10/15/2026
HUD PD&R Regional Reports
Sales are slowing. Mortgage distress is edging higher. Are you building the skills to help?
HUD’s Q2 2026 Pacific Region report gives KW Default Solutions agents several numbers worth watching:
🏠 Regional home sales fell 3%.
Nevada sales declined 8%, including a 10% drop in the Las Vegas metro. California sales declined 3%, while Riverside–San Bernardino–Ontario fell 7%.
📊 Mortgage distress increased slightly.
The regional share of seriously delinquent mortgages and bank-owned properties rose from 0.7% to 0.8%.
“Seriously delinquent” means a mortgage is at least 90 days late or in foreclosure.
🔑Some rental markets also softened.
Las Vegas apartment vacancy reached 9.5%, and Phoenix reached 8.8%. Apartment rents declined approximately 2% in both markets.
What should we be doing with this information?
• Reach out early to homeowners facing financial hardship.
• Learn how to assemble a complete short sale package.
• Strengthen your BPO skills with accurate condition photos and supported pricing.
• Help investors evaluate realistic rents, vacancy and repair costs.
• Give sellers a clear pricing and marketing plan.
Conditions vary. Regional average home prices still rose 2%, and the mortgage distress measure remained below the national rate.
Our takeaway: build your knowledge, your systems and your relationships before a homeowner needs your help.
What are you seeing in your market—slower sales, more price reductions or more homeowners asking about their options?
KWDefaultSolutions.com
(Drop us your email, and I can send you the full 9-page analysis)
We have access to all the regions
Source: HUD PD&R, Pacific Region, Q2 2026. Sales comparisons cover the 12 months ending May 2026; mortgage distress figures are for May 2026; apartment figures are for Q2 2026.