HOA Foreclosures Tied to More than $1 Billion lost Reno, Vegas Home Values

Reno Gazette-Journal, July 5, 2017–Jason Hildalgo
A Nevada Association of Realtors report said homeowner association-initiated foreclosures in Reno and Las Vegas totaled more than $1 billion. The Mortgage Bankers Association said such foreclosures result in higher loan fees, interest rates and down payments.