Thanks to Ticor Title for the December 2013 foreclosure statistics.
The full report (including market stats) can be viewed by clicking the picture to the right. Below is a brief overview…
- Notices of Default (start of foreclosure) fell to 32.
- Notices of Sale (heading to auction at the courthouse) went up a little to 132.
- Trustees Deeds (sold at the courthouse or back to the bank) fell by 1 to 73.
- New REO listing fell in half to 15.
Summary: More months of no inventory and a lack of good options for home buyers. The seller’s market will continue.
For more information about buying or selling in Reno and Sparks contact me at (775) 393-9601 or Ricky@RickyBeach.com