Foreclosure Rates for All 50 States in October 2024
Industry Update
November 15, 2024
Source: ATTOM
In October 2024, the U.S. housing market experienced a slight uptick in foreclosure activity, with 30,784 properties filing for foreclosure—marking a 4% increase from the previous month but an 11% decrease year-over-year. This nuanced trend shows foreclosure levels remain relatively low despite monthly rises. Foreclosure starts rose 6% from September, while completed foreclosures increased by 12%, reflecting a modest escalation in proceedings that may be influenced by broader economic conditions.
Rob Barber, CEO of ATTOM, noted that while foreclosure activity has risen, seasonal factors may offer brief relief, but economic dynamics should be closely monitored as we move into 2025. Nevada led the country with the highest foreclosure rate, followed by New Jersey and Florida, underscoring regional disparities in foreclosure rates across the U.S.
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