BluefoxToday blog : September 2007

Mesquite housing market cools

Mesquite has lately been called a bedroom community of Las Vegas. And rightfully so. It's only about 90 miles away, a straight shot northeast up the freeway, and definitely has its own small-town aura that is coveted by so many. Pahrump to the west and over the mountain range is the other one.

What comes to real estate, it has been linked to the metropolis all too closely, too. And this one is easy to prove. When the housing market boomed here a few years ago, Mesquite's followed right behind it with the same type of over-heating. And now, as if on cue, it's nursing the very same ills that the soft market has brought to Sin City. To read the entire article, please click on the link in this paragraph.

_______________________________________________________________________________

Provided by: 

Esko Kiuru
Mortgage, real estate and apartment industry analyst 

www.BluefoxToday.com - syndicated mortgage, housing and property management blog

eskokiuru@gmail.com
My cell: 702-499-1006

Comment balloon 0 commentsEsko Kiuru • September 05 2007 05:22PM
Mesquite housing market cools
share
Mesquite has lately been called a bedroom community of Las Vegas. And rightfully so. It's only about 90 miles away, a straight shot northeast up the freeway, and definitely has its own small-town aura that is coveted by so many. Pahrump to the west… more
Pro football in Vegas beverage establishments
share
NFL football season is right around the corner, as a quick reminder in case someone missed it. So is the cool fall weather for us Southern Nevadans who have been taking it to the chin for the last three or so months. Our future does indeed look… more
Mortgage servicers urged to help stem foreclosures
share
Federal and state regulators are busy at work. They came out again today to try to charm the mortgage industry into working with at-risk homeowners to help them avoid foreclosure. Their main focus is on the subprime borrower who acquired a home loan… more
Vegas luxury condo market feels the pinch
share
The luxury condominium market was also expected to feel the adverse effects of this uncertain mortgage and real estate environment. And it undeniably is. Some projects have been canceled outright and some are on hold for now, obviously waiting… more
Subprime mortgage blame game continues
share
Hardly a day goes by without some media outlet calling together a panel of mortgage experts who then will go back and forth about who to blame for the current subprime challenge. It still appears to be one of the favorite topics in the world of… more