Half of home buyers in Las Vegas Nevada paid in cash in October. For the most part, these are investors buying up properties. Prices have dropped to 1990's levels, and many homes in the area are selling for below building cost.
In Part Four of the Fronteras Changing America Desk series Beyond Sprawl, Jude Joffe-Block reports some Las Vegas homes are getting attention from buyers from all over the world.
A Las Vegas man has pleaded guilty in federal court to filing hundreds of fraudulent unemployment claims worth millions. From the Fronteras Changing America Desk, Jude Joffe-Block reports the scheme cheated the government of 4-point-4 million dollars.