ATTOM: Foreclosure Activity Shows Slight Decline in April

(Image courtesy of Nik Cvetkovic/

ATTOM, Irvine, Calif., released its April 2024 U.S. Foreclosure Market Report, which shows there were a total of 31,649 U.S. properties with foreclosure filings–down 4% from a month ago and also down 4% from a year ago.

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

“April’s foreclosure numbers highlight a mixed landscape in the U.S. housing market,” said Rob Barber, CEO at ATTOM. “While there is a general downtrend in foreclosure starts and filings, we have also seen an increase in completed foreclosures. This mixed activity underscores the importance of closely monitoring these developments to understand the ongoing dynamics in the real estate market.”

Nationwide, one in every 4,453 housing units had a foreclosure filing in April.

States with the largest number were Maryland (one in every 2,214 units); Illinois (one in every 2,517 units); Nevada (one in every 2,546 units); South Carolina (one in every 2,573 units); and Florida (one in every 2,854 units.)

Foreclosure starts were down 7% from March, and down 3% year-over-year. Lenders started the foreclosure process on 21,753 U.S. properties.

Foreclosure completions were up 8% monthly, with lenders repossessing 2,904 U.S. properties. That’s up 8% from March, but down less than 1% year-over-year.