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Are 98% of the Henderson, NV area homes for sale in foreclosure?

From reader Andy D:

NUMBER OF HOMES  SALE TYPE       % OF TOTAL
2349             PREFORECLOSURE  45.8%
1018             AUCTION         19.8%
1618             BANK OWNED      31.5%
   7             GOVT OWNED       0.1%
  19             FSBO             0.4%
 121             RESALE           2.4%
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5132 TOTAL