Nevada cedes top foreclosure ranking to Florida

Sun file photo

The number of Nevadans who are underwater on their mortgages is down, but only because many have lost their homes to foreclosure, a report says.

After five straight years in the country’s dubious No. 1 spot, Nevada’s foreclosure rate finally dipped in 2012 — to second-worst.

One in every 37 housing units received a foreclosure-related filing last year in Nevada, down almost 57 percent from 2011, according to a report out Wednesday from RealtyTrac.

The Silver State was second to Florida, where one in every 32 homes received a foreclosure filing in 2012. North Dakota ranked 50th with one in every 2,668 homes.

Nationally, one in every 72 homes got a foreclosure filing last year, down 2.7 percent from 2011.

Foreclosure activity jumped in 25 states last year and fell in the others, RealtyTrac said.

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