
← Real Estate News: Real Estate Investing Podcast29 aug · 5 min
U.S. Foreclosures Rise 10% as Bank Repossessions Jump 23% YOY
U.S. Foreclosures Rise 10% as Bank Repossessions Jump 23% YOY
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/