Reno/Sparks Foreclosure Stats For September 2014

Real Estate Agent with Keller Williams Realty Group One Inc.

ForeclosuresThanks to Erin Schiller and Ticor Title for the updated foreclosure statistics.

You can view the whole report through this link, September Foreclosure Stats, or by clicking on the picture.

Below are the main points...

  • Notice of Default (start of foreclosure) rose by 11 to 132. Nothing major.
  • Notice of Sale (telling the owner it's about to be foreclosed on) dropped by 19 to 79. Nothing major.
  • Trustees deed (it was foreclosed on) went up by 7 to 48. Nothing major.
  • New REO properties went up by 1 to 27. We haven't topped 50 new REO properties in a month since October 2012. For reference, there were 181 in September of 2011.

Overall, the distressed market won't be coming back in the near future. Especially, since banks don't like foreclosing during the holidays. Something about not wanting to be known as the guys who kicked a family out on Christmas Eve.

For more information use my sites below or contact me at (775) 393-9601 or  


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate Market Trends
Nevada Washoe County Reno

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Ricky Beach

Reno Broker/Salesperson/Realtor
Ask Me A Question
Spam prevention

Additional Information