Foreclosures In February: Down Monthly, Up Annually
Overall activity fell 3% from January 2023; completions up 45% YOY
Overall activity fell 3% from January 2023; completions up 45% YOY
Completed foreclosures see first year-over-year decrease.
First Look report
Black Knight 'First Look' finds signs that more homeowners are struggling to make payments.
Completed foreclosures increased by 18% while foreclosure starts stayed flat.
Foreclosure filings are up over 100% compared to a year ago.
Foreclosure starts had a 15% jump in activity from July but remain 44% below pre-pandemic levels.
Rose 1% in May from April as activity continues steady climb toward normal.