Foreclosures on the downswing in Las Vegas, report shows

Yasmina Chavez

Foreclosure notices decorate the front door and windows of an abandoned home in North Las Vegas, Tuesday, June 14, 2016. This house sold for $315,000 in June 2006.

Foreclosures slowed in Las Vegas during the first half of the year, but lenders still targeted delinquent homeowners more often here than in most metro areas, a new report shows.

One in every 133 homes in the Las Vegas area was hit with at least one foreclosure filing from January through June, down 10.1 percent from the same period in 2015, according to RealtyTrac.

Activity also slowed nationally, and overall, Las Vegas’ foreclosure rate was 11th highest among large metro areas.

Atlantic City was No. 1, with one in every 54 homes hit with filings, RealtyTrac reported.

Among states, Nevada’s foreclosure rate was fifth highest, behind New Jersey, Maryland, Delaware and Florida.

RealtyTrac, based in Irvine, Calif., counted default notices, scheduled auctions and bank repossessions for the report.

Real Estate