According to the ATTOM Data’s Midyear 2023 U.S. Foreclosure Market Report, here were a total of 185,580 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank repossessions) in the first six months of 2023. That figure is up 13% from the same time period one year ago and up 185% from the same time period two years ago.
“Similar to the first half of 2022, foreclosure activity across the United States maintained its upward trajectory, gradually approaching pre-pandemic levels in the first half of 2023…Although overall foreclosure activity remains below historical norms, the notable surge in foreclosure starts indicates that we may continue to see a rise in foreclosure activity in the coming years.” Said Rob Barber, CEO of ATTOM.
Click here to read the full report at ATTOM.
