until it finishes, people are dancing, Newman said. Newman said people start lining up to get in about 3:30 p.m.įrom the time the band starts at 6 p.m. “Then we get walk-ins from people in the hotel.” “I would say about 80 percent of the audience (are regulars),” Newman said. The band’s manager, Howie Newman, said Deja Vu has quite a following and sees about 300 people at each performance. Wednesdays at the South Point, 9777 Las Vegas Blvd. You’re nothing without your fans.”ĭeja Vu plays at 6 p.m. “But without your fans, you’re just a great singer. “You could be the greatest singer in the world,” said Dennis Wise, the band’s lead male singer. It was followed by Pennsylvania, at 253 Ohio, at 250 New York, at 205 and Texas, at 191.For the members of Deja Vu, the weekly show and dance band that plays Wednesday nights at the South Point, nothing is more important than their fans, who they consider to be part of the family. In August of this year, Illinois had the most completed foreclosures, at 324. “That was a positive sign for the housing market.” “The change in total foreclosure filings, measured year over year, has improved almost every month since December of 2022,” Barber says. That led to more homeowners receiving foreclosure notices last year as moratoriums expired. It ended in 2021 but was extended by many states. The moratorium was put into place in the early days of the COVID-19 pandemic, in which millions of Americans quite suddenly lost their jobs. The year-over-year drop is likely due to the ending of the federal moratorium suspending foreclosures. That was an increase of 1% from July but about 15% below the same time last year. Nationally, about 3,350 homes were repossessed by lenders in August. Where are the most homes being repossessed? It was followed by Fayetteville, NC, at 5.9% Peoria, IL, at 5.7% Las Vegas, at 5.6% and Jacksonville, NC, at 5.4%. In August, Columbia, SC, had the highest foreclosure rate, at 6.8%, of any metropolitan area with at least 200,000 residents. Each of the top five states had about a 4% foreclosure rate, according to ATTOM’s data. It was followed by Illinois, with 1 in every 2,433 homes South Carolina, with 1 in every 2,506 New Jersey, with 1 in every 2,585 and Delaware, with 1 in every 2,618. One in every 2,224 homes had a foreclosure filing in the state in August. Nevada, one of the states hardest hit in the late-2000s housing crash, had the highest foreclosure rate in the nation. All those forces give households more resources and greater incentive to do whatever they can to avoid losing their homes to foreclosures.” Which places have the highest foreclosure rates? “That makes sense, given positive economic measures like low unemployment, declining consumer price inflation, elevated homeowner equity, and an improving stock market. “The improving pattern in annual changes strongly suggest that a wave of foreclosures is not on the horizon, and the market has escaped dire predictions of huge foreclosure spikes after an estimated 2 million homeowners fell behind on their loans during the early part of the pandemic,” Barber says. That’s kept prices strong and is expected to do so even as foreclosures trickle onto the market. Most will even walk away with some cash.Īnd unlike the last crash, there are now more buyers than there are homes for sale. Today’s buyers are financially stronger and less likely to default on their loans.Įven if they lose a job and can’t pay their mortgage, many will be able to sell their home before a foreclosure is completed. In the aftermath of the housing bubble, lenders have tightened the qualifications needed for borrowers to receive a loan. However, real estate experts don’t anticipate another wave of foreclosures in Nevada-or anywhere else in the country. The housing market took years to recover after the influx of these vacant homes in the state. The state emerged as a flashpoint during the Great Recession, becoming one of the hallmarks of the foreclosure crisis. Either way, it is certainly a trend to watch in the coming months.”įoreclosures were particularly high in Nevada. Or, it could have been simply a timing thing, with banks and other lenders pursuing an accumulated batch of cases in August. “That could have been due to a jump in homeowners falling behind on their mortgages. “For sure, foreclosure activity across the United States was up from July to August of this year,” ATTOM CEO Rob Barber says in a statement.
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