Foreclosure PropertyStatistics

44% of Major Metros See Higher Foreclosure Rates

The July data for ATTOM Data Solutions’¬†US Foreclosure Market Report was released in August. 219 metropolitan areas were analyzed, among which 96 had an increase in foreclosure processes started. It’s only up 1% from June, but had been going up for three consecutive months. The small year-over-year increase of less than a percent is after a 36-month year-over-year decrease.

Despite the small numbers, Senior Vice President of ATTOM¬†Daren Blomquist doesn’t think this is a fluke. Many local markets are continuing to see increases. The biggest jumps at the state and local level are Florida with a 35% increase statewide and the Houston, Texas metro area up a whopping 76%.


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