Flings can include default notices, scheduled auctions or bank repossessions. The total, up 34% from the second quarter and 68% from the third quarter of 2020, means 1 in every 3,019 homes in the United States has received some form of foreclosure filing.
The report also shows there were 19,609 U.S. properties with foreclosure filings in September 2021, up 24 percent from the previous month and 102 percent from September 2020.
“Despite the increased level of foreclosure activity in September, we’re still far below historically normal numbers,” said Rick Sharga, executive vice president at RealtyTrac, an ATTOM company. “September foreclosure actions were almost 70 percent lower than they were prior to the COVID-19 pandemic in September of 2019, and Q3 foreclosure activity was 60 percent lower than the same quarter that year.”
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