Washoe County Notices of Default Set Another Record High

Below are the latest stats provided by our friends at Ticor Title.  January has set another all-time record high for number of NODs in a single month, with 381.  This represents an18% increase over December’s record high of 324 NODs.

Meanwhile, January’s home sales, both new and resale, have set another all-time low.  Click on the charts below to expand.

   

1 comment

  1. CBam

    The NOD chart is a horror show.

    Unless something changes the trends (spring selling season?) we’ll have more NOD’s each month than total home sales.

    One question: Are foreclosures counted in the resales count on the second chart?

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