Facebook Twitter Instagram
    Trending
    • Comparing the Speed of U.S. Interest Rate Hikes
    • America’s 10 Most Affordable Golf Towns
    • Zumper’s National Rent Report for May ’23
    • NMHC & NAA Statement on Recent Supreme Court WOTUS Ruling
    • Boost Short-Term Rental Revenue by Upselling Amenities to Guests
    • Large Southern Cities Lead Nation in Growth
    • Single-Family Built-for-Rent Construction Cools
    • Pending Home Sales Unchanged in April
    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 Rises After Moratorium Expires

    Foreclosure Activity Rises After Moratorium Expires

    0
    By Brad Beckett on September 20, 2021 Residential

    According to their Q2 2021 U.S. Foreclosure Market Report, ATTOM Data says, foreclosure starts increased 27% from August with completed foreclosures increasing 22% from one year ago.  According to data, there were a total of 15,838 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank repossessions)  – which comes down to one in every 8,677 housing units having a foreclosure filing in August 2021.  These numbers reflect the first month since the government’s moratorium has lifted.  The states with the highest foreclosure rates were Illinois, Nevada, Delaware, and Ohio.

    “As expected, foreclosure activity increased as the government’s foreclosure moratorium expired, but this doesn’t mean we should expect to see a flood of distressed properties coming to market…We’ll continue to see foreclosure activity increase over the next three months as loans that were in default prior to the moratorium re-enter the foreclosure pipeline, and states begin to catch up on months of foreclosure filings that simply haven’t been processed during the pandemic. But it’s likely that foreclosures will remain below normal levels at least through the end of the year.”  Said Rick Sharga, Executive Vice President at RealtyTrac, an ATTOM company.

    Click here to read the full report at ATTOM Data.

     

    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

    Comparing the Speed of U.S. Interest Rate Hikes

    America’s 10 Most Affordable Golf Towns

    Zumper’s National Rent Report for May ’23

    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 879 other subscribers
    Podcasts
    podcasts
    Survey of the Quarter:
    • Most Recent Posts
    June 2, 2023

    Comparing the Speed of U.S. Interest Rate Hikes

    June 1, 2023

    America’s 10 Most Affordable Golf Towns

    June 1, 2023

    Zumper’s National Rent Report for May ’23

    May 31, 2023

    NMHC & NAA Statement on Recent Supreme Court WOTUS Ruling

    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 2023 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.