Nevada Foreclosure…there’s that “F” word again!!!
Nevada ranks number one again in the percentage of increase in foreclosures. Foreclosures for the third quarter of the calendar year were up 33.9% from the previous quarter and 212% over the previous year. I say we are NOT going to come out of this by Spring. Anybody care to wager? Just kidding. Nevada is leading the pack with 1 in every 61 homes in foreclosure. But, don’t think this is an isolated trend. There were only three (that’s 3) states that did not report an increase in forclosures for the same quarters. Those are Oklahoma, Louisiana and Utah. Hmmm…Utah’s not so bad, and it’s not far away…NAH, there’s no place like Vegas baby!!!