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LAS VEGAS REAL ESTATE UPDATE-INFLATED HOME VALUES
should have been in the free market with add ones like cars and cash back. This unknown cash back also caused the resale market to sky rocket beyond what it should have done since many of the resales pricing was attributed to the cost of a new home. It also caused the unsuspecting home buyer to over pay based on the fraudulent cash back prices of some new homes. It also has caused consumers to doubt what the real value is.This is not a problem for current buyers and sellers though. …
Tags: estate, FORECLOSURES, FRAUD, HAWKS, home, INFLATED, KENDALL, LAS, Mortgage, real, STEVE, TROTTER, VALUES, VEGAS
Go read Housing Panic and Calculated Risk. You might actually learn something. BTW, the housing blowup is/was no surprise to everyone that reads those blogs.
If you want to learn something, go read Housing Panic and Calculated Risk. These sites have known about the housing bubble long before it popped.
Was going for $900K and now they can’t sell them at $300K…….OUUUUCCCCCHHHHH!!!!
What a @#$% scam this whole housing bubble is.
Great video!! These 3 Las vegas realtors,Dana Ellis, Steve Hawks and Kendal Trotter are three of the most honest realtors I have seen. They should be household names for every person who purchased a new home in these new communities. I have several friends who bought homes in Alliante, Anthem Highlands,Mountains Edge who are now paying the price for builders giving cash back to these “investor groups” who took the cah back and ran. Kudos to the Las Vegas Real Estate Update. Keep the info coming!