Tuesday, September 26, 2023 | The Latest Buzz for the Appraisal Industry

Foreclosures Rose Over 50 Percent from 2021 to 2022, ATTOM Reports

ATTOM has released its October 2022 U.S. Foreclosure Market Report, which shows there were a total of 32,376 U.S. properties with foreclosure filings – default notices, scheduled auctions or bank repossessions – up 57% from a year ago, but only up 2% from the prior month.

Nationwide one in every 4,339 housing units had a foreclosure filing in October 2022. States with the highest foreclosure rates were Illinois (one in every 1,779 housing units

This post was originally published on this site