Home foreclosures in key US markets are on the rise again: report

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Home foreclosures in key US markets are on the rise again: report

Home foreclosures in key US markets are on the rise again: report

The Real Deal-

Almost a decade after home foreclosures skyrocketed during the financial crisis, they are starting to rise again in some of the country’s hottest real estate markets. And loosening lending standards may be among the reasons, according to one expert.

Twenty two states posted increases in new foreclosure filings in the first six months of 2018, compared to the same period last year, according to a new report by Attom Data Solutions.

Overall, from January to June, foreclosure starts nationwide fell 8 percent to 191,914, compared to the first half of 2017, according to the report, released Thursday.

[THE REAL DEAL]

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