The foreclosure market in Las Vegas has slowed down allowing buying to come off the fences and pickup inventory at 50% of what it was 5 years ago. Homes that sold in 2006 for $680k you can now purchase at $250k on 1/3 acre lots.
There is a lot of research out there that another wave of foreclosures is coming not ARMs resetting but owners who cannot justify paying a mortgage on a $900k property while their neighbor who just moved in is paying for the same property $400k. It dosent make sense.
The question is "What would Trump do?"
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