Is going to be a 

HAPPY NEW YEAR

for Las Vegas or another 

I AM BROKE YEAR?

According to the Year-End report released today by RealtyTrac®, the leading online marketplace for foreclosure properties,we has in December 2010 a national decrease of nearly 2 percent in filings from the previous month and down 26 percent from  December 2009. 

Unfortunately for us, Nevada, did not follow the national trend!

According to today's report....

"More than 9 percent of Nevada housing  units (one in 11) received at least one foreclosure filing in 2010, giving it  the nation’s highest state foreclosure rate for the fourth consecutive year  despite a 5 percent decrease in foreclosure activity from 2009. Nevada foreclosure  activity in December increased 18 percent from the previous month and was up 14  percent from December 2009. Fourth quarter foreclosure activity in Nevada decreased nearly  7 percent from the previous quarter but increased 19 percent from the fourth  quarter of 2009"

Arizona registered the nation’s second highest state foreclosure rate for the second  year in a row, with 5.73 percent of its housing units (one in 17) receiving at  least one foreclosure filing in 2010, and Florida was in third position with 5.51 percent of its housing  units (one in 18) receiving at least one foreclosure filing during the year.

Six states represented  more than 50 percent of all bank repossessions, Nevada, California, Florida, Arizona, Illinois  and Michigan. This is a very sad record that does not make me feel good for sure. Read the full article......

These are really sad news for Nevada  and for the future of us all and,

like most of us ............

I really feel against the wall

With a lot of questions about the future

And don't know what to do next 

More tourist are coming according to the latest reports from the Mc Carran airport, there are few new project (including the new City Hall) that should create more job opportunity and more than anything i really believe in America and our ability to overcome adversities.

Thank you for reading my blog and as a token of my appreciation to you for visiting my site, please click here for your FREE, NO OBBLIGATION, NOTHING TO BUY, chance to win $ 1,000.00 certificate!

Do not forget to contact us, we will be there to answer all your questions and walk you thru, safe and sound, today’s difficult Real Estate market.

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