Foreclosures in Las Vegas are actually on the decline, and Las Vegas is no longer number one in foreclosures nationwide. But that may be deceptive. A Nevada law that went into effect in October is the reason those foreclosures are down. But some in the industry say this is just slowing down the inevitable. We'll look to see what Las Vegans are doing now with their undervalued properties and ask if there are any silver linings.
John Restrepo, principal, Restrepo Consulting Group
Thomas Blanchard, broker and owner, REO Asset Services, First Realty Group