Fewer Foreclosure Filings
There were fewer foreclosure filings in Nevada last month, but the Silver State is still tops in the nation for foreclosure rates. According to the online firm RealtyTrac, Nevada had just over 11,000 foreclosure filings in May, down 6% from April. Arizona ranked second for foreclosure rates, followed by California, Michigan and Utah.
Las Vegas remains the top major city for foreclosures, and Reno is in fifth place. California has six of the top ten cities for foreclosure rates.