Attom's year-end report showed 322,103 foreclosures filed in 2024, indicating a 10% drop from 2023 and a significant 89% decrease since the 2010 peak.
Rob Barber, the CEO of Attom, highlighted that the decline in foreclosures suggests a stabilizing housing market, even amidst ongoing economic uncertainties.
In 2024, foreclosure filings represented 0.23% of all U.S. housing units, illustrating continued improvement compared to 0.25% in 2023 and reflecting more predictable trends.
California led the country in foreclosure starts with 29,529 properties but Florida had the highest foreclosure rate with one in every 267 units having a filing.
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