Category Archives: Banks




Report: US Home Prices On the Rise

The National Association of Realtors recently announced the latest US real estate figures and the numbers are encouraging for anyone considering selling their home. Evidently, home price growth accelerated in much of the country during the fourth quarter of 2014. This is a fantastic development for anyone hoping to get a good price on their […]



MORTGAGE FORGIVENESS DEBT RELIEF ACT UPDATE

As we have reported before, Congress has yet to renew the Homeowners Relief Act which provided a tax break on mortgage forgiveness obtained through short sale, foreclosure, or principal reduction.  It now appears that Congress will extend the Act after the November elections, making it retroactive for all of 2014.  However, it is unclear if […]



Is It a Buyer’s Market in Las Vegas?

The Las Vegas Review Journal reports today in its Business section that home prices increased less in July than they have in the past 20 months.  Slow sales and increased inventory may be shifting our sideways market towards buyers.  .  Nationally, sales are down 5.3 percent from last year.  Among the reasons for slower sales […]




Post Short Sale Loans

An article written by the current president of the Greater Las Vegas Association of Realtors, Heidi Kasama, was published in the Las Vegas Review-Journal on Sunday.  The column, titled On the House, is a question and answer format with the current president of GLVAR answering questions submitted by members of the public.  This article, titled […]




Delinquency Rates and Foreclosures Down

Nevada ranks second in 90 day plus delinquency rates and 8th in terms of loans in foreclosure. The Mortgage Bankers Association released their first quarter national survey of mortgage delinquency data.  From a national perspective, mortgage delinquencies and foreclosures declined during the latest reporting period.  New Jersey reported the highest rate of foreclosure starts and loans […]