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Foreclosure activity subsided in 2024. Is it a sign of housing market stability?

Attom,-which-shows-declines-over-the-past-year-in-the-number-of-homes-repossessed-by-lenders (1)

Attom‘s year-end 2024 foreclosure report revealed that 322,103 properties in the U.S. had some type of foreclosure filing — default notices, scheduled auctions or bank repossessions — last year. The data solutions company also reported that in fourth-quarter 2024, one in every 1,671 properties had a foreclosure filing.

Attom also noted that foreclosure filings were down 10% from 2023, down 1% from 2022 and down 35% from pre-pandemic levels in 2019. Last year’s filings were also down 89% from a peak of nearly 2.9 million in 2010, when the housing market was recovering from the details ⇒

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