December 2013 Reno/Sparks Foreclosure Statistics

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