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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.


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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');

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