U.S. Foreclosure Activity Drops to 15-Year Low
ATTOM Data Solutions’ Year-End 2019 U.S. Foreclosure Market Report shows foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 493,066 U.S. properties in 2019, down 21% from 2018 and down 83% from a peak of nearly 2.9 million in 2010 to the lowest level since tracking began in 2005.
Those 493,066 properties with foreclosure filings in 2019 represented 0.36% of all U.S. housing units, down from 0.47% in 2018 and down from a peak of 2.23% in 2010.
ATTOM’s year-end foreclosure report provides a unique count of properties with a foreclosure filing during the year based on publicly recorded and published foreclosure filings collected in more than 2,200 counties nationwide, with address-level data on nearly 25 million foreclosure filings historically, also available for license or customized reporting.
The report also includes new data for December 2019, when there were 53,279 U.S. properties with foreclosure filings, up 7% from the previous month and up 2% from a year ago.
