• Metro East REIA

Foreclosure Activity in 2021 Dropped To An All-Time Low

According to ATTOM Data’s Year-End 2021 U.S. Foreclosure Market Report, there were 151,153 foreclosure filings on U.S. properties in 2021, down 29% from 2020 and down 95% from a peak of nearly 2.9 million in 2010, to the lowest level since tracking began in 2005. They say the 151k properties with foreclosure filings in 2021 represented 0.11% of all U.S. housing units, down from 0.16% in 2020 and down from a peak of 2.23 percent in 2010. In addition, data for December 2021 shows there were 17,971 properties with foreclosure filings, down 8% from November but up 65% from a year ago. Continue reading HERE...

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