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Foreclosure Activity Continues to Increase Despite Moratorium

According to their Q1 2021 U.S. Foreclosure Market Report, ATTOM Data says, despite moratoria, there were a total of 33,699 U.S. properties with foreclosure filings in the first quarter of 2021. While this figure is down 78% from one year ago, it does represent a 9% increase from Q4, 2020. In addition, there were 11,880 U.S. properties with foreclosure filings in March 2021. Again, while down 75% from one year ago March’s number is up 5% from February. Properties foreclosed in Q1, 2021 had been in the foreclosure process an average of 930 days, up 8% from Q4, 2020 and up 38% from one year ago. Continue reading HERE...

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