Foreclosure activity increases in Las Vegas Nevada

Las Vegas is no stranger to foreclosures. Our foreclosure rate has increased in the last six months making foreclosures the major of properties sold. Take advantage of the great prices our down market has created in Las Vegas.

Nevada Statewide foreclosure activity up 23 percent from previous six months

Foreclosure filings up 6 percent in Q2; Up 9 percent in June

Nevada foreclosure activity rose in the first six months of 2009, reporting 68,708 properties with foreclosure filings during the period, a 23 percent increase from the previous six months and 61 percent ahead of the first half of 2008, according to the latest RealtyTrac^® U.S. Foreclosure Market Report. One in every 16 Nevada housing units received a foreclosure filing during the first six months of the year, the highest state foreclosure rate in the nation.

NV Foreclosure Activity July 2009

Nevada has had the fifth highest foreclosure activity. The state trails the leader California with 391,611 properties with foreclosure filings mid year. Second place Florida reported 268,064 properties with foreclosure filings. Arizona came in third with 89,799 properties with foreclosure filings. Illinois came in fourth highest, reporting 68,932 properties with foreclosure filings over the six-month period.

Read the full report at ReatlyTrac

Here is another informative artivle from ReatlyTrac:

1.9 Million Foreclosure Filings Reported on More Than 1.5 Million U.S. Properties in First Half of '09