The U.S. housing market continues to present a complex picture, with recent data from ATTOM, a leading real estate data provider, revealing a slight uptick in foreclosure activity in the first quarter of 2024. While the numbers suggest a market in transition, there are nuances that paint a more detailed picture.

ATTOM’s report indicates a 3% increase in total foreclosure filings compared to the previous quarter, bringing the number to 95,349 properties nationwide. This figure, however, remains slightly below those seen a year ago. Notably, March 2024 saw a slight decrease in filings compared to February, suggesting a potential stabilization.

 

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Nearly 100,000 U.S. Properties Faced Foreclosure Filings in Q1 2024