No silver lining in housing market as Nevada votes
February 3rd, 2012
09:41 AM ET
6 years ago

No silver lining in housing market as Nevada votes

Las Vegas (CNN) - Republican presidential candidates are campaigning for votes in a state with an unwelcome, eye-popping first-place record.

For 60 consecutive months, Nevada has had the highest foreclosure rate of any state. That's five long, painful years.


Filed under: 2012 • Nevada
soundoff (16 Responses)

    Willard's solution: Let the foreclosure process run it's course.

    February 3, 2012 09:43 am at 9:43 am |
  2. GI Joe

    Five long painful years?

    Yeah - Obama caused it. (NOT)

    Maybe the Gamblers placed a bet they couldn't cover. Or maybe the Gambler banks misled them with a bunch of hooey.

    February 3, 2012 09:48 am at 9:48 am |
  3. Big George in Big D

    Hey – they have Harry Reid! How has he let his state get into such a mess? Well, one would have thought about that when they re-elected the idiot!

    February 3, 2012 09:54 am at 9:54 am |
  4. The Real Tom Paine

    That's what happens when Libertarians run things. They can't, or won't run anything.

    February 3, 2012 10:16 am at 10:16 am |
  5. Truth and Nothing But the Truth

    Four more years of Obama and we can all be living on the streets. True Hope & Change is coming in November. It is time to fundamentally transform WASHINGTON DC and NOT the country.

    February 3, 2012 10:17 am at 10:17 am |
  6. vic , nashville ,tn

    Open up for foreign investors and republicans stay from Arizona type immigration reform

    February 3, 2012 10:20 am at 10:20 am |
  7. The Real Tom Paine

    Nevada, Truth, is a GOPer's dream, with low taxes, virtually no regulation, and no safety net. The result is the worst rate of foreclosure and the worst unemplyment rate in the country: I don't suppose you can connect the dots, can you? The states with regressive taxes and a solid safety net , with the exception of MI, have ridden the storm out the best, and that includes ND, with a GOP governor, 3% unemployment, and regressive tax code.

    February 3, 2012 11:18 am at 11:18 am |
  8. The Real Tom Paine

    Truth, don'y you Repubs always say that the Federal Government can't transform anything? Then how is transforming DC NOT going to change anything? Your posts are a series of written verbal tics.

    February 3, 2012 11:19 am at 11:19 am |
  9. Claudia, Houston, Tx

    Casino owners aren't losing their homes. When people don't have money to gamble at Nevada casinos of course there is loss of employment and without employment people can't pay mortgages. Nevada needs a better plan to support it's economy rather than casinos. Think about it.

    February 3, 2012 11:22 am at 11:22 am |
  10. Willie Floyd

    Time for Romney to flip flop on the "let the market bottom out".

    OBAMA/BIDEN 2012

    February 3, 2012 11:27 am at 11:27 am |
  11. Truth and Nothing But the Truth

    Willard's solution: Let the foreclosure process run it's course.
    Obama's solution: Spend billions of borrowed money trying to deny reality and prevent the inevitable. And just like the previous 3-4 FAILED programs, it will fail. Failure is Obama's only consistent success.

    February 3, 2012 11:28 am at 11:28 am |
  12. Fair is Fair

    "Willard's solution: Let the foreclosure process run it's course."
    Barry's solution – have their neighbor pay their mortgage.

    February 3, 2012 11:35 am at 11:35 am |
  13. gt

    obama turn his back on vegas yrs ago... the obama forclosures continue on homes all across america..

    February 3, 2012 11:52 am at 11:52 am |
  14. Rudy NYC

    "Willard's solution: Let the foreclosure process run it's course."

    You forget the rest. You forget the part about letting investors come in, buy up the homes at reduced prices and then renting them to people. That Willard's vision of the American dream. A country where an elite few own everything. Nice for him, but no thianks.

    February 3, 2012 12:01 pm at 12:01 pm |
  15. GI Joe

    FIVE long years .........................

    February 3, 2012 12:03 pm at 12:03 pm |
  16. Lynda, California

    I love Republicans want Pres. Obama to FIX things, but they want Republicans in office that promise to make the Federal Government of the United State of America, smaller and weaker. Oh yeah,and they cheer when GOP candidates say they don't want to help the poor, sick or people in mortgage trouble. GOP= confused!

    February 3, 2012 12:21 pm at 12:21 pm |