Nevada leads the nation in foreclosures. In Las Vegas, banks are repossessing record numbers of homes. But the flip side is that for some low-income buyers, home ownership is finally within reach.
Lady Luck has smiled on David Krueger, a waiter at the glitzy Mirage Hotel who earns $13 an hour, plus tips. That’s about $30,000 a year. His partner makes less.
Krueger recently bought a three-bedroom house for $115,000. From some of the windows, he can look west and see mountains. His 15-year-old is a big reason Krueger bought the home.