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Short Sales Now Recover More Value Than Foreclosures

July 17, 2026 by mthomas

Realtor.com finds short-sale activity accelerating, though the transactions represented just 0.6% of typical home sales in 2025 Short sales are increasing for the third consecutive year and now recover more of a property’s estimated value than foreclosures, according to a new Realtor.com report. Short-sale transactions increased 4% from 2023 to 2024, nearly 10% from 2024 to 2025 Continue Reading

California Foreclosures, Pre-Foreclosures & Short Sales Update – July 2026

July 16, 2026 by mthomas

As California's housing market continues to adjust to higher mortgage interest rates and rising homeownership costs, foreclosure activity has shown a gradual increase during 2026. While the overall number of foreclosures remains well below the levels seen during the Great Recession, homeowners across Southern California are beginning to experience greater financial pressure. For anyone facing Continue Reading

California Foreclosures, Pre-Foreclosures & Short Sales Update – June 2026

June 18, 2026 by mthomas

As we move through the summer of 2026, many homeowners across California are closely watching changes in the foreclosure and housing markets. While foreclosure activity remains well below the levels experienced during the 2008 housing crisis, recent data shows a gradual increase in foreclosure filings, creating new opportunities and challenges for homeowners throughout Southern California and San Continue Reading

MORTGAGE DELINQUENCIES AND FORECLOSURES ARE RISING, A WORRISOME SIGN

June 11, 2026 by mthomas

Foreclosure inventory just hit a six-year high, and experts say the borrowers who stretched to buy homes in 2022 and beyond are falling behind the fastest. From her office in Painesville, Ohio, just north of Cleveland, Patricia Kidd has a front-row seat for the ups and downs of the housing market. The area was often considered the ground zero of the 2010s foreclosure crisis, but since then, Continue Reading

FORECLOSURE AND EMPLOYMENT TRENDS SIGNAL HOUSING RISK

June 7, 2026 by mthomas

County-level data reveals where market conditions may be most vulnerable to future price declines Housing market risk remained concentrated in parts of Florida and California during the first quarter of 2026, according to ATTOM's latest Housing Risk Report, which found that unemployment and foreclosure activity were the strongest indicators of vulnerability among U.S. housing markets. The Continue Reading

FORECLOSURES CLIMB IN EARLY 2026

April 28, 2026 by mthomas

Filings jumped again in Q1 2026, but still trailed pre‑crisis peaks US foreclosure activity inched higher again in early 2026, adding to nearly a year of steady increases and raising new questions for lenders about how resilient stretched borrowers will be if the economy slows. ATTOM reported 118,727 properties with a foreclosure filing in the first quarter of 2026, up 6% from Continue Reading

Foreclosure Activity Rises Annually for the Eleventh Straight Month, Extending the Trend into 2026

February 11, 2026 by mthomas

Foreclosure Starts Rise 26 Percent Year Over Year; Completed Foreclosures Increase 59 Percent from a Year Ago ATTOM, the leading provider of property data, AI-powered analytics, and real estate intelligence solutions, today released its January 2026 U.S. Foreclosure Market Report, which shows there were a total of 40,534 U.S. properties with foreclosure filings— default Continue Reading

UNITED STATES HOUSING MARKET RISK INTENSIFIES

January 13, 2026 by mthomas

ATTOM finds affordability strains, rising foreclosures, and elevated unemployment pushing several U.S. housing markets, led by inland California counties, into heightened downturn risk in Q3 A new analysis from ATTOM, the Q3 2025 U.S. Housing Risk Report, identifies the county-level housing markets most vulnerable to downturns in the third quarter of 2025, highlighting persistent affordability Continue Reading

FORECLOSURES, REPOSSESSIONS RISING AFTER PANDEMIC-ERA LOWS

October 13, 2025 by mthomas

Bank repossession of homes has increased 33% from a year ago while foreclosure filings are up 17%, a new ATTOM report finds. After dipping to historic lows during the pandemic thanks to economic relief programs and a massive injection of stimulus funds, foreclosure starts and lender repossessions appear to be back on the rise in a meaningful way, according to a new report from ATTOM. Some of Continue Reading

California Enacts New Mortgage Servicing and Foreclosure Standards

September 6, 2025 by mthomas

On June 30, California Governor Newsom has signed AB 130, a budget trailer bill related to housing. This legislation includes new requirements for mortgage servicers of subordinate mortgages, defined in the bill, and took effect immediately. The text of the new statute, which comprises a very small portion of the full bill, may be found (here). The bill outlines unlawful practices for mortgage 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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