According to a recent report from Attom, foreclosure filings on U.S. properties surged in the past month, with over 30,000 properties being affected. This represents a 4% increase from the previous month, highlighting a concerning trend in the housing market.
Key points from the report include:
– Over 30,000 U.S. properties had foreclosure filings in the past month
– The increase in filings represents a 4% rise from the previous month
– The data from Attom underscores a growing trend of financial distress among homeowners, potentially signaling challenges in the housing market.
As an industry expert, it is crucial to monitor these developments closely and assess potential implications for the mortgage sector.
You can read this full article at: https://www.housingwire.com/articles/foreclosure-filings-october-2024-attom-data/(subscription required)
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