Expert: Foreclosures to dominate real estate in 2009
Foreclosure filings in Nevada dipped in January, but no one should take that as a sign the housing market is closing in on a recovery.
Nevada continues to hold the top spot in foreclosure filings as a national push is intensifying to do something about the problem.
RealtyTrac posted numbers that show foreclosure filings in Nevada decreased 4 percent in January compared with December, but the total is still 134 percent higher than January 2008.
In January 3,848 homes were foreclosed — 136 more than in December. The reason filings dipped is the 6,064 notices of default filed against homeowners was 402 fewer than in December.