Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Nevada > Las Vegas
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 09-09-2008, 10:17 AM
 
Location: Fort Worth and Las Vegas
255 posts, read 556,961 times
Reputation: 73

Advertisements

Wrong. try again.
Reply With Quote Quick reply to this message

 
Old 09-09-2008, 10:50 AM
 
Location: Las Vegas
3,728 posts, read 9,474,424 times
Reputation: 1323
It's from this website...actually a website pertaining to San Diego/Southern Cali foreclosures...

Bubble Market Inventory Tracking of the Foreclosure Market..

Foreclosure figures are listed first, pre-foreclosures are listed next.

Bubble Markets Inventory Tracking


Scroll halfway down the page... until you reach the heading:

Sunday, August 31, 2008
Tracking Foreclosures and Pre-Foreclosures
Reply With Quote Quick reply to this message
 
Old 09-09-2008, 11:06 AM
 
Location: Here and there, you decide.
12,908 posts, read 27,995,060 times
Reputation: 5057
wow, phoenix and los angeles are in trouble too..
Reply With Quote Quick reply to this message
 
Old 09-09-2008, 11:12 AM
 
Location: Las Vegas
3,728 posts, read 9,474,424 times
Reputation: 1323
So. California, Phoenix, L.A....hot investor markets
Reply With Quote Quick reply to this message
 
Old 09-09-2008, 11:18 AM
 
Location: Here and there, you decide.
12,908 posts, read 27,995,060 times
Reputation: 5057
i think the banks should forget the arm loans all together, the interest rate you are paying today should be able to be locked....
Reply With Quote Quick reply to this message
 
Old 09-09-2008, 12:17 PM
 
Location: Fort Worth and Las Vegas
255 posts, read 556,961 times
Reputation: 73
exactly. until that pig goes through the snake, there is no recovery
Reply With Quote Quick reply to this message
 
Old 09-09-2008, 05:24 PM
 
17 posts, read 39,248 times
Reputation: 10
Quote:
Originally Posted by airics View Post
i think the banks should forget the arm loans all together, the interest rate you are paying today should be able to be locked....

Are you suggesting that people should be able to lock in their teaser rates?
Reply With Quote Quick reply to this message
 
Old 09-09-2008, 09:07 PM
 
Location: Here and there, you decide.
12,908 posts, read 27,995,060 times
Reputation: 5057
no not a 2% rate... a realistic rate.
Reply With Quote Quick reply to this message
 
Old 09-09-2008, 09:18 PM
 
Location: NW Las Vegas - Lone Mountain
15,756 posts, read 38,204,096 times
Reputation: 2661
Pigs going. Coming out quicker than going in. Amazing market. Volume is high and price continues to drop.

Clearly going to maintain the high volumes into October...maybe longer.

From the trenches it is getting really hard to buy at the lower price points. You end up making 12 or 14 offers to get a house. One would expect upward pressure from the low end forcing the median up..But it is not happeing.

So what can you say? A very nice buyers market feed by the REPOs. If you are a seller...DON'T...wait a year. Rent if needed.

This can't continue and there may well be good things pretty quick after the Pig is mostly gone.

Then again the last time we saw light at the end of the tunnel it was a train.
Reply With Quote Quick reply to this message
 
Old 09-09-2008, 10:26 PM
 
17 posts, read 39,248 times
Reputation: 10
Quote:
Originally Posted by olecapt View Post

Clearly going to maintain the high volumes into October...maybe longer.

How do you think the Vegas housing market will be affected by the new housing bill, specifically, the lack of down payment assistance? I've read that as much as 80-90% of all recent loans were made with down-payment assistance.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Nevada > Las Vegas
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top