Foreclosures Fall in the Reno-Sparks Area


The number of foreclosures fell, according to this report from channel 2, KTVN.  They attribute the improvement to the banks actually getting their act together.

Experts say banks are doing a better job of selling houses before they foreclose. "In the beginning, I think the banks weren't prepared for what happened. So, they're now getting systems in place where they're not taking as long. So, you don't have buyers backing out of them."

For more on foreclosures see The Reno Real Estate Guide.
Advertisements

About rereno

Real estate investor
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s