Tag Archives: Las Vegas foreclosures

It’s The Desert, Not Vancouver!

I been back in Vegas for 2 weeks now, and we drive around to various areas to explore and learn about different parts of Las Vegas. In Vancouver you just don’t see the type of houses and desert landscape that is found down here, it is a desert so the house styles and landscape vary greatly. Here most plants are picked  depending on their water consumption. You pay for water here unlike Vancouver where you can keep the tap running forever and no one blinks. Water conservation is a normal part of life here, which is fine by me. I have learned to keep the water off, when I’m brushing my teeth and other little tips.  They conserve water here, but they don’t recycle at all (in my complex anyways…). It bugs me that recycling isn’t done here, since the USA is the biggest consumer and polluter in the world.

All the photos were taken in North Las Vegas, where I live…

Close to Red Rock Canyon.

imagine waking up to that every day scenery, would be neat (house is on left..). This hoe in near Red Rock Canyon.

Crazy color but I actually think it works well in this environment.

This is what happens if you can’t pay your loans. This million dollar house is now foreclosed and bank owned, and it’s half done! Right across the street you have the pimping house below.  I can’t imagine waking up to this eyesore until the market turns around, could be years and years!

I found these foreclosure notices posted on at least 6 doors in my complex, that means another 6 foreclosures from my complex alone. Las Vegas is in such a huge mess it’s unreal! Good for people who want the bargain of a lifetime though, but damn…

Las Vegas is the foreclosure capital of all the USA, this is the center of all the damage from the U.S. recesson. Obama was here just last week and pointed that out.

there are some really beautiful places (some foreclosed…), all are only a few minutes from where I live.

desert landscape, don’t fall on the cactus!

Las Vegas 1/2 Built & Vacant land All Over

Yesterday I stumbled across one of those famous foreclosed developments, where the builder has stopped building and left everything there. Right across the street on Rain Water Drive, next to the Co 215 freeway is a brand new park, with community pool, grass areas  and nice picnic areas that is the only thing complete besides 4 show homes. It’s kind of creepy and relaxing at the same time. The development must have stopped because of the recession down here and the builder has 4  really nice show homes still there, all furnished facing the community swimming pool, and the play area complete with grass field etc. It looks like a ghost town after a nuclear holocaust or something, weird. The grass is cut, the pool looks maintained but not a soul in sight, except for the odd car that drives by.

There are many parts of North Las Vegas that are 1/2 built with vacant lots around them. Don’t get me wrong this is no ghetto (far from) but it does have a weird  feeling when you go into these developments where there is no one is around. Once the recession stops then all these places will be built up, but until then they will remain vacant. There are no home buyers, except for people like me looking for killer real estate deals. No new homes will be built until the inventory of foreclosed homes is sold.

The bonus is that the park is basically all ours, all the swings, tables and grass field. It’s cool cause it’s like a 2 minute walk from our front door, with an amazing view of Las Vegas, especially at night time.

Las Vegas was the hardest hit area in the USA for foreclosures, hence the amazing deals on real estate down here. And the deals are STILL coming .

Looks like the wild west all over again, tumble weed and all…

These places were supposed to sell for the low $200,000 range still a nice price if you ask me.

vacant land, all divided up with sewers in place, stop signs and street, but no homes….

street lamps with no homes, weird…

cul de sac and still no homes…

community pool on the left, all locked up with not a single soul in sight.