[Tek_Freek]

Originally Posted by MediocreButArrogant

I'm going to guess that is disincentivizes the bank from moving the sale along. They've already got your money.

True. Why move quickly when you're making money from it while it sits in your bank?

[ddrhazy]

http://www.unlv.edu/sites/default/fi...Apt_2014Q4.pdf

[007 license to sell]

Here is a break down on what analysts predict 2015 will be for the Vegas housing market as well as Vega's economy compared to 2014.

After a busy 2014, what’s in store for Las Vegas real estate?
Click link below to view:
After a busy 2014, what

[aardogfsu]

Originally Posted by MediocreButArrogant

I'm going to guess that is disincentivizes the bank from moving the sale along. They've already got your money.

exactly...they're loaning out your money for a tenth of a percent return...why rush to end that good deal?

[ND_Irish]

Las Vegas home market endures sluggish month - VEGAS INC

[ND_Irish]

GLVAR reports local home prices up 8 percent for year | Greater Las Vegas Association of Realtors

[007 license to sell]

It looks like we might see more bank owned properties hitting the market. Check out the recent article on banks stepping up foreclosures again.

Click link below to view.

Lenders are back to putting squeeze on delinquent ...

You may not have heard of Zombie foreclosures, most are where the home owner was given notice of foreclosure and moved out of the home and unfortunately for the unknowing home owner doesn't know that the bank didn't follow through. So the homes have been sitting empty and the owner still owes any back taxes or hoa's.

Imagine to the surprise of the home owner when they find out yrs later that they still own the home.

It looks like banks are finally starting to foreclose, my guess is because the hoa's have been foreclosing on the properties causing issues with the banks holding the notes and the new owners.

I wanted to share the article below with you, I think you will find it informative.

1 in 4 Foreclosures Are 'Zombies'Even in the aftermath of the foreclosure crisis, the housing industry isstill haunted by "zombie" properties lingering in the foreclosurepipeline.Click link below to view: http://enews.realtor.org/a/tBU2RVHB8f3M-B8-PbqAAEizdc8/rmo5

[SportyandMisty]

Originally Posted by airics

if you had 200k what can you buy? here, a 1800sf home in a decent spot, but small land size; cleveland… 1800sf home with larger piece of land..

where would you rather live?

Yeah, but you don't voluntarily live in Cleveland unless you're in the Witness Protection Program.

[aardogfsu]

Originally Posted by SportyandMisty

Yeah, but you don't voluntarily live in Cleveland unless you're in the Witness Protection Program.

Right! Like comparing Detroit to San Diego.

[airics]

Point I was trying to make was for the same money or close, you get more here..minus a yard of course... but property taxes are double to triple in Cleveland.