Pressure from lenders leads to more foreclosure filings in Nevada

Two foreclosed and unoccupied homes in the 4500 block of East Sun Valley Drive sit across from each other Dec. 15, 2011.

Nevada’s foreclosure woes remained among the worst in the nation last month as lenders ramped up pressure on delinquent borrowers, a new report shows.

One in every 587 homes statewide received a foreclosure-related filing in July, up 15.4 percent from June and 9.5 percent from July 2014, according to RealtyTrac.

Nationally, one in every 1,057 homes received a foreclosure filing, up 6.7 percent from June and 14.1 percent from a year ago.

Nevada had the fourth-highest foreclosure rate in the country in July, behind Florida, Maryland and New Jersey.

For the report, RealtyTrac counts notices of default — which start the foreclosure process — as well as scheduled auctions and bank repossessions.

In Nevada, creditors seized 419 homes last month, down 1.6 percent from June but up 64 percent from last July.

They also started the foreclosure process on 922 homes, up 18.5 percent from June but down 11 percent from a year ago.

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Real Estate

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