Foreclosure Activity Up 94% from One Year Ago

According to ATTOM Data’s November U.S. Foreclosure Market Report, there were 19,479 properties in the U.S. with foreclosure filings (default notices, scheduled auctions or bank repossessions). This figure is down 5% from the previous month, but it is up 94% from a year ago. In addition, November marks the 7th consecutive month of annual increases. The States with the highest foreclosure rates were Illinois (one in every 3,187 housing units with a foreclosure filing); Florida (one in every 3,319 housing units); Ohio (one in every 3,669 housing units); Delaware (one in every 3,800 housing units); and New Jersey (one in every 4,096 housing units). Continue reading HERE...