Facebook Twitter Instagram
    Trending
    • Local Market Monitor’s National Economic Outlook for March ’23
    • Changing Your Financial Trajectory
    • Existing-Home Sales Surge 14.5% in February
    • Value of Owner-Occupied Real Estate Falls for First Time Since 2012
    • Federal Judge Halts Biden Administration Waters Rule in Texas & Idaho
    • Yardi Says Multifamily Flat in February
    • Housing Starts & Permits Jump Up in February
    • U.S. Cities with the Highest GDP
    Twitter
    Real Estate Investing Today
    • Home
    • RE Journal
    • ROI Magazine
    • National REIA
      • National REIA
      • Find a REIA near you!
    • Podcasts
    • Housing Data
    • Contact Us
    Real Estate Investing Today
    You are at:Home»Residential»Foreclosure Activity Continues to Increase Despite Moratorium

    Foreclosure Activity Continues to Increase Despite Moratorium

    0
    By Brad Beckett on April 27, 2021 Residential

    According to their Q1 2021 U.S. Foreclosure Market Report, ATTOM Data says, despite moratoria, there were a total of 33,699 U.S. properties with foreclosure filings in the first quarter of 2021.  While this figure is down 78% from one year ago, it does represent a 9% increase from Q4, 2020.  In addition, there were 11,880 U.S. properties with foreclosure filings in March 2021.  Again, while down 75% from one year ago March’s number is up 5% from February.  Properties foreclosed in Q1, 2021 had been in the foreclosure process an average of 930 days, up 8% from Q4, 2020 and up 38% from one year ago.  Indeed…

    “The foreclosure moratorium on government-backed loans has virtually stopped foreclosure activity over the past year…..But mortgage servicers have been able to begin foreclosure actions on vacant and abandoned properties, which benefits neighborhoods and communities. It’s likely that these foreclosures are causing the slight uptick we’ve seen over the past few months.”  Said Rick Sharga, executive vice president of RealtyTrac, an ATTOM Data Solutions company.

    Average Days to Complete Foreclosure Q1 21

    Click here to read the full report at ATTOMdata.com.

     

    Share this:

    • Click to email a link to a friend (Opens in new window)
    • Click to print (Opens in new window)
    • Click to share on Twitter (Opens in new window)
    • Click to share on Facebook (Opens in new window)
    • Click to share on LinkedIn (Opens in new window)
    • Click to share on Pinterest (Opens in new window)
    • Click to share on Reddit (Opens in new window)

    Related

    Brad Beckett
    • Website
    • Facebook
    • Twitter

    Director of Education & Outreach, National Real Estate Investors Association

    Related Posts

    Local Market Monitor’s National Economic Outlook for March ’23

    Changing Your Financial Trajectory

    Existing-Home Sales Surge 14.5% in February

    Comments are closed.

    Emergency Rental Assistance
    Action Alert HR 5013 – Seller Finance
    https://youtu.be/WP-IAtGnPsQ

    Click here to visit the National REIA Legislative Action Center.

    Stay Informed!

    Simply enter your email address in the space below to receive our latest posts right in your mailbox! It's FREE!

    Join 2,529 other subscribers
    Podcasts
    podcasts
    Survey of the Quarter:
    • Most Recent Posts
    March 23, 2023

    Local Market Monitor’s National Economic Outlook for March ’23

    March 22, 2023

    Changing Your Financial Trajectory

    March 22, 2023

    Existing-Home Sales Surge 14.5% in February

    March 21, 2023

    Value of Owner-Occupied Real Estate Falls for First Time Since 2012

    Benefits of Joining National REIA
    Click here to find a REIA!
    The Latest issue of the RE Journal
    Follow us on Twitter: @REI2Day
    My Tweets
    Keyword Search
    Real Estate Investing Today
    National Real Estate Investors Association
    2755 Mansion Place
    Crestview Hills, KY 41017
    888-762-7342
    www.NationalREIA.org
    Top 100 Real Estate Investing Blogs & Websites on the Web
    Categories
    About Real Estate Investing Today

    Real Estate Investing Today is the news aggregation site for the National Real Estate Investors Association (NREIA) and features news & industry updates to help investors stay informed. Learn more at www.NationalREIA.org

    Media Inquiries

    Media Inquiries Click here

    Copyright 2022 Real Estate Investing Today

    • Home
    • News
    • Legislative
    • Market Trends
    • Residential
    • Data
    • Rentals
    • Crowdfunding
    • Legal
    • Regulations & Taxes
    • Infographics
    • Technology
    Copyright 2022 Real Estate Investing Today
    • Home
    • News
    • Legislative
    • Market Trends
    • Residential
    • Data
    • Rentals
    • Crowdfunding
    • Legal
    • Regulations & Taxes
    • Infographics
    • Technology

    Type above and press Enter to search. Press Esc to cancel.