ATTOM: November Foreclosures Up Annually, Down From October

(Image courtesy of Erik Mclean/

ATTOM, Irvine, Calif., recorded 32,120 U.S. properties in its November Foreclosure Market Report. That’s up 5% from November 2022 but down 7% from October.

ATTOM defines properties with foreclosure filings as any with default notices, scheduled auctions or bank repossessions.

Lenders started the foreclosure process on 22,363 properties, down 4% from October but up 8% from last year.

In terms of completions, lenders repossessed 2,558 properties in November, down 23% from October and down 32% from this time last year.

“While we’ve observed a modest decrease in U.S. foreclosure activity most likely due to seasonal factors, it’s essential to note that these fluctuations are a part of the cyclical nature of the market,” said Rob Barber, CEO at ATTOM. “As we look ahead to 2024, we anticipate a potential uptick in foreclosure activity as various economic factors evolve and market dynamics shift.”

States with the highest foreclosure filing rates were Delaware, at one out of every 2,393 housing units with a foreclosure filing; Maryland, at one out of every 2,537 housing units; Ohio, at one out of every 2,656 housing units; South Carolina, at one out of every 2,771 housing units; and New Jersey, at one out of every 2,834 housing units.