Local foreclosure rate down for second month in row
The number of Clark County homes in foreclosure declined 54 percent between May 2011 and May 2012.
Thursday, May 17, 2012
The number of Clark County homes in foreclosure declined 20.5 percent from March to April, and also dropped more than 43 percent from April 2011, according to a report issued Wednesday.
California-based RealtyTrac, which tracks foreclosures across the nation, reported 170 houses in some stage of foreclosure last month, down for the second month in a row. Clark County’s foreclosure rate in April was the third-highest rate of the state’s 39 counties.
Nationwide, April foreclosures decreased 5 percent from the previous month and were down 14 percent from April 2011. One in every 698 U.S. housing units had a foreclosure.
In Washington, one out of every 1,581 houses was in foreclosure in April, RealtyTrac reported. In Clark County, one out of every 985 homes was in some stage of foreclosure.
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