After backing off for a while, banks ramped up the pressure on delinquent Nevada homeowners last month, seizing more homes and starting the foreclosure process on more people, a new report shows.
One in every 495 homes statewide received a foreclosure-related filing in January, up 38 percent from December and 8 percent from a year ago, according to RealtyTrac.
Nevada had the second-highest foreclosure rate in the country last month, behind Florida.
Nationally, one in every 1,102 homes were hit with a foreclosure filing, RealtyTrac reported.
Filings include notices of default, scheduled auctions and bank repossessions.
Nationwide, lenders started the foreclosure process on fewer people last month but seized more homes. In Nevada, however, they increased both.
In January, there were 1,009 filings statewide — almost entirely comprising default notices — to start the foreclosure process, up nearly 11 percent from December and 255 percent from a year ago.
Creditors also seized 698 homes in Nevada last month, up 125 percent from December and almost 29 percent from a year ago, RealtyTrac found.
Last year, Nevada had the fifth-highest foreclosure rate in the nation, with one in every 76 homes receiving a foreclosure filing.
That was down 38 percent from 2013 and 51 percent from 2012, according to RealtyTrac.
Creditors started the foreclosure process on almost 9,000 homes in Nevada last year, down 49 percent from 2013, and seized about 4,100 homes, down 37 percent.