Jerilee Wei never expected to be living next to a cow pasture when she bought her home in Lakeland, Fla., in 2007. In her upscale community, newly constructed houses were selling for between $300,000 and $425,000. Then one mor…
U.S. Bankruptcy Court Judge Martin Glenn denied Wells Fargo’s request for permission to foreclose on Tandala Mims’s house in the Bronx for a second time on Thursday because he still wasn’t satisfied that Wells — as opposed to…
Millions of houses are in foreclosure in the U.S. Even if your house is safe, your neighbors may be in trouble, and your neighborhood could suffer as a result. Here’s the story of one house in a neighborhood in New Jersey.
…
Modesto, California, located 90 miles east of San Francisco, had the nation’s third-highest home foreclosure rate during the third quarter of 2010, just behind Las Vegas, Nevada, and Cape Coral/Fort Meyers, Florida. DailyFinanc…
Las Vegas has always been a place of dreams, promising that pennies can turn into fortunes, cities can rise from the desert, and property values can rise without limit. But you can also lose your shirt there, and the real estate crash has hit Sin City harder than any other place in the country.
Continue reading A Winning Streak Goes Bust: Ghost Towns of Las Vegas [VIDEO]
A Winning Streak Goes Bust: Ghost Towns of Las Vegas [VIDEO] originally appeared on DailyFinance on Wed, 08 Dec 2010 07:00:00.
Filed Under: Economy, Real Estate, Video, Special Report