As of November foreclosure rates had dropped in Las Vegas as well as the rest of Nevada.
It raises the question as to weather or not this will continue or if it is just a temporary thing.
Quote:
California-based RealtyTrac reported that foreclosure filings in Nevada dropped by double digits for the second consecutive month. The 9,295 filings in November were 33 percent fewer than October, in which filings were 26 percent below September.
November’s filings were also 33 percent below November 2008.
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Hopefully this is what is going to continue to be an upsweep in the current housing trend. Vegas is a great city and many who live the would surely like to continue to do so.
12-17-2009, 04:29 AM
Foreclosure rate drops.
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