NODs and Re-Fi's in Washoe County, Nevada - January 2009

Notices of Default spiked big for January. 675 filed NODs in January represents a 17% increase over December’s number of NODs, and is more than double the number of NODs filed for the same period last year. Will it ever stop?

New home sales in January dropped 48% from December’s 83 new home sales. January’s paltry 46 new home sales represents only a third of the number sold last year in January.

Resales also declined a whopping 24% from December’s resales. However the unit number of resales for January 2009 still remains higher than January 2008. January represents the fifth consecutive month of higher year-over-year unit sales.

On another positive note, January re-fis took a big jump; climbing nearly 65% from December’s numbers.

See all the data here.