Debt... It Hits Hardest at Home!

The Largest form of Debt for most people is their Home Mortgage.

 It's nice to see that Nevadans on average have less debt.

But we tend to not pay our Debts.

Nevada leads the Nation in Delinquent Debt.

Most likely because of how hard the Housing Crisis affected us.

America's debt load

Americans hold a majority of their debt in mortgages, considered productive debt. 

But when it comes to not paying bills on time, the South stands out. 

Urban Institute; 1 - Debt in collections: Debt goes into collections after it is more than 180 days past due. At that point, the debt is placed in collections by the original issuer or sold to a third party debt collector. Debt in collections can remain on a person's credit file for up to seven years.

Janet Loehrke, USA TODAY

Nevada Leading the Nation in Appreciation - Relax, It's OK !!!

-  WARNING  -

This is a Recovery - Not a Bubble

We still have a long way to go until Housing Values are where they should be.

Raising Kids in Nevada... Our Report Card

Today in the Newspaper and on the Radio I heard Reporters saying,

"Nevada Schools Rank Dead Last"

They were referencing a Report by The Annie E Casey Foundation.

The Report ranks The Quality of Life for Children in each State.

Nevada Report Card below

Or go to their website www.aecf.org

 

This doesn't mean all of Nevada is bad.

We do have a  lot of Non-English speaking Families.

Their children tend to struggle in school.

There are a lot of families that make minimal incomes.

We are a 24/7 Town. Many people work 2nd and 3rd shift.

These parents are not always around to keep their kids on track.

They are exposed to a lot of bad things.

It's called "Sin City" for a reason.

You can see a big difference in the various areas of town.

When buying a house, better schools and areas demand a higher price.

A Good Realtor can help you find an area for You.