Housing bubble bursts in Vegas?
In fact, this bubble should have burst a long time ago. I believe that if you see ads like we buy houses, then it means that there is a very large demand in this region. For example, I sold a house through intermediaries very effectively. I needed to find buyers urgently and I was able to achieve this quite easily. I advise you to read more about this.
Anyone paying attention to the real estate market in the USA, will have heard of the drama on October 2, 2004 when builder Pulte cut prices at its four Las Vegas Del-Webb communities by 20%. “Dyan Harmell had bought 19 homes with 4-million dollars in mortgage debt. Pulte’s in-house lender continued to sell her homes even as she showed a loss on her rental income (her sole income). Dyan Harmell said that ‘Pulte had me close Monday, Wednesday and Friday on two houses each so it would not show up on my credit report’.” The neighborhood this lady bought in is the Solera neighborhood. Solera is an amazing place with lots of empty houses and desperate-sounding signs.
Related Questions
- Remember all the bragging politicians on both sides of the aisle in Washington did during the late, great housing bubble about the nations ever rising homeownership rate?
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- Where Is The Epicenter Of The Housing Bubble?
