Las Vegas: Foreclosed houses jump as prices slow

by Todd Carpenter on March 2, 2005

Here’s the “rest” of the story on real estate speculation.

“For much of 2004, Las Vegas homes were selling at one of the fastest paces in the nation.

The buying frenzy that drove home prices up by as much as 52 percent last year attracted a slew of out-of-state speculators seeking to take advantage of the fast appreciation. “
Las Vegas: Foreclosed houses jump as prices slow

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