Maine home foreclosures plummet while sales drop, prices inch up - FORECLOSURE FRAUD

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Maine home foreclosures plummet while sales drop, prices inch up

Maine home foreclosures plummet while sales drop, prices inch up

Apr. 26—While home foreclosures are on the rise across the U.S., Mainers appear to be at less risk of losing their homes than residents in most other states.

About 95,712 homes nationwide, or one in every 1,459 properties, were subject to foreclosure filings during the first three months of 2023, according to Attom, a California firm that tracks property data.

In Maine, a total of 227 homes — one in every 3,250 — had foreclosure filings, ranking the state No. 10 among those with the lowest foreclosure rates.

South Dakota recorded the lowest rate, with just one foreclosure filing for every 15,535 homes, according to Attom.

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