KLAS-TV Channel 8 News Las VegasNevada Leads Nation for 22nd Month in Foreclosures

Nevada Leads Nation for 22nd Month in Foreclosures

Updated:

Nevada posted the nation's highest rate of foreclosures for the 22nd consecutive month, according to a RealtyTrac report.

One in every 74 homes in the state received a foreclosure filing last month.

RealtyTrac estimates that by the end of the year, more than 1 million bank-owned homes will be on the market, representing around a third of all properties for sale in the U.S.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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