A new report notes that 2023 foreclosure filings were up from 2022 but still below pre-pandemic levels. "Reflecting on 2023, we see the recent rise in foreclosure activity as a market correction rather than a cause for alarm. It signals a return to more traditional patterns after years of volatility," said Rob Barber, CEO at ATTOM.
Read More »1 in 4,300 Homes at Risk of Foreclosure
A monthly report shows that states with the highest number of foreclosure starts include the red-hot real estate markets of California, Florida, and Texas.
Read More »Lessons Learned From the Triumph of Pandemic Foreclosure Prevention
During the pandemic, an estimated 3.2 million foreclosure starts were prevented, along with the completion of approximately 1.5 million foreclosures.
Read More »January Foreclosure Filings Up 36% YoY
“The uptick in overall foreclosure filings nationwide points toward a trend that may suggest more increased activity is on the horizon as we enter the new year,” said ATTOM CEO Rob Barber.
Read More »Foreclosure Filings Up 160% YoY
ATTOM Data, a real estate data company, has released its latest iteration of the Foreclosure Market Report for April 2022 which has found that there were a total of 30,674 properties with foreclosure filings against them, down 8% from March ...
Read More »Foreclosure Rates Continue Upward Climb
ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for February which has found that there was a total of 25,833 properties with foreclosure filings against them, up 11% from January (which saw 23,204 filings) and up 129% ...
Read More »Foreclosure Rates: Back to the Future
A new report revealed that foreclosure rates are down to pre-crisis levels for the first time since the recession. Here is a look at other major performance metrics and their impact on the housing market.
Read More »Most Foreclosure Inventory, Opportunities Found in these 16 Key Markets
The nationwide share of residential homes in foreclosure is at its lowest level in eight years, but it remains high in a few areas. What states account for a large portion of the country's homes in foreclosure?
Read More »Foreclosure Completions Skyrocket While Inventory Plummets
The number of completed foreclosures surged from 37,000 in August up to 55,000 in September, an increase of 49.5 percent, largely due to an annual public auctioning of thousands of tax-foreclosed properties in Wayne County, Michigan, where Detroit is the county seat, according to CoreLogic. By comparison, foreclosure completions averaged about 21,000 per month in the pre-recession years from 2000 to 2006.
Read More »Foreclosure Data Has Significantly Improved From Crisis Peak Five Years Ago
The current data for foreclosures and mortgage delinquencies shows significant improvement compared to data from five years ago, the universally accepted peak of the mortgage crisis, according to HOPE NOW, a private sector alliance of mortgage servicers, investors, mortgage insurers, and non-profit counselors.
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