Bad News for the Nevada Housing Market

Alan, your insight never ceases to amaze!!!
BTW, where DO you find this stuff?

LOL. No one hears the voices quite like blackjesus. Buy gold! Shiny, shiny gold!!! Obviously we should all buy as much gold as possible, because the price of gold is unlike the price of EVERYTHING ELSE ON THIS PLANET. Markets are efficient everywhere, except the market for gold, which is way out of whack (through secret manipulations, by the voices, no doubt). So BUY, BUY, BUY. You can't lose!!

Hey...That's G. Gordon Liddy's voice!

Careful, the investment shaman might put your picture on a voodoo doll, too.

Yup. But you'll never see those words from any realtor here.

The southwest, especially Vegas, will be one of the last cities to recover.

The housing market will never be the same because of the simple fact the lending standards have changed.

Ramper when are you going to change boobs for the year? Those are more than 1 1/2 years old.

Uh-Oh. This can't be good.

71% of homeowners with a mortgage in Clark County, NV owe more than the house is worth.

USA Today 2/8/2011