating through excess inventory of foreclosures, which now account for about 80 percent of resales, a local housing analyst said Monday.
As a poker dealer at The Orleans, John Hill talks to players almost every day who have come to Las Vegas from faraway states and foreign countries.
Troy Kearns struggled when he moved to Las Vegas two years ago and started his new job as a real estate agent. He was accustomed to a six-figure salary selling radio advertising in Seattle.
Creditors have forced the 63-unit Onyx condominium project on Duke Ellington Way into involuntary Chapter 11 bankruptcy.
Foreclosure filings in August, with Nevada leading the nation, increased 27 percent compared to the same month a year ago, a significantly slower pace than in previous months, according to data released Thursday.