Welcome to my new post! It is a cold day in December ( at least by Las Vegas standards). Good time to stay warm inside and do some publishing! Below is some information as well as a graph that shows how the foreclosures over the last four years have been distributed throughout the valley.
The last four years have resulted in over 100,000 foreclosures. By most estimates there will be another 100,000 over the next four years. That will result in 36% of all privately held homes in this area lost to foreclosure over that 8 year period. How the foreclosures have been distributed is another matter. Below is a graph showing all the local zip codes. In each zip code you will see two numbers. The first is the percentage. The second is the number of actual homes lost to foreclosure. The zip code with the highest foreclosure rate is 89086 at 33%. The zip code with the lowest foreclosure rate in 89134. 89134 is predominately Sun City Summerlin where most of the residents are retired and many paid cash for their homes
This graph is courtesy of SalesTraq.
