When the housing bubble burst in the United States, the economic fall out was awful across the nation. Many people lost everything; others watched the biggest investment of their lives turn to dust. As devastating as it all has been, many communities can not comprehend the meltdown of the Las Vegas housing market.
Anyone who surfs the net on a regular basis sees list after list with titles such as: “Top 10 Hardest Hit Cities” & “Top 20 Cities Looking to Recover,” all in regards to subjects from housing, finances, unemployment, and a myriad of other negative situations affecting Americans. Although you don’t often see Las Vegas on these lists, I’d like to explain what is really going on here. READ MORE »