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Real Estate & Property Law

: The Home Equity Theft Reporter

Condo Developers Stuck Holding Excess Inventory Turning To Renters For "Bailout"?

By r morris

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In Las Vegas, Nevada, KLAS-TV Channel 8 reports: The condo craze exploded in the Las Vegas valley just a few years back, but now with the foreclosure crises, people aren't buying into condos when housing prices are so low. It leaves condos floundering with too much inventory.When you look at big condo projects like Loft 5, it probably does not occur to you that there is any option other than to

Full post as published by The Home Equity Theft Reporter on January 17, 2009 (boomark / email).

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