Las Vegas Home Prices Rising

Home prices in Las Vegas have been rising. But will they continue to rise? We feel that the main reason they have been rising is due to the shortage of available foreclosure houses in the Las Vegas and Henderson Real Estate market, caused by the Governments Nevada Assembly Bill 284.

Because of this Bill the Banks have practically stopped processing REO’s over the last 6-7 months. If and when the banks start the foreclosure process in Las Vegas again we feel the prices will probably remain flat or dip.

Here is some more insight on Vegas home prices. By Steve Green

Las Vegas-area home prices should continue increasing through the end of the year, a real estate data tracking firm reported Tuesday.

After struggling during the recession with steep price declines, the Las Vegas area saw prices increase 4.7 percent from the first quarter of this year through the second quarter, Clear Capital reported.

The Truckee, Calif., firm said Las Vegas-area prices are expected to rise 9.3 percent by the end of the year.

That ranks Las Vegas ………………………………… Click here to Continue Reading

Are Rent-to-Own home programs here for the long run?

We believe that rent to own and lease option home programs will become even more popular as every day passes. Leasing with the option to purchase the home is not a new real estate strategy, in fact it is one of the oldest creative real estate acquisition strategies. Lease Purchasing aka Rent to own home ownership has its benefits and potental pitfalls. To Avoid the common problems with rent to own check out this article.

Rent-to-own home programs; the phenom emerged onto the scene roughly a decade ago. The question is: Are these programs a bubble trend or have they become a mainstay?

The current housing market is doing no one any favors. Owners are watching the value of their property being sent to basement figures, but employment market and static wages are keeping prospective buyers away. This has all resulted in a desperate search for alternatives that will allow an owner to eventually sell the house and another person the chance to eventually buy it.

Rent to own leases were once used to………………. Read more:

By Jared Diamond: http://www.digitaljournal.com/article/328910#ixzz21AkegdKc

Federal Independent Foreclosure Reviews

The Foreclosure Review Application deadline is fast approaching. Are you eligible for compensation or other foreclosure relief because of errors or paperwork problems during the foreclosure process in Nevada?

 The deadline  to apply for a federal independent foreclosure review is July 31 2012. Read the whole story Here