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"Something's got to give," implores ATTOM CEO Rob Barber. "Or a growing number of buyers will have no choice but to toss in the towel."
Even so, foreclosure activity remains relatively high in Florida, Nevada, and Connecticut, ATTOM reports.
However, foreclosures remain at historic lows, with 28,000 fewer loans in active foreclosure this October than last.
Highest rates in Florida, Nevada, New Jersey, ATTOM's latest foreclosure report reveals
ATTOM registers a slight quarterly increase in zombie foreclosures, but a 20% annual decline
In the third quarter of 2024, ATTOM reports that equity-rich homes are still at historic highs
