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Las Vegas’ foreclosure rate dropping, still among highest

Updated May 11, 2017 - 1:38 pm

Las Vegas’ foreclosure rate kept sliding last month but remained among the 20 highest in the nation.

One in every 992 homes in the Las Vegas area received a foreclosure-related filing in April, down 28 percent from March and 32 percent from April 2016, according to a new report from housing tracker Attom Data Solutions.

The Irvine, California-based company counts default notices, scheduled auctions and bank repossessions.

Las Vegas’ rate was 18th highest among 200-plus metro areas listed in the report. Atlantic City topped the list, with one in every 237 homes receiving foreclosure papers.

Nationally, one in every 1,723 homes was hit with a foreclosure filing last month, down 7 percent from March and 23 percent from a year ago.

Last month, the U.S. rate reached its lowest level since November 2005, Attom reported.

Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342. Follow @eli_segall on Twitter.

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