Michelle RindelsThe Associated Press

Back to: News
January 25, 2013
Follow News

As housing brightens, some see storm coming

LAS VEGAS — In a state long defined by its stormy housing market, the sun is apparently peeking out from the clouds.Nevada just ended its five-year reign as foreclosure king of the nation, relinquishing the title to Florida in 2012. Home prices shot up 24 percent in Las Vegas in one year, and buyers are in outright wars to get a piece of tight inventory that’s shriveled to a five-week supply. Even the Nevada Association of Realtors is looking to retire the lengthy Face of Foreclosure report it’s published annually since 2009, saying the issue is no longer the big …

Explore Related Articles

Trending in: News

The Nevada Appeal Updated Jan 25, 2013 01:30AM Published Jan 25, 2013 01:29AM Copyright 2013 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.