According to the reports of CoreLogic, the latest 90-day mortgage delinquency rate in March was recorded at 22.2 percent in the Las Vegas area, up from 21.4 percent in February. The rate went up monthly for more than one year. As recorded last March 2009, 14 percent of homeowners were delinquent for 90 days or more. If the trend remains unchanged, that wouldn’t mean a negative effect for the state’s real estate market, which has been at odds due to the high unemployment rate.

Foreclosure filings were even in contrast to April 2009, but the rest of US experienced 27 percent decline. According to the real estate experts, the total amount of delinquent real estate in their mortgage payments constantly went up in the Las Vegas valley, and banks has foreclosed a large number of homes across Las Vegas in April compared to its recorded foreclosures last March. Las Vegas, which had one filing for every 69 households as recorded last April, had increase filing totaling to 10 percent last month when almost all of the US states have experienced a 12 percent decline.