The State of the Real Estate Market - Foreclosures Down Rates Up

Send us Fan MailThe U.S. foreclosure market is showing signs of stabilizing, with foreclosure activity declining by 3% in February 2023, according to a report by ATTOM. However, foreclosure activity was still up 18% from a year ago. Despite the decline, the report warns that the numbers don't yet show a clear trend toward fewer foreclosures. The report also revealed that lenders repossessed 3,831 U.S. properties through completed foreclosures in February, which is up 45% from last year. New York, Georgia, and California saw the greatest increase in completed foreclosures. Hashtags: #foreclosure #housingmarket #realestate #propertydata #ATTOM #U.S.foreclosuremarket #housingnews #housingtrends #mortgage #housingcrisis.Article References : https://www.attomdata.com/news/market-trends/foreclosures/attom-february-2023-u-s-foreclosure-market-report/https://www.youtube.com/watch?v=PgRRuRdB1Ushttps://www.youtube.com/watch?v=4mVzI9s93vcSupport the showRealEstateAF is Powered by LoanBot.com Host: Mark Jones | Sr. Loan Officer | NMLS# 513437 If you would like to work with Mark on your next home purchase or as a partner visit iThink Mortgage.