Renters suffering as owners fail to meet Mortgage Payments
Posted in 8 on Mar 16th, 2008 No Comments »
What’s happening in Las Vegas is only a slightly exaggerated picture of the nationwide housing market.
About half of the 22,000 homes for sale in Las Vegas are sitting empty, most of them purchased by investors during the boom years of 2004 and 2005. Now that home values have dropped and adjustable-rate mortgages have reset, the […]