Foreclosure Activity Rose In January For 21st Straight Month
Completed foreclosures see first year-over-year decrease.
Completed foreclosures see first year-over-year decrease.
Nearly half of mortgaged homes remain equity-rich, while level of seriously underwater mortgages remains unchanged.
Profits on typical sales increase between 45% and 51% nationwide.
Overall filings remain well below pre-pandemic levels.
The third quarter saw 92,422 single-family houses and condominiums in the United States flipped.
Total loans in the third quarter decreased 47% year-over-year — the largest annual drop in 21 years.
Completed foreclosures increased by 18% while foreclosure starts stayed flat.
Nearly 50% of mortgaged residential properties in the nation are equity-rich.