Mortgage crisis is tarnishing Las Vegas boomtown image
Tagged: foreclosure, Las Vegas, Nevada
In America’s ultimate boomtown, the signs of economic trouble literally show up in the streets, with “for sale” sign after “for sale” sign stuck in the front yards of homeowners who lost their houses because they couldn’t afford to pay their mortgages.
Las Vegas, a national symbol of growth and opportunity, now suffers the highest foreclosure rate in the country. Nearby Henderson – full of gated communities as well as moderately priced housing – now has more than 300 properties in foreclosure or preforeclosure and some streets have as many as six houses in the process of being sold because the owners couldn’t keep up the payments.”*
*From: www.boston.com/news/nation/articles/2007/12/02/mortgage_crisis_tarnishes_las_vegas_boomtown_image/DELETEME!
Traducido: usando Google o Altavista/Babel Fish
Posted on:
December 3rd, 2007
Traducido: usando Google o Altavista/Babel Fish
Curation from Tomás
Filed Under: 1. Hispanic News, Real Estate
Comments
