The COVID-19 pandemic has subsided, but the aftershocks are still reverberating for homeowners.
ATTOM, one of the nation’s leading real estate data providers, reports that foreclosure filings in the first six months of 2023 are up 13% over the same period in 2022. Foreclosure moratoriums that were enacted in 2020 during the pandemic have ended, and lenders are finally dropping the hammer on homeowners who have been unable to keep up with their payments.
Nationally, ATTOM found that 0.13% of all housing units — 1 in every 752 — had a foreclosure filing in the first half of this year.
For their survey, ATTOM analyzed the 223 U.S. metropolitan areas with populations of at least 200,000 people. Following are the large metros with the highest foreclosure filing rates.
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