Real Estate News: Real Estate Investing Podcast

← Real Estate News: Real Estate Investing Podcast29 ago · 5 min

U.S. Foreclosures Rise 10% as Bank Repossessions Jump 23% YOY

U.S. Foreclosures Rise 10% as Bank Repossessions Jump 23% YOY29 ago5 min

U.S. foreclosure filings rose 10% year over year in July, while bank repossessions jumped 23%, according to new data from ATTOM. But despite the increases, foreclosure activity remains low by historical standards. Kathy Fettke breaks down where foreclosures are rising fastest, why Texas is showing up prominently in the data, and what the trend could mean for real estate investors.

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Source:https://www.housingwire.com/articles/foreclosure-filings-july-attom/