Henderson homeowner Bruce Clemmer said he came home to a 120-day foreclosure notice on his door the week after a story about his frustrating loan modification experience with Merrill Lynch was published in the March 13 Las Vegas Review-Journal.
Housing
Foreclosure activity slowed significantly across the West in February with filings down in Nevada, Arizona, California, Oregon and Washington, the foreclosure listing service ForeclosureRadar reported today.
The promise of palm tree groves and low-priced real estate lured Alan and Katherine Ackerly across the Rocky Mountains from Denver to Nevada in 2004, where thousands of new houses beckoned brightly as any neon sign.
The Las Vegas apartment vacancy rate decreased to 9.6 percent in February from 9.9 percent the previous month, CB Richard Ellis reported.
WASHINGTON — Roughly two-thirds of homeowners in Nevada with a mortgage had negative home equity, the worst in the country, data released Tuesday by housing data firm CoreLogic show.
Donna Webster has an unabashed description of many distressed properties she finds in Las Vegas for her investor clients, typically homes that have been thoroughly trashed out of anger and despair before owners surrendered them to the bank.
