Las Vegas Real Estate Blog

There’s some good and bad news regarding foreclosures. The good news is that the number of properties entering the foreclosure process dropped 10 percent in April from the previous month. The bad news is that it was still up 33 percent from the same month a year ago.

Nevada documented one foreclosure filing for every 172 households. This represented a 157% change from a year ago at the same time.

Overall, the report by RealtyTrac found that Georgia, Colorado and Indiana posted the highest quarterly foreclosure rates. Texas, Florida and California reported the most first-quarter foreclosures.

For more information, contact MillionSaverHomes.com a local Las Vegas real estate broker at 702.212.3513

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This entry was posted on Wednesday, May 17th, 2006 at 1:50 pm and is filed under Las Vegas Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.