According to the ATTOM Data’s Midyear 2024 U.S. Foreclosure Market Report, there were a total of 177,431 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank repossessions) in the first six months of 2024. That figure is down 4.4% from one year ago and up 7.8% from the same period two years ago.
“In contrast to the first half of 2023, foreclosure activity across the United States experienced a decline in the first half of 2024…In addition, U.S. foreclosure starts also decreased by 3 percent in the first six months of 2024. These shifts could suggest a potential stabilization in the housing market; however, monitoring these evolving patterns remains crucial to understanding the full impact on the real estate sector.” Said Rob Barber, CEO of ATTOM.
Click here to read the full report at ATTOM.
