Foreclosure filings eased to a three-year low last year, a sign that the housing market may be stabilizing after several years of challenging conditions.

Fewer Americans faced default notices, scheduled auctions, or bank repossessions, according to a report from real estate data firm ATTOM. At 322,103, foreclosure filings in 2024 were 10% lower than in 2023 and down roughly 35% from the pre-pandemic levels in 2019.

 

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