Foreclosures continue to rise locally

Smith, Hubble
October 2008
Las Vegas Business Press (10712186);10/20/2008, Vol. 25 Issue 42, p17
The article presents findings of a study on foreclosures in the U.S., as of September 2008, conducted by Foreclosures.com. Findings revealed that foreclosures have nearly tripled in Clark County, Nevada, during the period. It has been noted that foreclosures nationwide rose by 6.6 percent for the month, 25.8 percent for the third quarter and 82.6 percent from 2007. Foreclosures.com President Alexis McGee has predicted that foreclosures could surpass 1 million by the end of the year, and preforeclosures could end up near a record 2 million.


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