Las Vegas Vacation Rentals in Foreclosure Capital U.S.A.
Poor Nevada.
According to RealtyTrac’s latest foreclosure report, one in 23 households received a foreclosure filing, making it the highest state for mortgage defaults in the U.S. About 13 percent of the population are unemployed. It’s the kind of news that makes you wonder if in desperation, folks went to Las Vegas casinos in a last-ditch effort to win this month’s payment at the tables.
Lady Luck, you’re a glitzy gal in that feather headdress and sequin costume, but underneath, you can be awfully cruel.
Just curious: What kind of traffic have you Las Vegas vacation home owners had in the rental market? While residents are fleeing Sin City, surely tourists are still coming, right? You tell me @checkincheckout.
