With fluctuating mortgage rates and economic pressure in the housing market, foreclosure activity ramped up in October 2024. According to real estate data provider Attom, homebuyers may face more challenges heading into 2025.
Attom released its October 2024 U.S. Foreclosure Market Report on Tuesday. It showed that 30,784 properties had foreclosure filings last month. That’s up 4% from September’s total of 29,668 but down 11% from the October 2023 figure of 34,472.
“Foreclosure activity remains challenging for U.S. homeowners, with starts and completed foreclosures up in October,” Attom CEO Rob Barber said in a statement. “As we details ⇒
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