Commerce CRG, a commercial real estate brokerage company, created this map to analyze the struggling housing market in Las Vegas. The data is classified by the original sale price of the home. The foreclosure data is based on preforeclosure activity homes in danger of foreclosure. The map was created for the company's commercial real estate agents in Las Vegas to provide a visual representation of areas most affected by foreclosure.
Foreclosures generally have a negative effect on the commercial real estate market because residential slowdowns affect retail sales and industrial uses. Commerce CRG analyzed foreclosures as a way to identify landowners in the larger clustered developments and help them sell. The process also enabled agents to assist commercial property owners facing foreclosure.
Courtesy of Commerce CRG.
Map Book Page [PDF]
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Ben Teran
Salt Lake City, Utah, USA
ArcGIS Desktop 9.3
HP Designjet 4000
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