2012-11-28 —

Las Vegas (SPCSLV), the center of the U.S. housing speculation and collapse that sparked a global financial meltdown, is again enticing buyers after a 62 percent price drop, the steepest of any American city. Demand has intensified among investors such as Blackstone Group LP (BX), the world's largest private-equity firm, as well as families like the McCuistions who are climbing back up the property ladder as Nevada's supply of bank-owned property tumbled the most of any state, CoreLogic Inc. data shows.

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