Number of Nevada Short Sales Up 86% in 2012 - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Number of Nevada Short Sales Up 86% in 2012

Posted: Updated:

The number of short sales in Nevada has jumped 86% in a year, while the number of foreclosures has dropped significantly.

A report released Thursday by RealtyTrac shows there were nearly 35,000 foreclosure sales in 2012, which is down 36% from a year before. Foreclosure sales accounted for nearly 38% of all home sales in 2012, down from a peak of 60% in 2010.

Meanwhile, short sales are gaining steam in Nevada faster than in any other state. They accounted for 33% of all Nevada home sales in 2012.

RealtyTrac reports that foreclosures and short sales combined accounted for 43% of all home sales in the country last year.

(Copyright 2013 The Associated Press. All rights reserved.)

  • Today's Top StoriesMore>>

  • Aces Thump River Cats to Pull Even

    Aces Thump River Cats to Pull Even

    Friday, August 29 2014 3:11 AM EDT2014-08-29 07:11:56 GMT
    The Reno Aces jumped out to a second-inning 8-0 lead and went on to a 9-4 win over the Sacramento River Cats Thursday night at Raley Field. More >>
    The Reno Aces jumped out to a second-inning 8-0 lead and went on to a 9-4 win over the Sacramento River Cats Thursday night at Raley Field. More >>
  • Reno Police Shoot Robbery Suspect

    Reno Police Shoot Robbery Suspect

    Monday, September 1 2014 2:58 AM EDT2014-09-01 06:58:19 GMT
    Multiple agencies are investigating after an armed robbery suspect was shot and killed by police in front of a Reno casino Sunday evening. More >>
    Multiple agencies are investigating after an armed robbery suspect was shot and killed by police in front of a Reno casino Sunday evening. More >>
  • Aces Win to Force Winner Take All Game on Labor Day

    Aces Win to Force Winner Take All Game on Labor Day

    Monday, September 1 2014 2:09 AM EDT2014-09-01 06:09:23 GMT
    The Reno Aces used a pair of home runs and a dominant relief performance by Bo Schultz to grab a decisive 7-3 win over the Sacramento River Cats Sunday night at Raley Field.More >>
    The Reno Aces used a pair of home runs and a dominant relief performance by Bo Schultz to grab a decisive 7-3 win over the Sacramento River Cats Sunday night at Raley Field.
    More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and Sarkes Tarzian, Inc. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.