After five straight months in the number two position, Nevada once again leads the nation in foreclosure starts.
Home prices in the Las Vegas area are up 7.3 percent from a month ago and nearly 31 percent from last year as supply stays short.
A growing number of homes in Nevada are being sold for less than what’s owed on them.
An ambitious robosigning prosecution against two employees of a mortgage loan processing service has been derailed, after a judge dismissed all 306 counts against the defendants.
Southern Nevada’s housing market started 2013 in much the same way it ended 2012, with rising prices and a tight supply.
Las Vegas ended 2012 in the top 20 for foreclosure rates, despite major improvements.
A new relief plan for Nevada homeowners will be announced next week.
Sales of foreclosed homes continue to decline in Nevada, while lenders were more willing to agree to short sales.
Between January and October, the Las Vegas constable’s office has served just over 17,000 eviction notices. That’s down from nearly 37,000 evictions in 2011.
Las Vegas continues to lead the nation in underwater mortgages, but the situation is improving.