Las Vegas Realtor Steve Harless - RE/MAX EXTREME 702.217.1680: Nevada first in preforeclosures

Nevada first in preforeclosures

Foreclosures.com also showed Nevada was No. 1 in real estate owned filings, or properties owned by the lender, at 10,703 through October, or 1.45 per capita. Real estate owned filings climbed to 54,418 nationwide in October, up 24 percent from 43,941 in September.

Clark County had 3,794 preforeclosure filings in October, bringing the year-to-date total to 26,273, which ranks sixth in the nation behind Cook County, Ill. (42,362); Los Angeles County (41,616); Miami-Dade County, Fla., (34,724); Broward County, Fla., (28,210); and Maricopa County, Ariz., (26,937).

Comments

Good post.  How do you find national rankings on Foreclosures.com?  I could only drill to specific cities or counties, and am interested in knowing how my area ranks.

Posted by Stanton Homes - Penny Hull New Home Builders - Raleigh NC Area (Stanton Homes - New Homes in Raleigh NC and Surrounding Area) about 1 year ago
Steve - That is not good news. I am unfamiliar with the Las Vegas real estate market. Do you know what percentage of real estate is owned on speculation alone right now in Las Vegas?
Posted by Ryan Martin - Bellingham Real Estate Agent (Windermere Real Estate / Whatcom Inc.) about 1 year ago

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