A look at Biden’s first week in office

This episode reviews last week’s inauguration of President Joe Biden, examining which housing issues the new administration has already taken action on.

Biden’s executive order will extend foreclosure moratorium

President Biden revealed his plan to sign 17 executive orders his first day in office, including am extension of the eviction and foreclosure moratorium to at least March 31.

How servicers continue to protect neighborhoods amid COVID

We spoke with MCS CEO Caroline Reaves about self-service technology, the shift to virtual and how servicers can prepare for post-COVID success by improving processes today.

HomeBridge’s Brian White on diversity at a practical level

HomeBridge's Brian “Woody” White discusses ways to increase diversity within the housing finance industry.


Las Vegas Condo Sales up 16% in June, as REO Sales Dip to Two-Year Low

Home sales improved in the Las Vegas Metro Area during month-over-month in June, but the current state of the housing industry there is still struggling to stabilize, according to last month’s update from MDA DataQuick. Las Vegas sales are mostly up this year, however, the percentage of properties being sold that are foreclosed or real-estate owned (REO) is dropping. The number of houses and condos resold jumped up to a total of 4,480 or 16.1% from May, but decreased 11.2% from June 2009. Sales of all newly built houses and condos shot up to 917 last month, up 74% from May and 93.1% from last year. MDA DataQuick reported home sale prices on the rise, but said it does not necessarily see a trend.  The median price for all new and resale single-family house was $136,290, up 1.7% from May and up 1% from a year ago. Foreclosures also eased last month with 2,630 single-family house and condo units foreclosing in the Las Vegas region; down 2.6% from May and down 27.4% from last year. However, foreclosures also fell to 46.4% of all resales in June calculating the lowest proportion of foreclosure resales since January 2008. In the beginning of 2010, these sales made up 63.3% of the market. MDA DataQuick reported that in the first six months of 2010, 14,206 Las Vegas region houses and condo units were lost to foreclosure, dropping 13.9% from the same six-month period of 2009. Write to Christine Ricciardi.

Most Popular Articles

Biden’s executive order will extend foreclosure moratorium

President Biden plans to sign 17 executive orders his first day in office, including an extension of the eviction and foreclosure moratorium.

Jan 20, 2021 By

Latest Articles

SitusAMC acquires Assimilate Solutions

Technology firm SitusAMC announced its acquisition of mortgage and title outsourcer Assimilate Solutions on Monday – it’s second acquisition in January.

Jan 25, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please