According to ATTOM’s April 2024 U.S. Foreclosure Market Report, there were a total of 31,649 U.S. properties with foreclosure filings. This figure 4% lower than March and a 4% lower than one year ago. Across the country, one out of every 4,453 housing units had a foreclosure filing during this period. The states with the highest foreclosure rates were Maryland (one in every 2,214); Illinois (one in every 2,517); Nevada (one in every 2,546); South Carolina (one in every 2,573); and Florida (one in every 2,854).
In addition, ATTOM also reports that foreclosure starts saw a 7% decrease from March with lenders commencing the foreclosure process on 21,753 properties in April, 2024. This figure reflects a 3% decline compared to one year ago.
Click here to read the full report at ATTOM.
