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Foreclosures

Increased Foreclosure Activity in First Six Months of 2022 Approaches Pre-Covid Levels

Increased Foreclosure Activity in First Six Months of 2022 Approaches Pre-Covid Levels

U.S. Foreclosure Starts up 219 Percent in First Six Months of 2022; 96 Percent of Major Metro Areas Saw an Annual Increase in Foreclosure Filings; Foreclosure Rates Highest in Illinois, New Jersey, and Ohio IRVINE, Calif. – July 14, 2022 —ATTOM, a leading curator of real estate data nationwide for land and property data, today released its... Read More »
Top 10 ZIPS with Worst Foreclosure Rates in May 2022

Top 10 ZIPS with Worst Foreclosure Rates in May 2022

ATTOM’s May 2022 U.S. Foreclosure Market Report found there were a total of 30,881 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in May 2022. That number was up just 1 percent from April 2022 but up 185 percent from May 2021. According to ATTOM’s latest foreclosure activity analysis,... Read More »
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Vacant Zombie Properties Rising in Second Quarter Amid Jump in Foreclosure Activity

Vacant Zombie Properties Rising in Second Quarter Amid Jump in Foreclosure Activity

Zombie Foreclosures Up 3 Percent from First to Second Quarter of 2022as Foreclosure Activity Increases 13 Percent; Increase in Empty Properties Facing Foreclosure Marks First Gain in a Year; Zombie Properties Still Represent Just One of Every 13,200 Residential Properties in U.S. and Remain Down Annually IRVINE, CA – June 2, 2022 — ATTOM, a... Read More »
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Top 10 States with Longest Average Times to Foreclose in Q1 2022

Top 10 States with Longest Average Times to Foreclose in Q1 2022

According to ATTOM’s just released Q1 2022 U.S. Foreclosure Market Report, properties foreclosed in Q1 2022 had been in the foreclosure process an average of 917 days. The report noted that number was down just slightly from 941 days in Q4 2021 and down 1 percent from 930 days in Q1 2021. ATTOM’s latest foreclosure market analysis reported that... Read More »