FILE - In this Dec. 2, 2011 file photo, realty sign is posted in front of home in The Lakes neighborhood in Las Vegas. Nevada just ended its five-year reign as foreclosure king of the nation, relinquishing the title to Florida in 2012. Home prices shot up 24 percent in Las Vegas in one year, and buyers are in outright wars to get a piece of tight inventory that’s shriveled to a five-week supply. (AP Photo/Isaac Brekken, File)
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FILE - In this Dec. 2, 2011 file photo, realty sign is posted in front of home in The Lakes neighborhood in Las Vegas. Nevada just ended its five-year reign as foreclosure king of the nation, relinquishing the title to Florida in 2012. Home prices shot up 24 percent in Las Vegas in one year, and buyers are in outright wars to get a piece of tight inventory that’s shriveled to a five-week supply. (AP Photo/Isaac Brekken, File)
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In this Thursday, Oct. 11, 2012, photo, Ford Smith works on a new home under construction in Chicago. Confidence among U.S. homebuilders rose in October to its highest level in six and a half years, driven by strong demand for newly built homes and growing optimism that the housing recovery will strengthen next year. (AP Photo/Nam Y. Huh)
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In this Wednesday, Oct. 3, 2012 photo, shuttle technician Joe Walsh looks through a hatch of the space shuttle Atlantis at the Kennedy Space Center in Cape Canaveral, Fla. Atlantis isn't going far to its retirement home at Kennedy Space Center's main tourist stop. But it might as well be a world away for the workers who spent decades doting on Atlantis and NASA's other shuttles. Those who agreed to stay until the end - and help with the shuttles' transition from round-the-world flying marvels to museum showpieces - now face unemployment just as so many of their colleagues did over the last few years. (AP Photo/Marcia Dunn)
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Spectators cheer as President Barack Obama addresses the crowd at a rally at St. Petersburg College's Seminole Campus on Saturday, Sept. 8, 2012 in St Petersburg, Fla. (AP Photo/The Tampa Bay Times, Will Vragovic, Pool)
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President Barack Obama greets patrons during an unschedule stop at Gator's Dockside, Saturday, Sept. 8, 2012, in Orlando, Fla. (AP Photo/Pablo Martinez Monsivais)
Nev. foreclosure rate is 2nd in nation in January
LAS VEGAS (AP) —
Nevada's
foreclosure rate remains second in the nation even though activity dropped significantly year-over-year.
RealtyTrac reports Thursday that Nevada's January foreclosure rate is down 43 percent year-over-year, but down less than 1 percent compared with December.
One in every 344 properties in Nevada saw some sort of foreclosure filing last month. That rate was behind only Florida.
Nevada's numbers are similar to the national foreclosure trend for the month of January. RealtyTrac reports foreclosure filings nationwide were down 7 percent from December, and down 28 percent year-over-year.
The report also notes Las Vegas has the sixth-highest foreclosure rate among U.S. metropolitan areas with 200,000 people or more.
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