Dawn Barrier REALTOR®, 's Blog,LAS VEGAS BLOG

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Las Vegas Homes with Negative Equity Still Top of the Charts

The Las Vegas area has come a long way in the housing recovery with most homes for sale now being regular sales, not short sales, but we still have plenty of homeowners who are still in a negative equity position.

 

Nevada topped all states with 31 percent of all residential properties seriously underwater, or with negative equity.

 

Nevada, Florida, and Illinois were the top three states in negative equity for residential properties in the third quarter of 2014, marking the fourth consecutive quarter those three states led the nation in that category, according to RealtyTrac's Home Equity & Underwater Report for Q3 2014 released Thursday.

 

Las Vegas, Nevada, and Lakeland, Florida, tied for the top spot among metropolitan areas with the highest negative equity rate with 34 percent each     Source:  DSNews

 

Las Vegas SELLERS looking for a Las Vegas Listing Agent?  CALL NOW! 702-812-4550 We are here to help Las Vegas Homeowners sell your Las Vegas home – regular equity sale or short sale , if you have no equity and are going thru a hardship, want to know more……Just CALL!!! (702) 812-4550.

 

By: Dawn Barrier

Posted earlier at:  http://www.awesomelasvegashomes.com/general/las-vegas-homes-with-negative-equity-still-top-of-the-charts-1780/

 

A Las Vegas Short Sales Website Sell your Las Vegas home information (702) 812-4550

 

 

Dawn Barrier    EXP REALTY Las Vegas   (702) 812-4550 

 

 

 

 

 

 

  

 

   

 

 

 

 

 

 

 

Any Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing or as noted,covers the Las Vegas Valley, North Las Vegas, Henderson area or as noted.

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Comment balloon 2 commentsDawn Barrier • October 24 2014 08:45PM

Comments

We are seeing the same recovery here in Arizona, and are doing a little better than your area. I think the last report I read was 18% of Phoenix Metro homeowners are still underwater.

Posted by Troy Erickson, Your Chandler, Ahwatukee, and East Valley Realtor (Diverse Solutions Realty www.ChandlerRealEstate.weebly.com) almost 3 years ago

Same in Orange County Ca. Summer of  2014 prices rose so quickly again lots of homeowners were able to bail out from negative equity. drove up the prices in the rental market like crazy. thanks for that info Dawn and Tony.

Posted by Doyle Lee Austin Davison Iv, 28+ years serving Investors/Banks/Buyers/sellers (Surf City Realty 714-968-6767) over 2 years ago

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