Nevada led the nation during the second quarter with 65 percent of its homes sold as foreclosures, according to a California research firm.
The nation’s percentage was 31 percent. Arizona was second with 57 percent and California was third with 51 percent.
Third parties purchased 15,685 homes in Nevada during the second quarter, up 24 percent from the first quarter and 31 percent from the second quarter of 2010, RealtyTrac reported.
The average foreclosure sales price in Nevada was $121,862, RealtyTrac reported. Foreclosures sold at a 22 percent discount than those not sold in foreclosure, the firm noted.
Nevada had the biggest quarterly increase in pre-foreclosure home sales during the second quarter, a 43 percent gain. Most pre-foreclosure sales are short sales in which homeowners owe more on the loan than the home is valued.