Foreclosures Up 57% YOY But Remain Far From Pre-Pandemic Levels

Foreclosures Up 57% YOY But Remain Far From Pre-Pandemic Levels

ByTMN Editor Reading Time: 2 minutes

Foreclosures have now risen more than 50% YOY as filings edge closer to pre-pandemic levels, according to ATTOM’s October 2022 U.S. Foreclosure Market Report. A total of 32,376 properties had foreclosure filings in October, up 57% from a year ago. But month-to-month, foreclosures only rose by 2%. Foreclosures continue to climb steadily toward pre-pandemic levels…

Foreclosures Activity Hits Record Low
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Foreclosures Activity Hits Record Low

ByTMN Editor Reading Time: 2 minutes

ATTOM Data Solution’s Year-End 2021 U.S. Foreclosure Market Report found foreclosure filings dropped 29% from 2020 and were down 95% from a peak of nearly 2.9 million in 2010. It is the lowest level since ATTOM began tracking filings in 2005. Properties with foreclosure filings–default notices, scheduled auctions, and bank repossessions– made up 0.11% of…

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