ATTOM, Irvine, Calif., released its November 2024 U.S. Foreclosure Market Report, finding that foreclosure filings are down 9% from a year ago and down 5% from October.
Tag: Foreclosure Filings
ATTOM Reports Foreclosures See Monthly, Annual Increase in July
ATTOM, Irvine, Calif., said foreclosure filings rose 15% month-over-month and a slight .2% year-over-year.
ATTOM: May Foreclosure Filings Up From April, Down Year-Over-Year
ATTOM, Irvine, Calif., released its May 2024 U.S. Foreclosure Market Report, showing foreclosure filings were up 3% in May from April, but down 7% year-over-year.
Quote: Nov. 17, 2023
“Home builders have been able to temper this high-rate environment by offering buyers rate buydowns and other incentives. We estimate that the pace of home sales increased for the third straight month to a 715,000-unit annual pace – the strongest sales month since May 2023.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist
Quote: Nov. 16, 2023
“Given the inextricable link between mortgage lending, the American Dream, and the overall health of the economy, banking regulators should be doing whatever they can to support real estate markets and the broader economy. Unfortunately, the opposite is happening.”
–MBA President & CEO Bob Broeksmit, CMB