Anyone who lived in the Las Vegas Valley through 2008 remembers how hard the foreclosure crisis hit here. So when headlines say foreclosures are rising, I understand why people get nervous. I was selling homes in Henderson back then, and I can tell you today's market looks very different.
Foreclosures Are Up, but From a Very Low Level
Keeping Current Matters points to ATTOM data showing that completed foreclosures are up about 33 percent from last year. That sounds alarming until you see the bigger picture: foreclosures are still about 26 percent below the first half of 2020, and lenders completed roughly 28,000 in the first half of 2026. During the crash, the country often saw more than 200,000 in just a few months.
The bigger difference is equity. According to Census Bureau and ATTOM data, nearly two out of three homeowners have either paid off their mortgage or have more than 50 percent equity. Only about 2 percent are seriously underwater, compared with nearly one in four homes back in 2010. When owners have equity, a financial setback usually leads to a sale, not a foreclosure.
What This Means in Henderson
Here's what our MLS shows for Henderson single-family homes as of mid-November 2026:
- About 1,790 homes are for sale, and only about a dozen are marked as foreclosures, well under 1 percent.
- About 1,055 homes sold in the past three months.
- That's roughly 5 months of supply, right in the 4-to-6-month range most economists call balanced. During the crash, supply was far higher.
In other words, Henderson has more choice for buyers than a few years ago, but nothing like the flood of distressed homes we saw in 2008 to 2011.
What It Means for You
- Homeowners: know your equity. Most Henderson owners who bought before 2022 have built up significant equity. I'm happy to give you a free estimate of your home's value.
- If you're struggling with payments, act early. Talk to your lender about options, and talk to an agent. With equity, selling on your terms is often far better than waiting.
- Buyers: don't wait for a crash that the data doesn't support. Focus on what you can afford and on today's negotiating room with sellers.
Curious how today's buyers are using their equity? Read who's buying homes with cash in Henderson.
Read the full article from Keeping Current Matters
Bottom Line
A rise in foreclosures from historic lows isn't a sign of another crash. Henderson's supply is balanced and most owners have strong equity. If you have questions about your home or the local market, let's talk.
Market figures are from the MLS as of November 13, 2026, are rounded, and change daily. Photo: TheYearbookTeacher, CC BY 4.0, via Wikimedia Commons.