Did Nevada have the highest foreclosure rate in the nation in August 2023?
By Carly Sauvageau
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YES
ATTOM, a leading curator of real estate data, released a report ranking Nevada the top state for foreclosures in August, a jump from last quarter's ranking of eighth.
One in every 2,224 housing units in Nevada had a foreclosure filing. In Las Vegas, one in every 1,796 households had a foreclosure filing.
Although foreclosure filings were up 7% in August compared with July, housing experts don’t anticipate foreclosures to continue to climb in Nevada or anywhere else in the country.
“That [wave] could have been due to a jump in homeowners falling behind on their mortgages. Or, it could have been simply a timing thing, with banks and other lenders pursuing an accumulated batch of cases in August,” ATTOM CEO Rob Barber said in a statement.
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