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Old 08-26-2015, 03:42 PM
 
Location: Henderson, NV
5,314 posts, read 7,785,752 times
Reputation: 3568

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Quote:
Originally Posted by TomKBL View Post
Link?
The highest, or one of the?
As usual, he has no idea what he is talking about. From a June 17, 2015 article (I'll see if I can find a more recent one)..

Among the nation’s 20 largest metropolitan statistical areas, 13 posted an annual increase in foreclosure activity in May, including Dallas (up 64 percent), St. Louis (up 56 percent), Baltimore (up 35 percent), New York (up 34 percent), Philadelphia (up 28 percent), Atlanta (up 27 percent), Detroit (up 27 percent), San Francisco (up 25 percent), Houston (up 18 percent), Miami (up 17 percent), and Seattle (up 10 percent from a year ago).

Of metro areas with a population of over 200,000, those with the highest foreclosure rates were Atlantic City, New Jersey (one in every 230 housing units with a foreclosure filing), Lakeland, Florida (one in every 331 housing units), Ocala, Florida (one in every 335 housing units), Miami, Florida (one in every 347 housing units) and Jacksonville, Florida (one in every 348 housing units).

Source: May 2015 U.S. Foreclosure Market Report | Newsroom and Media Center
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Old 08-26-2015, 03:44 PM
 
Location: Henderson, NV
5,314 posts, read 7,785,752 times
Reputation: 3568
Here's one from 6 days ago (same site).. Nevada is DOWN 11% in foreclosure starts..

Source: RealtyTrac July 2015 U.S. Foreclosure Market Report | Newsroom and Media Center
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Old 08-26-2015, 03:50 PM
 
Location: Portland, OR
635 posts, read 746,230 times
Reputation: 454
Yep here is an article from June 29, 2015...

Las Vegas ranked last in report on large cities

Las Vegas is ranked LAST in housing market health.
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Old 08-26-2015, 03:50 PM
 
28,803 posts, read 47,699,483 times
Reputation: 37905
There are posters on here that I skip when I see them. What they post has nothing to do with reality and everything to do with hating their lives and blaming it on where they live.
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Old 08-26-2015, 03:53 PM
 
171 posts, read 219,015 times
Reputation: 106
Got it! Thanks guys for the info!
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Old 08-26-2015, 03:54 PM
 
Location: Henderson, NV
5,314 posts, read 7,785,752 times
Reputation: 3568
Quote:
Originally Posted by LV10101 View Post
Yep here is an article from June 29, 2015...

Las Vegas ranked last in report on large cities

Las Vegas is ranked LAST in housing market health.
Your argument was that Las Vegas has the highest foreclosure rate. Your argument is 100% wrong. From "your" article:

"But a number of lingering problems remain, including high rates of foreclosures and upside-down borrowers."

Yes, there are a high rate of foreclosures (like most cities), however Las Vegas isn't even in the the top 10. And, as much as you'd like to proclaim your message of doom and gloom from the rooftops, the foreclosure rate is going DOWN (as cited above), and is actually on the list of top recovering cities.

Sorry.
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Old 08-26-2015, 03:55 PM
 
Location: Henderson, NV
5,314 posts, read 7,785,752 times
Reputation: 3568
Quote:
Originally Posted by Tek_Freek View Post
There are posters on here that I skip when I see them. What they post has nothing to do with reality and everything to do with hating their lives and blaming it on where they live.
Why cloud opinion and emotion with fact?
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Old 08-26-2015, 04:11 PM
 
12,973 posts, read 15,802,978 times
Reputation: 5478
Quote:
Originally Posted by LV10101 View Post
Yep here is an article from June 29, 2015...

Las Vegas ranked last in report on large cities

Las Vegas is ranked LAST in housing market health.
Junk analysis. Likely out of date. For instance current underwater is estimated at about 27.9% while they are using 39%. Probably at least year old data. Not sure what housing market health means.
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Old 08-26-2015, 04:13 PM
 
Location: Portland, OR
635 posts, read 746,230 times
Reputation: 454
Quote:
Originally Posted by Raiderman View Post
Your argument was that Las Vegas has the highest foreclosure rate. Your argument is 100% wrong. From "your" article:

"But a number of lingering problems remain, including high rates of foreclosures and upside-down borrowers."

Yes, there are a high rate of foreclosures (like most cities), however Las Vegas isn't even in the the top 10.f And, as much as you'd like to proclaim your message of doom and gloom from the rooftops, the foreclosure rate is going DOWN (as cited above), and is actually on the list of top recovering cities.

Sorry.
I may have been off but you are as well, Las Vegas is #4 in foreclosures.

No matter if it's #1 or #4 it is still not good. And as the article I posted stated it is LAST in housing health.
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Old 08-26-2015, 04:16 PM
 
Location: Portland, OR
635 posts, read 746,230 times
Reputation: 454
Interesting how local real estate agents are trying to make it sound better than reality. Yes continue telling people to purchase a home on a 30 year mortgage...what a great investment to purchase a home in Las Vegas.
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