Foreclosure sales accounted for 43% of all home sales in Nevada in the second quarter, tying Georgia for the highest percentage in the nation.
The findings released Thursday by RealtyTrac come even though Nevada is seeing a drop in overall foreclosure activity.
Nevada saw almost 9,700 foreclosed homes sell between April and June, which is down about 25% from the first three months of the year and down almost 33% from the second quarter of 2011.
The average foreclosure sale price in Nevada was just under $125,000.
RealtyTrac officials say that nationally, foreclosures are rising as a percentage of total sales, even though the raw number of foreclosure sales is down. Officials say short sales are becoming more common and catching up to bank-owned sales. (AP)
