In the latest industry report, data reveals that foreclosure filings in November 2024 decreased slightly compared to the previous month. Here are the key highlights:
– One in 4,795 homes experienced a foreclosure filing in November, showcasing a slight improvement in the market compared to the previous month.
– The total number of filings reached 29,390 homes, down from 30,784 in October, indicating a decrease in foreclosure activity.
– This data suggests a potential stabilization in the housing market, as fewer homeowners are facing the risk of foreclosure.
– Industry experts will continue to monitor these trends to assess the overall health of the housing market and its impact on the mortgage industry going forward.
You can read this full article at: https://www.housingwire.com/articles/foreclosure-filings-november-2024-attom-data/(subscription required)
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