reno real estate market stats
When Is The Wave Of Foreclosures Coming?
Shadow inventory continues to loom over the Reno/Sparks real estate market as AB 284 wears thin with banks. Banks are starting to figure out how to to get through the “personal knowledge” part of the bill and defaults are starting to rise. Ticor Title foreclosure statistics (picture below) show that the notice of defaults, notice […]
Are home owners still defaulting?
LPS came out with their July stats for loan delinquencies.. Article here. There’s some good information but I’ll just highlight the biggies. Link to the actual data at the bottom. 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 […]