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Clark County Ranks High on Foreclosure List

Diana Heeb Bivona

Clark County ranks 10th in the nation for residential foreclosures according to RealtyTrac. The number of Homes in Clark County being foreclosed on rose 32% from last year. Also, the foreclosures come from all over the county. Homeowners in trouble are not concentrated in one area like North Las Vegas or Henderson.

The spike in foreclosures is being called “significant” by Assistant Clark County Recorder Charles Harvey. Experts blame higher debt and reduced demand for housing as well as the adjustable rate mortgages for the higher number of 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 Thursday, May 25th, 2006 at 3:18 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.

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