Find Real Estate Agents and Homes for Sale


Real Estate News --> Nevada News

Nevada still tops in underwater homes but sees improvement


Nevada still leads the nation in the percentage of mortgaged homes underwater but that percentage fell sharply from a year ago, according to a report released Thursday by CoreLogic.


Archived Story

The real estate and financial analytics company from Irvine, Calif., reported that 29.4 percent of Nevada’s 539,000 mortgaged homes in the first quarter of 2014 carried loans that were higher than the value of the propertyBut that was an improvement from 45.4 percent in the first quarter of 2013.Roughly 12.7 percent of mortgaged homes remain underwater nationally, an improvement from 19.8 percent a year ago.The latest numbers show that the average mortgaged homes in Nevada carry loans equal to 78.5 percent of the value of those properties, the highest percentage in the nationThe average loan to value nationally is 60.8 percent.A separate report from RealtyTrac, another real estate analytics company from Irvine, showed that the average home price in Clark County stood at $160,000 in MarchThat was up substantially from a trough of $106,500 in February 2012 but still well below the peak of $300,000 in December 2006. Las Vegas NewsLas Vegas NewsMore>> BREAKING NEWS: 2 businesses under investigation for illegal spiceBREAKING NEWS: 2 businesses under investigation for illegal spiceUpdated: Thursday, February 5 2015 4:19 PM EST2015-02-05 21:19:32 GMTMetro Police are investigating two businesses on ECharleston Boulevard for the illegal sale of spice, a synthetic marijuana.More>>Metro Police are investigating two businesses on ECharleston Boulevard for the illegal sale of spice, a synthetic marijuana.More>>Extortion probe involving NV lawmaker leads to VirginiaExtortion probe involving NV lawmaker leads to VirginiaUpdated: Thursday, February 5 2015 4:17 PM EST2015-02-05 21:17:42 GMTMetro Police detectives investigating extortion claims involving a Nevada lawmaker executed a search warrant Thursday on a house in Front Royal, Virginia.More>>Metro Police detectives investigating extortion claims involving a Nevada lawmaker executed a search warrant Thursday on a house in Front Royal, Virginia.More>>Fugitive wanted in Hollywood killing arrested in Las VegasFugitive wanted in Hollywood killing arrested in Las VegasUpdated: Thursday, February 5 2015 3:41 PM EST2015-02-05 20:41:17 GMTA man wanted in connection with a deadly shooting at a Hollywood nightclub last summer was arrested in Las Vegas on Thursday.More>>A man wanted in connection with a deadly shooting at a Hollywood nightclub last summer was arrested in Las Vegas on Thursday.More>>Accused Walgreens shooter denied bailAccused Walgreens shooter denied bailUpdated: Thursday, February 5 2015 2:25 PM EST2015-02-05 19:25:36 GMTThe man accused of deadly robbery at a Walgreens store the day after Christmas was denied bail Thursday.More>>The man accused of deadly robbery at a Walgreens store the day after Christmas was denied bail Thursday.More>>Hackers access records for millions of Anthem customersHackers access records for millions of Anthem customersUpdated: Thursday, February 5 2015 1:45 PM EST2015-02-05 18:45:29 GMTThe health insurance company Anthem says the hackers who got into its computer network were able to gain access to personal information for "tens of millions" of customers and employeesThose employees include the company's CEO.More>>The health insurance company Anthem says the hackers who got into its computer network were able to gain access to personal information for "tens of millions" of customers and employeesThose employees include the company's CEO.More>>Video shows burglary suspect in North Las Vegas homeVideo shows burglary suspect in North Las Vegas homeUpdated: Thursday, February 5 2015 1:39 PM EST2015-02-05 18:39:10 GMTDetectives are hoping the public can help identify a burglary suspect caught on video in a North Las Vegas home.More>>Detectives are hoping the public can help identify a burglary suspect caught on video in a North Las Vegas home.More>>   if (Worldnow.EventMan) Worldnow.EventMan.event('WNCol2done'); if (Worldnow.EventMan) Worldnow.EventMan.event('WNCol23done'); wnad_63.load(); if (Worldnow.EventMan) Worldnow.EventMan.event('WNCol4done');

Trending Nevada News:


  • Nevada's foreclosure rate continues decline, RealtyTrac says
  • Pico Holdings sells Nevada unit for $31 million
  • Nevada Medical Office Changes Hands
  • ‘Hopefully what we do adds to the state’s recovery’
  • Lake Tahoe home sales surge in 2012
  • Democrats prevailed except in U.S. Senate race
  • California to Nevada: Will you marry me?
  • Space Entrepreneur Believes That Aliens Are Real And Are Living Right Under Our Noses
  • Why these real estate advisers are bullish on Las Vegas
  • Economy Influences Vegas Gaming, Revenue Growth
  • NAREB Las Vegas Hosted First 3-Part Luxury Real Estate Series
  • Intero Announces Major Leadership Reorganization Amid Unprecedented Growth
  • Nutritional High Announces Entering Into Agreements to Acquire Producer and Processor Licenses in Henderson, Nevada
  • Elko real estate agent named president of trade association
  • 5 Las Vegas Real Estate Trends You Should Know Before You Sell Your Home
  • Business briefs: Pecka named business service advisor for Carson City's United Federal Credit Union
  • Nevada, Foreclosure Capital of U.S. for Five Years
  • Nevada remains No. 1 in foreclosures
  • Featured Videos
  • Action News Consumer Complaint Center