Posts Tagged ‘las vegas’
Failure Fridays: Two More Banks Go Under
Friday, February 27, 2009 21:52 No CommentsSecurity Savings Bank: 16th Bank Failure of 2009
Security Savings Bank of Henderson, Nevada was closed by regulators Friday, marking the 16th bank failure of 2009. The Federal Deposit Insurance Corporation said the failed bank’s deposits have been assumed by Las Vegas-based Bank of Nevada. Security Savings Bank had $238.3 million in total assets and $175.2 [...]
Home Prices Plunge 18.5%; Another New Low
Tuesday, February 24, 2009 8:31 1 CommentThe Standard & Poor’s/Case-Shiller home price index reports that the price of single family homes dropped 18.5% in December versus the same time the previous year.
The declines are accelerating. The Case-Shiller index of 20 metropolitan areas fell 2.5 percent in the month of December alone, compared with a 2.3 percent decline in the previous period.
Since [...]
