The effects of the huge hike in foreclosures in Nevada have had a profound effect on normal neighborhoods across this State. To travel through vandalized, desolate and down trodden residential areas in and around Las Vegas was not possible 15 months ago but the economic recession has changed all that.
In response to the foreclosure [...]

Clearly Las Vegas is famous for its gaming industry and the bulk of the economy in the area relies on tourism, conventions and gaming. Some of the world’s largest and most glamorous hotels are located on the Las Vegas Strip and many have thousands of rooms. This tourism in turn increases the demands [...]

For Nevada, the recently announced Neighborhood Stabilization Package is seen as the Great White Hope. The Federal Government initiative to combat foreclosures is allocating $4 billion to the cause, and $72 million of that money will be directed towards efforts in reducing the number of foreclosures in the State of Nevada.
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Henderson has often been quoted as one of the top 100 places in the United States to live, in fact it finished 20th in the ‘Money’ magazine listings in 2006. It is one of America’s favorite places to visit for walkers, with over 37 miles of trails in and around the city; the gently [...]

The whole world is feeling the effects of the global economic downturn, and many are now labeling this as a confirmed recession. In response the national government has declared that it will provide $4 billion dollars nationwide in an attempt to alleviate the crisis. It appears that Nevada will be on the receiving [...]

Lyon County’s median income is low at only around $43,000, which compared to the extremes of Manhattan (at $100,000) really demonstrates the kind of living and employment standards that can be expected in this tiny county. Lyon County’s population is growing fast, changing trends that may have seemed traditional in the past.
Many people used [...]

The number of repossessions and foreclosure filings rose dramatically last month across Washoe County, in line with the fallout from the national housing and debt crisis. The rate across the county is lower than the state rate of 1 in 91 households filing foreclosures, but more than twice the national rate of 1 in [...]

Nevada is on the list to be a recipient of the federal government’s recently announced Neighborhood Stabilization Package. The slice allocated to Nevada will be $72 million as part of the overall $4 billion amount. This will be aimed at reducing the number of foreclosures that are on the market; but sadly it [...]