An article, "Cities with Dangerously Falling Home Prices" by Forbes cited 15.2% drop in NV's home prices and expects another 5% drop, but NV still remains the "foreclosure capital." Ingo Winzer,founder and president of Local Market Monitor, "cautions though that a bottom in housing in no way translates to a speedy price recovery. Rather he expects prices to hover at these lower levels for years." They list the top five cities where housing prices are still falling; LV, NV is one of them.
Cities With Dangerously Falling Home Prices
By Morgan Brennan, Forbes.com
December 8, 2011
If you're interested in reading this article.
principles101 1 month ago
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An article, "Cities with Dangerously Falling Home Prices" by Forbes cited 15.2% drop in NV's home prices and expects another 5% drop, but NV still remains the "foreclosure capital." Ingo Winzer,founder and president of Local Market Monitor, "cautions though that a bottom in housing in no way translates to a speedy price recovery. Rather he expects prices to hover at these lower levels for years." They list the top five cities where housing prices are still falling; LV, NV is one of them.
principles101 1 month ago
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principles101 1 month ago