Foreclosure Auction Volume Hits Six-Year High, Auction.com Finds

Auction.com, Irvine, Calif., released its Q1 Auction Market Dispatch, finding that completed foreclosure auctions reached 66% of their Q1 2020 level, and were up 10% from Q4 and up 33% year-over-year. That’s also a six-year high.

Auction.com: Foreclosure Auction Volume Surges

Foreclosure auction volume surged in the fourth quarter, increasing 48% from a year before to the highest level since late 2020, according to Auction.com, Irvine, Calif.