Source: National Mortgage Professional —
Foreclosure filings — including default notices, scheduled auctions, and bank repossessions — were reported on 151,153 U.S. properties in 2021, down 29 percent from 2020 and down 95 percent from a peak of nearly 2.9 million in 2010, according to a new report from ATTOM, parent of RealtyTrac.
The total filings reported was the lowest level since tracking began in 2005, ATTOM said.
ATTOM’s Year-End 2021 U.S. Foreclosure Market Report noted that the 151,153 properties with foreclosure filings in 2021 represented just 0.11% of all U.S. housing units, down from 0.16% in 2020 and down from a peak of 2.23 % in 2010.
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