Las Vegas pre-foreclosure filings drop in April

Las Vegas real estate market is doing all it can to shake off the jitters that have bothered it for a long time. Since it took a while to get buried this deep into the housing and mortgage mess, it'll likely take at least as long to completely wiggle out of it. That's just the way it is. Nothing is going to happen overnight.

Another positive foreclosure statistic was released this week. The California online research shop Foreclosures.com reports that Clark County, more or less Southern Nevada, logged 4,426 pre-foreclosure filings in April. This figure is a sizable decrease from the record March filings of 6,152, a very welcome development.

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