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Vegas home prices still in free fall

February 25, 2011

Homes in Las Vegas, on average, have lost more than half their value since 2006. They now sell for less than they did in 2000. The city had a record-high 14.9 percent unemployment rate in December. It also led the nation in foreclosures last year. Three out of every four sales in southern Nevada are [...]

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Future not looking too good for the middle class

December 27, 2010

#1 In 2009, total wages, median wages, and average wages all declined in the United States. #2 Since the year 2000, we have lost 10% of our middle class jobs. In the year 2000 there were about 72 million middle class jobs in the United States but to

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Las Vegas home sales down 22.9% in November: MDA DataQuick

December 27, 2010

Home sales in the Las Vegas region continued to fall in November as investors and first-time homebuyers dominated the market. A total of 3,693 new and resale houses and condos sold in the Las Vegas metropolitan area in November, down 6.8% from Octob

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Bank of America in Court Again

December 27, 2010

The attorneys general of both Nevada and Arizona have recently instituted yet another legal action. Last Friday (17th December 2010), they filed a lawsuit against lending giant Bank of America alleging both “widespread fraud” and “false promises” reg

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November 2010 foreclosures drop in Las Vegas – but still high

December 27, 2010

By Buck Wargo (contact) Wednesday, Dec. 15, 2010 | 9 p.m. Foreclosure filings in Las Vegas and the rest of Nevada dropped significantly in November but continue to outpace the same month last year by more than 20 percent. California-based RealtyTra

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