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NEW YORK (CNNMoney.com) -- The epicenter of foreclosures shifted to the booming city of Las Vegas at the end of 2007. Seven of the top 100 worst-hit zip codes last December were in the gaming ...
The property was initially unsuccessful, selling only eight units before going into foreclosure. In the late 1990s, Las Vegas was the fastest-growing area in the United States. [2] As a result, five new high-rise condominium projects were being planned for the Las Vegas Valley in 1998, for a total of 12 new condominium towers.
One Las Vegas is a condominium property in Enterprise, Nevada, south of the Las Vegas Strip. [2] It consists of two 20-story towers with a total of 359 condominium units. Construction was underway in 2006, and the towers opened in June 2008. The following year, One Las Vegas entered foreclosure because of low sales, caused by the Great Recession.
The report shows that foreclosure activity increased from 2009 in 149 of the nation's 206 metropolitan areas with a 2010 Foreclosures by City: Las Vegas Still No. 1 Skip to main content
Condominium units went on sale the same day with the opening of a $3 million temporary sales center at the corner of South Las Vegas Boulevard and Fashion Show Drive, in front of the New Frontier. The building was 8,100 sq ft (750 m 2), and featured a 10-foot replica of the tower.
Research from real estate data aggregator Attom shows through the first half of 2024, Nevada was fourth in foreclosures nationwide, with 0.19% of homes in active foreclosure, ranking behind New ...
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