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Nevada Leads In Foreclosure Filings

LAS VEGAS (AP/KXNT) — Nevada’s foreclosure rate has topped the nation for a second month, following a brief hiatus from the state’s five-year reign as foreclosure king.

Statistics released Thursday by RealtyTrac show nearly 3,227 homes received some sort of foreclosure filing in April, down 15 percent from March and down 17 percent from last April.

But the number of properties entering the foreclosure process is up. Analysts say nearly 1,900 homes received an initial notice of default, which is a 40 percent increase from last year.

One in every 360 Nevada properties received some sort of foreclosure filing in April.

Compared to other U.S. cities, Las Vegas ranked fifth with one in 302 housing units receiving a foreclosure filing.

Copyright 2013 The Associated Press.

  • http://financialnewsone.com/nevada-tops-in-foreclosure-filings-cbs-local/ Nevada Tops In Foreclosure Filings - CBS Local | Financial News OneFinancial News One

    […] Nevada Tops In Foreclosure FilingsCBS Local(Las Vegas, NV) — Nevada leads the nation in foreclosure filings for the second month in a row. RealtyTrac reports one out of every 360 housing units in the state had a foreclosure-related filing in April. Although it is down 15-percent from March and …Despite Overall Decline, Foreclosures Increasing In Judicial…Mortgage News DailyNevada foreclosure rate is 1st in nation in AprilKRNV My News 4Foreclosure Starts On The Rise In CaliforniaCapital Public Radio NewsChicago Tribune -Bloomberg -USA TODAYall 41 news articles » […]

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