Las Vegas topped the U.S. foreclosure list for 2010. And while foreclosure activity increased from 2009 in most of the nation’s largest metropolitan areas, it actually decreased slightly in the worst hit cities.
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In Asia Thursday the Shanghai Composite Index climbed 1.5% to 2,749 and the Hang Seng Index fell 0.3% to 23,780. In Japan the Nikkei 225 Index advanced 0.7% to end the day at 10,479.
Continue reading Shares Sur…
Yet another problem has begun surfacing in the documents banks have been using to foreclose on homes: false notarizations. Notaries have been attesting legally to signatures they didn’t witness, sometimes by people who didn’t a…
Although retail sales — share prices — have rallied back to 2007 highs, retail real estate prices remain depressed. Investors beware: A deeper look at the reasons behind that split suggest harder times ahead for major, public…
Nevada’s unemployment rate hit a new high in December 2010 — and with home prices continuing to fall, the beleaguered state’s problems are far from over.
Continue reading Nevada Unemployment: The Worst Gets Wo…