BY BRAD BECKETT ON DECEMBER 30, 2020
According to November's U.S. Foreclosure Market Report from ATTOM Data, foreclosure filings were down 14% from one year ago, with just over 10k U.S. properties with foreclosure filings in November. Click here to read more.
Their analysis also reported that lenders foreclosed (REO) on a total of 2,010 U.S. properties, down 22% from October 2020 and down 86% from November 2019.
“It’s not unusual to see foreclosure activity slow down beginning in November and through the holiday season,” said Rick Sharga, executive vice president at RealtyTrac, an ATTOM Data Solutions company.