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Home > Foreclosure

U.S. FORECLOSURE ACTIVITY POSTS EIGHTH STRAIGHT MONTH OF YEAR-OVER-YEAR INCREASES

November 25, 2025 by mthomas

Foreclosure Starts Up 20 Percent Year Over Year; Completed Foreclosures Up 32 Percent Year Over Year IRVINE, Calif., Nov. 13, 2025 /PRNewswire/ -- ATTOM, a leading curator of land, property data, and real estate analytics, today released its October 2025 U.S. Foreclosure Market Report, which shows there were a total of 36,766 U.S. properties Continue Reading

Nearly 900,000 homeowners are underwater on their mortgage as home prices fall, signaling a worrying turn in the housing market.

November 14, 2025 by mthomas

That figure represents 1.6% of all mortgage holders in the U.S. While the share may seem like a small part of the overall market, it’s also the highest rate in three years, according to a new report by Intercontinental Exchange As existing-home sales remain on track to hit a 30-year low, home prices are losing steam due to years of tepid demand from home buyers. A homeowner is underwater on Continue Reading

Foreclosure filings hit a six-year high during the first half of 2025

July 24, 2025 by mthomas

Alaska led all states with a 55% year-over-year spike in foreclosures Home foreclosure filings for the first half of the year reached their highest level since 2019, with foreclosure starts up 41% compared to the first half of 2020. That’s according to data from real estate analytics company Attom, which reported 1 in every 4,361 properties in the U.S. had a foreclosure filing in Continue Reading

Foreclosure filings dropped in November. Is market pressure finally easing up?

December 11, 2024 by mthomas

The highest foreclosure rates in November belonged to Nevada, Florida and Connecticut Foreclosure activity slowed slightly in November 2024, reversing a trend of rising foreclosures in October. But this decline may merely be a seasonal phenomenon, according to real estate data provider Attom. On Tuesday, Attom released its November 2024 U.S. Foreclosure Market Report. The Continue Reading

Foreclosure Starts Tick Upward In May

June 17, 2024 by mthomas

ATTOM’s May 2024 Foreclosure Market Report found that there were a total of 32,621 U.S. properties with foreclosure filings during the month—default notices, scheduled auctions, or bank repossessions—up 3% from April 2024, but down 7% from a year ago. “May’s foreclosure activity highlights nuanced shifts in the housing market,” said Rob Barber, CEO at ATTOM. “While we observed a Continue Reading

Foreclosure Starts Rose in October, but Remain at Historically Low Levels

December 1, 2023 by mthomas Leave a Comment

Intercontinental Exchange, Inc’s—better known as ICE—has again released its monthly report highlighting mortgage performance for the month of October 2023, which overall found that foreclosure starts rose by 33,000 during the month to their highest level in 18 months.  Serious delinquencies, or mortgages 90+ days past due, fell to 447,000, hitting numbers last seen during the Continue Reading

Foreclosure Volume Expected to Rise Slightly to Close Out 2023

August 31, 2023 by mthomas Leave a Comment

Auction.com has released its 2023 Seller Insights Report which found that approximately 92% of default servicing industry leaders expect completed foreclosure volume to increase in 2023 compared to 2022, while 85% expect home prices to decline in 2023 compared to 2022. The 2023 Seller Insights Report also revealed that economic conditions will have the biggest impact on foreclosure volumes for Continue Reading

Foreclosure Starts and Completions Down From April

May 16, 2023 by mthomas Leave a Comment

ATTOM has released its April 2023 U.S. Foreclosure Market Report, showing a total of 32,977 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — were down 10% from last month but up 8% from a year ago. Illinois, Maryland, and New Jersey post highest foreclosure rates Nationwide one in every 4,234 housing units had a Continue Reading

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Michael Thomas

Michael Thomas is one of the leading real estate brokers in San Diego, California. He is endorsed by the National Association of Realtors as a Seller Representative Specialist, Accredited Buyer Representative, as well as Short Sale & Foreclosure Certified. As a lifelong resident of San Diego with a Master’s Degree in Business Administration, he’s uniquely qualified to help San Diegans achieve their real estate goals.

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