With the number of foreclosures in the U.S. on the rise, Nevada has the dubious distinction of leading the way. Of the 179,599 foreclosures reported nationwide during July, Nevada’s share was was 5,116 filings - that is one filing for every 199 households. To put that in perspective, the national foreclosure rate is one for every 693 households.

You can read the entire story here.

This entry was posted on Wednesday, August 22nd, 2007 at 9:04 am and is filed under Economy, Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.