Thank you for sharing!

Your article was successfully shared with the contacts you provided.

IRVINE, CA-Nevada posted the nation’s highest state foreclosure rate for the second month in a row in April, despite a 15% monthly decrease in foreclosure activity, according to RealtyTrac, an online marketplace for real estate and foreclosure data. The state reported one in every 360 units with a foreclosure filing during the month—more than twice the national average.

As GlobeSt.com reported earlier this week, Daren Blomquist, VP of RealtyTrac, said in a prepared statement that in Nevada and Washington, “foreclosure starts have been increasing on an annual basis since late 2012,” while in Oregon and California, “foreclosure starts are still down from a year ago but have been moving steadily higher in recent months.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.