NEVADA FORECLOSURE STARTS INCREASING BUT STILL BELOW THE NUMBERS FROM A YEAR AGO

In Clark County, there were 1,115 notices of default,filed in January, up 13.5 percent from the prior month,but a dramatic 80% decrease from 5,695 in January 2011, an online service reported.

A total …

HOME BUILDERS OPTIMISTIC ABOUT RISING NEW HOME SALES IN 2012

The National Association of Home Builders/Wells Fargo said its Builder Sentiment index rose for a fifth straight month in February to 29, up from 25 in January, to its highest level since May 2007.

Builders have generally become more …

$27 MILLION WINDFALL FOR THE LAS VEGAS CONVENTION AND VISITORS AUTHORITY

With the economy showing signs of life and the tourist volume rising to near pre-recession levels,the Convention Authority will have to adjust its budget to account for a windfall.

The Authority is financed by a 12 to …

LAS VEGAS HOME PRICES EXPECTED TO KEEP DROPPING FOR THE NEXT 6 MONTHS AND RECOVERY WON'T COME UNTIL BANKS INCREASE FORECLOSURES

According to housing analyst Dennis Smith in his annual housing report.

"2012 in my opinion is going to be the most interesting year yet because of the governments intervention trying …

$25 BILLION MORTGAGE PACT GOES TO
STATES - THE NATION'S 5 LARGEST
MORTGAGE LENDERS HAVE AGREED TO
OVERHAUL THEIR INDUSTRY

However, those who lost their homes due to foreclosure are unlikely to get their homes back or benefit
financially from the settlement. About 750,000 Americans may receive checks for about $1,800 …

LAS VEGAS NAMED AMONG THE TOP 10
CITIES FOR "SCORING GREAT DEALS
AND SHOPPING BARGAINS"

Las Vegas ranked number 4 on a list of the "nation's best cities for bargain shopping."

The list published by Forbes says Las Vegas is one of the top cities because
it's metro area has 19 …

DIVERSIFYING NEVADA'S ECONOMY -
THE PROS AND CONS

Jeremy Aguero, a local analyst from Applied Analysis, spoke at the Four Seasons hotel before 200 members of the Nevada Development Authority.

In a state where 20 percent of the people
work in hotel-casinos, Nevadans should think
twice about overstating the need to overhaul …

LAS VEGAS GRADUALLY IMPROVING IT'S
STANDING IN THE GLOBAL AND NATIONAL
ECONOMY

A new Brookings Institute study ranking
the performance of the world's 200
largest metro areas, Las Vegas came in
at number 179 for 2010-2011, up from
it's 199 showing for recent years.

The improvement came …

NEVADA'S NEW FORECLOSURE RULES
APPEAR ON TRACK TO BRING A NEAR
COMPLETE HALT TO FORECLOSURES IN
THE STATE

Says Sean O'Toole, the Chief executive
of Foreclosure-Radar.

Foreclosure starts in Nevada dropped
significantly in December, along with
time to foreclose, which normally gets
extended during the holiday season.

In …