Nebraska foreclosure rate jumped in April

June 7th, 2008 by Brad Economy, Social Issues, State of Nebraska

Nebraska’s foreclosure rate soared nearly 94% in April from the previous month, and the rate was nearly 95% higher than in April 2007. RealtyTrac says court records show one foreclosure-related filing for every 1,459 households in Nebraska during March.

Nebraska’s rate remains much lower in Nebraska than in many other states. But Nebraska’s foreclosure rate ranked 30th in April, up from 40th the previous month. Nevada had the highest foreclosure rate, with one foreclosure-related filing for every 146 households in the state.

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