Thursday, April 12 2012 10:40 AM EDT2012-04-12 14:40:11 GMT
After 62 consecutive months of posting the nation's highest foreclosure rate Nevada slipped to number two in March behind Arizona but only by an eyelash, the website RealtyTrac.com reported Wednesday night. More>>
Struggling homeowners are meeting Friday and Saturday with lenders at Cashman Center, hoping to find solutions for people in the nation's hardest-hit state when it comes to housing.More>>
The meltdown in the housing market has focused media, public, and government attention on those who lost - be it a job, a home, or savings accounts. However, not everyone was a loser during the crisis.More>>
Saturday, November 5 2011 10:01 AM EDT2011-11-05 14:01:23 GMT
Nevada still leads the nation in foreclosures, but an interesting trend is happening. The foreclosure filings have suddenly dropped. While it may look like good news on the outside, experts say it probably won't last. More>>
Thursday, October 27 2011 7:16 PM EDT2011-10-27 23:16:23 GMT
Metro police say rental scams are on the rise and what makes it difficult to stop is that the fraud can come from many different directions. Inside, links to help you avoid getting caught in a rental scam.More>>
Wednesday, August 31 2011 12:52 PM EDT2011-08-31 16:52:32 GMT
Nevada's attorney general wants a federal judge in a big mortgage fraud case to set aside an earlier consent judgment so the state can sue Countrywide Financial Corp. and Bank of America for consumer fraud.More>>
The office of Nevada Senator Harry Reid will host a home foreclosure prevention workshop on from 10 a.m. to 4 p.m. Saturday in Las Vegas at Consumer Credit Counseling Services, 2650 S. Jones.More>>
Saturday, July 30 2011 12:48 AM EDT2011-07-30 04:48:40 GMT
Help can often seem out of reach for the tens of thousands of Nevada homeowners underwater in their mortgages. But despite growing pains, the state's Foreclosure Mediation program is making strides to get the banks and homeowners on the same page.More>>
Tuesday, May 24 2011 6:44 PM EDT2011-05-24 22:44:45 GMT
One in every 97 homes in Clark County receives a foreclosure notice. It's a desperate time for homeowners who want to get help from their banks and save their homes. Wells Fargo is holding a home preservation workshop this week.More>>
A group of housing organizations are banding together to host a foreclosure workshop. Residents facing foreclosure can receive help during a Home Rescue Fair at the Palace Station.More>>
Tuesday, March 15 2011 7:13 PM EDT2011-03-15 23:13:15 GMT
Nevada's building boom over the last decade has ended in a record number of empty homes. Newly released Census data shows nearly 168,000 empty houses in the state last year, more than double the number in 2000.More>>
Monday, February 21 2011 7:54 PM EST2011-02-22 00:54:03 GMT
One local home builder says the market for high-end homes is improving. Ground was broken at luxury building site in Henderson last week. Some of the homes will sell for as much as $3 million.More>>
Thursday, February 17 2011 6:42 PM EST2011-02-17 23:42:55 GMT
A neighborhood in the northwest part of the Las Vegas valley is getting millions of dollars from the federal government to rehabilitate abandoned and foreclosed homes.More>>
Thursday, February 17 2011 1:38 AM EST2011-02-17 06:38:37 GMT
The Nevada Attorney General's Office has received a financial boost from the federal government to punish people who scam Nevada homeowners. The U.S. Department of Justice recently awarded a huge grant to state investigators who pursue criminals behind mortgage fraud.More>>
Tuesday, February 8 2011 7:11 PM EST2011-02-09 00:11:46 GMT
The Department of Housing and Urban Development or HUD has hundreds of homes for sale in the Las Vegas valley market and the homes are in neighborhoods including Summerlin, Rhodes Ranch and Mountain's Edge.More>>
Friday, January 28 2011 6:41 PM EST2011-01-28 23:41:33 GMT
Over the past few years, the prices of homes took a nose dive in Nevada. In Clark County, thousands of people are appealing their latest property tax assessments. Those hearings took place Friday at the Clark County Government Center.More>>
Thursday, January 27 2011 7:45 PM EST2011-01-28 00:45:01 GMT
Drive down any residential block in Las Vegas and you will probably find a foreclosed home. Many of those former homeowners say they didn't know where to get help or who to trust.More>>
Tuesday, January 25 2011 1:26 PM EST2011-01-25 18:26:17 GMT
A report released by a realtors association shows that nearly one in four people who lost their homes to foreclosure admitted to walking away from the home.More>>
Thursday, January 20 2011 6:41 PM EST2011-01-20 23:41:25 GMT
Nevada is ground zero for home foreclosures. However, the Obama Administration and a group called Hope Now are in Las Vegas to give homeowners on the verge of foreclosure some options on what to do next.More>>
Tuesday, January 11 2011 9:23 PM EST2011-01-12 02:23:41 GMT
Nevada' former Assembly speaker says the state's foreclosure mediation program has largely worked in its first full year, keeping nearly half its participants in their home and avoiding foreclosure in nearly nine in 10 cases.More>>
Investigative Reporter Jonathan Humbert and Photojournalist Alex Brauer
Friday, December 17 2010 10:11 PM EST2010-12-18 03:11:52 GMT
Nevada's foreclosure problems still haven't slowed. Sales are dipping and some homeowners are turning to lawsuits to stop what they call fraud and ripoffs.More>>
Tuesday, December 14 2010 6:11 PM EST2010-12-14 23:11:16 GMT
A new state law likely to go into effect on New Year's Day could tell you a lot about the next home you buy. But if you are trying to sell, it could mean extra cost in an already tough market.More>>
Thursday, December 9 2010 5:45 PM EST2010-12-09 22:45:13 GMT
Southern Nevada home sales saw a slight increase last month, but prices are still much lower from what homeowners paid years ago. With new value assessments going out next week, people fear they may be paying too much for their property tax.More>>
Monday, December 6 2010 7:34 PM EST2010-12-07 00:34:17 GMT
Not long after the foreclosure crisis hit Nevada, lawmakers created a special mediation court to help people stay in their homes. Now that process is changing in hopes of making sure more people take advantage of it and to help those already going through it.More>>
Tuesday, November 30 2010 5:58 PM EST2010-11-30 22:58:11 GMT
Just five years ago, Las Vegas was booming and in the midst of a housing bubble. But that bubble burst, leaving home prices plummeting. Now for the first time in years, housing prices are climbing again.More>>
Friday, November 12 2010 7:26 PM EST2010-11-13 00:26:51 GMT
Instead of quietly packing up and leaving, some residents are fighting back against foreclosure by speaking up and looking for solutions to prevent it. Hearing their concerns, City Councilman Steve Ross organized a meeting Friday with banks and lawmakers to bring residents relief.More>>
Wednesday, November 10 2010 2:00 AM EST2010-11-10 07:00:26 GMT
Las Vegas leads the nation in foreclosure filings with more than five times the national average. That is why several homeowners met with industry experts at an informational session Tuesday night.More>>
Friday, September 3 2010 7:13 PM EDT2010-09-04 00:13:05 GMT
When money is tight, struggling Nevada families turn to a food bank to fill the dinner table. Scrounging to pay bills, feeding a pet can become financially impossible. A local effort aids families to prevent them from giving their animals up.More>>
Wednesday, August 25 2010 8:30 PM EDT2010-08-26 01:30:37 GMT
The housing industry has been one of the biggest drags on Nevada's struggling economy and new numbers released Wednesday show another drop. But one local builder says they are doing well in this market.More>>
Tuesday, August 17 2010 7:02 PM EDT2010-08-18 00:02:09 GMT
Homeowners with adjustable rate mortgages are bracing for another hike in their interest rate when their home loans reset next month. But some Las Vegas real estate experts say a positive trend now emerging in the market could help offset another wave of foreclosures.More>>
Thursday, August 12 2010 10:24 AM EDT2010-08-12 15:24:49 GMT
Nevada recorded the nation's highest foreclosure rate in July. One out of every 82 Nevada households was in some stage of foreclosure last month, and many more homeowners are struggling to avoid becoming another foreclosure statistic.More>>
Wednesday, July 28 2010 2:00 AM EDT2010-07-28 07:00:39 GMT
Nevada's struggling housing market makes Nevada residents ripe targets for scam artists. That is why real estate experts and Metro Police teamed up Tuesday night to teach homeowners the best ways to avoid foreclosure and how to protect themselves from elaborate schemes.More>>
Saturday, July 24 2010 2:00 AM EDT2010-07-24 07:00:58 GMT
A company that offered help to struggling homeowners has been shut down by the state after customers started complaining. Four people who worked at that business are accused of taking money from desperate homeowners and pocketing it for themselves.More>>
Thursday, June 10 2010 12:00 AM EDT2010-06-10 05:00:49 GMT
Despite a drop in foreclosure activity, Nevada posted the nation's highest foreclosure rate in May. This is the 41st straight month the Silver State led the nation.More>>
Tuesday, June 8 2010 1:54 PM EDT2010-06-08 18:54:23 GMT
For the second straight month, home prices showed a slight up tick from the previous year, according to the Greater Las Vegas Association of Realtors.More>>
Friday, May 7 2010 11:24 AM EDT2010-05-07 16:24:47 GMT
The loan modification process can be a long, painful, and even expensive. Inside, find links to resources that offer free loan modification help.More>>
Thursday, May 6 2010 10:48 PM EDT2010-05-07 03:48:28 GMT
Foreclosed homes in Las Vegas are being snatched up left and right by investors. But starting this week, Fannie Mae is trying to help homeowners get first dibs. The program is called First Look.More>>
Wednesday, April 28 2010 6:39 PM EDT2010-04-28 23:39:25 GMT
It's one of the Las Vegas valley's most controversial home developments. People living near Red Rock and Blue Diamond still feel there's several unanswered questions about developer Jim Rhodes' massive project.More>>
Tuesday, April 20 2010 5:14 PM EDT2010-04-20 22:14:37 GMT
The I-Team first reported on Alpert's story last summer when he was accused of more than 20 counts of forgery, theft and burglary for allegedly breaking into foreclosures and then renting them out. Now he's in court.More>>
Thursday, April 15 2010 12:00 AM EDT2010-04-15 05:00:22 GMT
Nevada had the nation's highest foreclosure rate in the first quarter of 2010. This marks the 14th straight quarter that Nevada led all other states in foreclosure activity.More>>
Wednesday, April 14 2010 9:39 PM EDT2010-04-15 02:39:49 GMT
As more people are finding new jobs, the housing market is getting a boost. Nationally, the number of people behind on their mortgage payments has dropped for the first time in four years.More>>
Wednesday, April 14 2010 7:07 PM EDT2010-04-15 00:07:03 GMT
Just a few years ago, luxury high-rises were going to make Las Vegas the Manhattan of the west. The economy crashed and developers pushed back plans or backed out all together. Now two new high-rise properties are opening this year.More>>
Thursday, April 1 2010 9:03 PM EDT2010-04-02 02:03:25 GMT
This month hundreds of homes in Las Vegas will be auctioned off. Freddie Mac is holding an auction of foreclosed homes in hopes of taking advantage of a federal plan that will help new borrowers with down payments.More>>
Thursday, April 1 2010 12:35 PM EDT2010-04-01 17:35:07 GMT
A crowd turned out for a town hall meeting on a prominent developer's proposal to build houses, shops and maybe even a school on a hill overlooking a popular conservation area outside Las Vegas.More>>
Tuesday, March 23 2010 2:33 PM EDT2010-03-23 18:33:05 GMT
Money is now available for North Las Vegas residents who need financial help to stay in their home. The City of North Las Vegas just received $677,700 under the American Recovery and Reinvestment Act.More>>
Monday, March 15 2010 8:11 PM EDT2010-03-16 00:11:16 GMT
One key gains access to around 600 empty homes in the federal HUD housing program. This creates a gaping hole for scam artists to walk right through.More>>
Wednesday, March 10 2010 4:47 PM EST2010-03-10 21:47:48 GMT
This year's rainstorms have hurt Nevada's economy in some ways --tourism is affected and business travel disrupted. But Las Vegas roofing businesses are actually doing well. In fact, they're hiring dozens of unemployed workers.More>>
Friday, March 5 2010 8:21 PM EST2010-03-06 01:21:03 GMT
President Barack Obama announced federal foreclosure help is coming to Nevada during his visit to Las Vegas last month. But will it arrive in time to save Nevada families already in risk of losing their homes?More>>
Wednesday, March 3 2010 9:03 PM EST2010-03-04 02:03:42 GMT
The Las Vegas City Council pushed forward their new strategic plan for the next 20 years. They're calling for more studies on how to improve some of the older areas of town, but residents are asking when these studies will turn into action.More>>
Saturday, February 20 2010 2:01 AM EST2010-02-20 07:01:24 GMT
Signs of hope are emerging in the country's real estate market. For the first time in three years, the number of people who are behind on their house payments went down. That drop means the number of people losing their homes may start to fall.More>>
Monday, February 15 2010 8:26 PM EST2010-02-16 01:26:15 GMT
High-rise residential property on and off the Las Vegas Strip is slowly starting to pick up. The prices have been slashed on some luxury properties, in some cases by hundreds of thousands of dollars.More>>
Thursday, February 4 2010 2:00 AM EST2010-02-04 07:00:52 GMT
Las Vegas is a renters' market. Research firm Applied Analysis reports asking rent prices are now at a four-year-low. Experts say that is because the real estate market is giving renters more options.More>>
Monday, February 1 2010 8:35 PM EST2010-02-02 01:35:55 GMT
If you're in the market to buy a home, but keep getting out-bid by investors with cash, there is some encouraging news. Starting Monday, the Federal Housing Administration is changing a rule that may allow more people to get into foreclosed homes.More>>
Sunday, January 31 2010 2:15 PM EST2010-01-31 19:15:27 GMT
The Las Vegas Metropolitan Police Department is offering struggling homeowners tips to avoid foreclosure. Metro Police held a seminar on Saturday aimed at keeping people in their homes.More>>
Wednesday, May 16 2012 7:17 PM EDT2012-05-16 23:17:48 GMT
LAS VEGAS -- There is a serious car crash on Boulder Highway at Flamingo Road. Metro Police are closing the northbound lanes of Boulder Highway between Harmon Avenue and Flamingo Road. Drivers should avoidMore>>
A motorcyclist is dead following a crash involving a dump truck on Boulder Highway at Flamingo Road. Metro Police have closed the northbound lanes of Boulder Highway between Harmon Avenue and Flamingo Road. More>>
Wednesday, May 16 2012 8:17 PM EDT2012-05-17 00:17:18 GMT
LAS VEGAS -- Investors decide the future of Las Vegas homeownership underneath a downtown carport. They trade millions of dollars and dozens of homes every weekday. But a new lawsuit claims those at theMore>>
Investors decide the future of Las Vegas homeownership underneath a downtown carport, trading millions of dollars and dozens of homes every weekday. But a lawsuit claims those at the top of the group running the auctions may have a conflict of interest that violates state law.More>>
Wednesday, May 16 2012 8:16 PM EDT2012-05-17 00:16:25 GMT
LAS VEGAS -- The Clark County Commission relied on a 2005 state law when it designated Nevada Legal News at 930 S. Fourth St. downtown as the sole location for foreclosed property auctions in the county. TheMore>>
The Clark County Commission relied on a 2005 state law when it designated Nevada Legal News at 930 S. Fourth St. downtown as the sole location for foreclosed property auctions in the county.More>>
Wednesday, May 16 2012 6:56 PM EDT2012-05-16 22:56:59 GMT
LAS VEGAS -- Police know alcohol was involved in a crash early Monday morning that killed 16-year-old Isaac Polu. The crash also sent two other people to the hospital with critical injuries. Polu wasMore>>
Students are Liberty High School are mourning the loss of their classmate after a deadly accident on Monday.More>>
Wednesday, May 16 2012 6:04 PM EDT2012-05-16 22:04:40 GMT
LAS VEGAS -- Las Vegas police have identified the officers involved in a shooting that happened on Monday. Police say a K-9 officer's dog was shot by another officer after the dog bit another officer.More>>
Las Vegas police have identified the officers involved in a shooting that happened on Monday. Police say a K-9 officer's dog was shot by another officer after the dog bit another officer.More>>
Wednesday, May 16 2012 5:59 PM EDT2012-05-16 21:59:52 GMT
NORTH LAS VEGAS, Nev. -- The battle to fill a $33 million budget shortfall in North Las Vegas has turned into a war of words. Police and fire unions say they have offered to make concessions in good faith,More>>
The battle to fill a $33 million budget shortfall in North Las Vegas has turned into a war of words. Police and fire unions say they have offered to make concessions in good faith, yet they feel the city is depicting them as the bad guy.More>>
Wednesday, May 16 2012 4:14 PM EDT2012-05-16 20:14:40 GMT
LAS VEGAS -- There is some good news on the job front for teens who may be thinking about making some money this summer. It appears young people are having an easier time finding work than the past fewMore>>
There is some good news on the job front for teens who may be thinking about making some money this summer. It appears young people are having an easier time finding work than the past few years.More>>
Wednesday, May 16 2012 4:12 PM EDT2012-05-16 20:12:08 GMT
LAS VEGAS (AP) -- A judge set a trial next year for a Las Vegas mother who has pleaded not guilty by reason of insanity in the scissors slaying of her 6-year-old daughter. Clark County District CourtMore>>
A judge set a trial next year for a Las Vegas mother who has pleaded not guilty by reason of insanity in the scissors slaying of her 6-year-old daughter.More>>