Nevada Face of Foreclosure Report

reno ab 284 foreclosureThe Nevada Association of Realtors® published the third installment of the “Face of Foreclosure” reports. Previously published in July of 2009 and 2011 the reports cover many aspects of the foreclosure process including;

  • Reasons for default/foreclosure
  • Public opinion on foreclosure/strategic default
  • Foreclosure stats by area and income range
  • Personal stories

The 2012 report is interesting and worth a read. Serious and non-serious points from respondents include:

  • 45/45 split on morality of strategic default
  • 53% have defaulted due to job loss
  • 36% owned their home for 5 years or less. This is after the predatory lending and ARM loan timelines.
  • 79% said owning a home is still part of the American dream
  • 91% of cellphone users don’t own a land-line. Yet, service providers still try to get us to bundle it.

Click on the picture  to view all the information and compare the changes throughout the years.

Ricky Beach


Renown Real Estate Services

6900 South McCarran Blvd., Suite 3040

Reno, NV 89509

| Office:(775) 313-9600 |  Cell:(775) 750-1437  | Fax:(775) 562-4779  |

|  |  Blog  | Search For HomesForeclosure Help  |

Facebook YouTube Twitter LinkedIn

Posted in Market Update, News and tagged , , , , .

Fatal error: Uncaught Exception: 12: REST API is deprecated for versions v2.1 and higher (12) thrown in /home/content/76/12108376/html/wp-content/plugins/seo-facebook-comments/facebook/base_facebook.php on line 1273