Markets Where Foreclosures Are Rising

 ATTOM Data Solutions reports that In the first six months of 2019, foreclosures nationally were down 18% from the same period a year ago and down 82% from their peak in the first six months of 2010. But a handful of markets are bucking the trend.

Thirty-six of 220 of the largest metro areas have posted year-over-year increases in foreclosure activity in the first six months of this year, according to ATTOM Data Solution’s 2019 U.S. Foreclosure Market Report. Some of those markets seeing an uptick include Buffalo, N.Y. (up 33%); Orlando, Fla. (up 32%); Jacksonville, Fla. (up 18%); Miami, Fla. (up 7%); and Tampa-St. Petersburg, Fla. (up 5%).

States with the highest foreclosure rates in the first half of 2019 were New Jersey (0.54 percent); Delaware (0.46 percent); Maryland (0.43 percent); Florida (0.39 percent); and Illinois (0.38 percent).

Other states with first-half 2019 foreclosure rates among the 10 highest nationwide were South Carolina (0.33 percent); Connecticut (0.32 percent); Ohio (0.30 percent); Nevada (0.26 percent); and New Mexico (0.26 percent).




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