There is a fascinating account of house hunting in the foreclosure-ridden market of Las Vegas. This is truly a head-shaking account of the current market in Las Vegas from CNBC Real Estate reporter Diane Olick. “Lunacy In Las Vegas Housing” Count your blessings, Middle America! Thankfully, the Omaha housing market is not in such an unimaginable condition. While foreclosure is much more common in Omaha than it ever has been, the market has been relatively insulated from the highs and lows that Las Vegas, Phoenix, Florida and Southern California have experienced.
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