ATTOM’s newly released Midyear 2021 U.S. Foreclosure Market Report shows that foreclosure filings in the first six months of 2021 were down 61 percent from the same time period a year ago and down 78 percent from the same time period two years ago.
According to ATTOM’s latest foreclosure activity analysis, with just 65,082 U.S. properties with foreclosure filings in the first six months of 2021, only five of the greater populated metros saw an increase in total filings. Those metros included Tyler, Texas (up 88 percent); Brownsville, Texas (up 21 percent); Springfield, Illinois (up 19 percent); Sioux Falls, South Dakota (up 9 percent); and Lake Charles, Louisiana (up 5 percent).
The midyear foreclosure market report noted that nationwide, 0.05 percent of all housing units (or one in every 2,112) had a foreclosure filing in the first half of 2021. The report also noted that the states with the highest foreclosure rates in the first half of 2021 were Delaware (0.10 percent of housing units with a foreclosure filing); Illinois (0.09 percent); Florida (0.08 percent); Ohio (0.08 percent); and Indiana (0.08 percent).
The report mentioned other states with first-half foreclosure rates among the 10 highest nationwide included New Jersey (0.07 percent); Nevada (0.07 percent); South Carolina (0.07 percent); Louisiana (0.06 percent); and New Mexico (0.06 percent).
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