• Metro East REIA

Foreclosure Activity Rises After Moratorium Expires

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. Continue reading HERE...

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