Comments on: Will Vegas Lead the Real Estate Recovery? http://secondhomes411.com/2008/08/01/will-vegas-lead-the-real-estate-recovery/ Blogging about the 2nd Home Lifestyle Wed, 07 Jan 2009 00:18:26 +0000 http://wordpress.org/?v=2.2.1 By: Terri http://secondhomes411.com/2008/08/01/will-vegas-lead-the-real-estate-recovery/#comment-2112 Terri Sat, 02 Aug 2008 03:42:55 +0000 http://secondhomes411.com/2008/08/01/will-vegas-lead-the-real-estate-recovery/#comment-2112 Even though we are told of instances of foreclosure in terms of statistics, to so many, it’s a story of a family member or friend that they know. I’m not sure who to blame - the owner who could’ve taken different actions to avoid foreclosure or the banks and government who do such a poor job of keeping homeowners informed with all their small-print info. It’s a spiral where everyone is chasing and blaming someone else. But one thing that we all can agree on in difficult times like this is that it’s a downward spiral that is collectively drowning us as a whole nation that once was prosperous and less wounded. Even though we are told of instances of foreclosure in terms of statistics, to so many, it’s a story of a family member or friend that they know.

I’m not sure who to blame - the owner who could’ve taken different actions to avoid foreclosure or the banks and government who do such a poor job of keeping homeowners informed with all their small-print info.

It’s a spiral where everyone is chasing and blaming someone else. But one thing that we all can agree on in difficult times like this is that it’s a downward spiral that is collectively drowning us as a whole nation that once was prosperous and less wounded.

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