Foreclosure Stats for April 2013

Ticor Title sent out the updated historical foreclosure stats up to April 2013.

You can view the graph by clicking the picture to the right.

Below is an overview:

• NODs (Notice of Default) inched up to 287
• NOSs (Notices of Sale) were down a bit but still higher than the past 9 months
• TDs (Trustee’s Deeds) stayed about average for the past few months.
• New REO listings went up a few

Overall, pretty expected numbers. The NODs continue to stay in the 200’s so the banks are going ahead and beginning foreclosure before AB300 passes. Hopefully, this adds some inventory in 12-14 months.

For more information on buying or selling in Reno and Sparks contact Broker Ricky Beach at (775) 750-1437 or Ricky@Resnv.com