May Foreclosure Starts Up 36 Percent Year-Over-Year
Foreclosure Market Report, which shows there were a total of 10,821 U.S. properties with foreclosure filings default notices, scheduled auctions or bank repossessions down 8 percent from a month ago but up 23 percent from a year ago.Foreclosure starts, which represent the initial notice of default, grew by 36 percent year-over-year.
- Foreclosure Market Report, which shows there were a total of 10,821 U.S. properties with foreclosure filings default notices, scheduled auctions or bank repossessions down 8 percent from a month ago but up 23 percent from a year ago.Foreclosure starts, which represent the initial notice of default, grew by 36 percent year-over-year.
- "While the increase in foreclosure activity is significant, it's important to keep these numbers in perspective," said RealtyTrac Executive Vice President Rick Sharga.
- The ATTOM May 2021 U.S. Foreclosure Market Report shows that nationwide one in every 12,700 housing units had a foreclosure filing.
- ATTOM provides foreclosure data licenses that can power various enterprise industries including real estate, insurance, marketing, government, mortgage and more.