Here are the stats…
- US loan delinquency rate at 7.03%
- Month-over-month decline by 1.06%
- Year-over-year decline by 11%
- Foreclosure starts at 186,000 with foreclosure sales/liquidation at 98,000
- 55% of Nevada loans are under water. Leading the nation.
For more information on buying or selling in the Reno/Sparks market contact Ricky at (775) 750-1437 or Ricky@Resnv.com.