Nevada has third-highest foreclosure rate
By Eli Segall, Las Vegas Sun
Despite a drop in overall foreclosure filings, lenders have repossessed a rising volume of homes in Nevada compared with last year, keeping the Silver State among the hardest-hit areas in the country.
One in every 236 homes statewide received a foreclosure-related filing in the quarter ending March 31, down 11 percent from the same period last year, according to a new report from RealtyTrac.
Nevada had the third-highest foreclosure rate in the country in the first quarter, behind Maryland and New Jersey.
