U.S. Foreclosure Filings Jump 21% to 228,000 in H1 as Homeowner Strain Deepens
Updated
Updated · CBS New York · Jul 16
U.S. Foreclosure Filings Jump 21% to 228,000 in H1 as Homeowner Strain Deepens
3 articles · Updated · CBS New York · Jul 16
Summary
Nearly 228,000 U.S. foreclosure filings were recorded from January through June, up 21% from a year earlier and 28% from two years ago, ATTOM said Thursday.
ATTOM linked the rise to growing homeowner financial distress, as missed mortgage payments—often after setbacks such as job loss—push more properties into default notices, auctions or bank repossessions.
Idaho posted the biggest first-half increase at 59%, followed by Colorado at 57% and Georgia at 52%, while Florida had the highest overall rate in June at one filing per 2,106 housing units.
Foreclosure activity, which fell during the pandemic after reaching 640,864 in 2019, is now moving back toward pre-pandemic levels; separate Realtor.com data showed short sales rose 16% in the first quarter.