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Distressed home sales up in Nevada

By
Real Estate Agent with Dickson Realty, Reno,NV

Nevada continues to have the highest share of foreclosure related sales in the country. Distressed sales accounted for 53% of all residential sales in Nevada in January to March. Nationwide the ratio was only 28% of residentiall sales were distressed sales. It is however down from the first quarter of 2010 which was 58%.