Nevada Foreclosure Sales Rise Sharply in March

Nevada Foreclosure Sales Rise Sharply in March

Las Vegas Review Journal

Nevada foreclosure sales jumped sharply in March, rising 109.5 percent from February on a daily average basis, Discovery Bay, Calif.-based ForeclosureRadar.com reported TuesdayOne of the reasons foreclosures fell in February was a lower-court ruling against Recon Trust, a major trustee for Bank of America, said Mark Skilling, chief operating officer of ForeclosureRadar. The order was overturned by a federal court in February. "This month, we see a little yo-yo action going on because sales are back up dramatically," Skilling said. "You're kind of back to normal in terms of sales back to the bank."

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