Foreclosure rate in Clark County increased in November
Wednesday, December 12, 2012
The number of Clark County homes in foreclosure rose 33 percent from October to November, and also increased 77 percent from November 2011, according to a report issued Wednesday.
California-based RealtyTrac, which tracks foreclosures across the nation, reported 305 houses in some stage of foreclosure last month, the county's first year-over-year increase since February 2011. Clark County's foreclosure rate in November was the fifth-highest rate of the state's 39 counties.
Foreclosures continued to hobble parts of the U.S. housing market in November as well, as lenders adjusted to new ground rules set forth by the National Mortgage Settlement, according to RealtyTrac.
Nationwide, November foreclosures decreased 3 percent from the previous month and were down 19 percent from November 2011.