Nevada Still Highest Foreclosure Rate in Nation

RealtyTrac reported Nevada posted the nation’s highest foreclosure rate for the 52nd straight month with 1 in 97 housing units receiving a foreclosure notice in April. The 4,606 home repossessions were the highest number since RealtyTrac began tracking foreclosures in 2005 prior to the real estate collapse.  April REOs outpaced March by 23% and April […]

New Foreclosure Numbers For 1st Half of 2010

Nearly 1.7 million homeowners received a foreclosure-related warning between January and June of this year. That translates to 1 in 78 U.S. homes.  It is projected that more than 1 million homeowners are likely to lose their homes to foreclosure this year as lenders work through a huge backlog of borrowers who are delinquent on […]