ForeclosureRadar, a provider of information on properties in every phase of the foreclosure process, has released its Foreclosure Report for August 2012, and Nevada is one of the states featured in the report.
The August report shows foreclosure starts are down dramatically across the Western states, with Foreclosure Radar’s CEO saying…
We continue to see reports that there will be a wave of foreclosure sales after the election or at the start of the year,” stated Sean O’Toole, Founder & CEO of ForeclosureRadar. “The lack of Foreclosure Starts this month puts a nail in the coffin of this theory. There will be no wave of foreclosures for at least five months. The good news for investors and first-time buyers is that Foreclosure Sales have at least remained flat or slightly up, continuing to provide some opportunities in the meantime.
Check out The Foreclosure Report – August 2012 and be sure to check out the link that allow you to drill down on foreclosure stats by county, city or ZIP.