UTA eNews
May, 2012

Article Details Correlation Between Lack of Foreclosure Regulation and
Home-Owner Economic Recovery Noted


Foreclosure regulation up
correlates with housing recovery down

A recently published article in the Nevada Journal, headlined “Have Laws to Aid Defaulting Homeowners Hurt Nevada’s More-Responsible Majority?” detailed how the Phoenix market as begun is recovery in terms of home values, while Las Vegas home prices continue to fall.  The article detailed the correlation in home price values with foreclosure laws and regulations in Arizona and Nevada.

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