KXNT_35x90 cbssports1140-horizontal-small

News

Nevada Foreclosures At 69 Month Low

View Comments
(photo: ROBYN BECK/AFP/Getty Images)

(photo: ROBYN BECK/AFP/Getty Images)

tate south Tate South
Email Tate at tate.south@cbsradio.com
Read More

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

(Irvine, CA)  —  Foreclosure filings are down in Nevada.

RealtyTrac reports the Silver State had one filing for every 158 homes between July and September, down more than 71% from a year ago.

Nevada now has the sixth-highest foreclosure rate in the nation, thanks in part to a new state law that has slowed down the process.  RealtyTrac says it now takes 520 days to complete a foreclosure in Nevada, up 42% from last year.

Florida had the highest foreclosure rate in the third quarter, followed by Arizona and California.

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,007 other followers