Las Vegas’ foreclosure rate dropping, still among highest
Las Vegas’ foreclosure rate kept sliding last month but remained among the 20 highest in the nation.
One in every 992 homes in the Las Vegas area received a foreclosure-related filing in April, down 28 percent from March and 32 percent from April 2016, according to a new report from housing tracker Attom Data Solutions.
The Irvine, California-based company counts default notices, scheduled auctions and bank repossessions.
Las Vegas’ rate was 18th highest among 200-plus metro areas listed in the report. Atlantic City topped the list, with one in every 237 homes receiving foreclosure papers.
Nationally, one in every 1,723 homes was hit with a foreclosure filing last month, down 7 percent from March and 23 percent from a year ago.
Last month, the U.S. rate reached its lowest level since November 2005, Attom reported.
Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342. Follow @eli_segall on Twitter.