Foreclosure Filings for All 50 States in December 2024
Industry Update
January 17, 2025
Source: ATTOM
In December 2024, the U.S. housing market experienced a slight decline in foreclosure activity with 28,632 U.S. properties with foreclosure filings – marking a 3% decline from the previous month and 6% decline from a year ago. The U.S. housing market recorded foreclosure filings on one in every 4,922 properties, reflecting a slight easing in foreclosure activity. Foreclosure starts totaled 19,376 properties, down 4% from the previous month and 5% from December 2023, while completed foreclosures decreased by 4% monthly and 16% annually. These trends highlight modest changes in foreclosure activity that may be shaped by evolving economic conditions.
Rob Barber, CEO of ATTOM, observed that the continued decline in foreclosure activity throughout 2024 suggests a housing market that may be stabilizing, despite persistent economic uncertainties. He noted that this year’s data indicates foreclosure trends potentially returning to more predictable levels, offering some clarity for industry professionals, investors, and homeowners. While foreclosure filings remain an essential metric for assessing market health, Barber highlighted that current trends may reflect a more balanced landscape, influenced by prudent lending practices and resilient homeowners.
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