U.S. Foreclosures Increase Slightly, Reflecting Nuanced Housing Market Shifts – MyChesCo
IRVINE, CA — ATTOM released its May 2024 U.S. Foreclosure Market Report, revealing nuanced shifts in the housing market. The report shows a total of 32,621 U.S. properties with foreclosure filings in May, including default notices, scheduled auctions, and bank repossessions. This marks a 3 percent increase from the previous month but a 7 percent decrease from last year. “May’s foreclosure activity highlights nuanced shifts in the housing market,” said Rob Barber, CEO at ATTOM. “While we observed a slight increase in foreclosure starts, the decline in completed foreclosures indicates…
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