NEW FORECLOSURES JUMP 20% IN OCTOBER, A SIGN OF MORE DISTRESS IN THE HOUSING MARKET
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✍️ Foreclosure filings in the US rose 3% in October, marking the eighth straight month of annual increases, according to ATTOM data.
👉 Foreclosure filings rose 3% in October, marking the eighth straight month of annual increases. 👉 Foreclosure starts and completed foreclosures increased 6% and 32% year-over-year, respectively. 👉 Florida, South Carolina, and Illinois led the nation in state foreclosure filings. 👉 Texas, California, and Florida had the most completed foreclosures. 👉 Experts note that while the numbers are still small, there are areas of concern, including high delinquency rates and rising defaults in certain states.
-- #RobBarber #RickSharga #Florida #SouthCarolina #Illinois #Texas #California #Riverside #Cleveland #Tampa #Jacksonville #Orlando #world
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