Home foreclosures in the US increase for the 12th consecutive month, impacting nearly 40,000 homeowners: report
Foreclosure Rates Continue to Climb in the U.S. The number of Americans facing home foreclosure rose for the 12th consecutive month last month, reaching about 40,000 homeowners. This trend is raising alarms about a potential housing affordability crisis, as noted in a recent report. In February, around 38,840 properties across the U.S. experienced various foreclosure […]
Homeowners face financial difficulties leading to an increase in foreclosures
Increase in Foreclosures Across the US Foreclosure rates are climbing again in the United States, putting many homeowners in precarious situations. According to recent data from Attom, a prominent real estate analytics firm, there were 35,697 properties with foreclosure filings in August, encompassing default notices, scheduled auctions, and bank foreclosures. This marks a slight 1% […]
Trump Approves Legislation Aimed at Preventing Home Foreclosures for U.S. Veterans
Trump Signs Bill to Protect Veterans’ Homes President Donald Trump officially signed a bill aimed at empowering the Veterans Affairs Bureau to safeguard veterans from losing their homes. This legislation, known as the VA Mortgage Program Reform Act, has now become law. During the signing, Trump was joined by Representatives Derrick Van Olden (R-WI) and […]
More Americans lost their homes in May as foreclosures move higher
Real estate agent Kirsten Jordan breaks down the challenges homebuyers face and shares her predictions for the housing market in “Cavuto: Coast to Coast.” Home foreclosures rose again in May as Americans continue to foreclose Cost of living crisis. That’s according to a new report from real estate data provider ATTOM, which found that there […]
Commercial real estate foreclosures jumped 117% in March as trouble looms
Stifel’s KBW CEO Thomas Michaud assesses the stability of regional banks, commercial real estate and the Basel III proposal. of commercial real estate Markets are beginning to distort under the weight of rising interest rates and remote work. There were 625 commercial real estate foreclosures in March, an increase of 6% from February and 117% […]
Home foreclosures are soaring nationwide – and rising fastest in these 5 states
“Mansion Global” host Katrina Campins shares the latest in the real estate market on “The Bottom Line.” Home foreclosures rose again in February as Americans continued to grapple with the ongoing cost of living crisis. That’s according to a new report published by real estate data provider ATTOM, which found that there were 32,938 properties […]
Home foreclosures see a ‘notable’ increase amid ongoing cost-of-living crisis
“Mansion Global” host Katrina Campins shares the latest in the real estate market on “The Bottom Line.” Home foreclosures increased “noticeably” in January as Americans continue to grapple with the ongoing cost of living crisis. That’s according to a new report published by real estate data provider ATTOM, which found that lenders foreclosed on 3,954 […]