Alert
Close

   

Enter the Family Fun Travel Sweepstakes. No purchase necessary. See official rules

Highlights

Close
Military and Veterans Discount

Contests and
Sweeps

Enter the AARP Family Vacation Photo Contest

No purchase necessary. Ends 5/31/15. See official rules. 

 

Free AARP E-Books

Protecting Yourself Online for Dummies

Here's the mini guide you need to steer through the hazards with confidence.

Learn More

You Could Choose Your Dream Vacation

FREE FUN!

AARP Games - Play Now!

             

AARP Staying Sharp: Keep Your Brain Healthy

News & Politics Forums

Share your opinions on news and current events that matter most to you.

Join the discussion »

AARP Auto Buying Program

MOST POPULAR

Viewed

50-Plus Voters and the Housing Market

Nevada residents feel the impact of sinking home values and ponder campaign promises

Jim and Amy Watt, both in their 60s, are trying to hang on to their Henderson home. "When we moved out here, I thought, 'This is our last home. We're going to die here,' " said Jim Watt. But the housing crisis has put that assumption in question. Worse, he said, so many homes in their neighborhood had fallen to foreclosure that everyone's property values dropped further. "I ain't moving, no," Amy said, grasping paperwork she hopes will help them fight foreclosure.

But like Amador and others at the seminar, they wonder how their bright vision for the future dimmed so quickly — and what their next president can do about it.

Two of every three Nevada homeowners owe more than their homes are worth, nearly three times the national average.

Michael Mooneyham, 59, is one of them. A resident of Henderson's Sun City Anthem community, he doesn't believe that helping banks is the answer. They were bailed out in 2008, Mooneyham said. His answer today: "Do a onetime bailout [for] the people of the United States."

His is a common attitude here, particularly among those who feel they have been misled by financial institutions. Other Nevadans place the blame on buyers. "Some people bought beyond their means," said Joe Madrid, 77, a Republican and a retired electrical engineer living in Henderson.

Regardless, said Barbara Buckley, executive director of the legal aid center that led the seminar, "we're ground zero in the foreclosure crisis." And Nevadans are still waiting for help as November draws closer.

Share your thoughts: Government & Elections message board.

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

Visit the AARP home page every day for great deals and tips on keeping healthy and sharp.

Advertisement

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

member benefit aarp financial service auto insurance

AARP® Auto Insurance Program from The Hartford offers members no-cost quotes.

membership benefit financial college aarp

Advice on saving for education from AARP® College Savings Solutions from TIAA-CREF.

AARP Credit card from Chase

Members can earn 3% cash back on purchases with the AARP® Credit Card from Chase.

Member Benefits

Join or renew today! Members receive exclusive member benefits & affect social change.

Advertisement