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Reno NODs Up 38% from Last Month

By
Real Estate Agent with Keller Williams Group One, Inc.

After rocketing skyward for a couple years Notices of Default in Washoe County finally peaked in April of this year at 457 NODs.  In the five months following April's peak, NODs began trending downward slightly.  For example, September's 422 NODs represented an 8% decline from April's peak. 

Well, I suppose good things can't last forever.  Washoe County Notices of Defaults took a HUGE jump in October.  The 582 NOD's filed in October represented a month-over-month increase of 38%! 

See all the numbers here.