Nevada sees foreclosure rate slide in 2014

A view of homes from a Vegas Balloon Rides craft floating over the western edge of Las Vegas, Oct. 18, 2013.

Foreclosures slowed drastically in Nevada last year, but the state remained one of the hardest hit in the country as banks eased off homeowners nationwide, a new report shows.

One in every 76 homes statewide received a foreclosure-related filing last year, down 38 percent from 2013, according to RealtyTrac.

Filings include default notices, scheduled auctions and bank repossessions.

Nevada had the fifth-highest foreclosure rate in the nation in 2014, behind Florida, New Jersey, Maryland and Illinois, RealtyTrac reported.

Nationally, one in every 118 homes had a foreclosure filing, down 18 percent from 2013.

Creditors started the foreclosure process on almost 9,000 homes in Nevada, down 49 percent from 2013, and seized about 4,100 homes, down 37 percent, according to RealtyTrac.

Real Estate

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