
2023 Mid-Year Foreclosure Rates Update
July 25th, 2023
In the first half of 2023, foreclosure rates have maintained their upward trend, surpassing those in 2022 and approaching pre-pandemic levels.
In the first half of 2023, foreclosure rates have maintained their upward trend, surpassing those in 2022 and approaching pre-pandemic levels.
While foreclosures stay well below pre-pandemic levels, 2022 foreclosures have exceeded 2021, indicating a continued need for foreclosure relief.
Latest foreclosure trends: both troubling and encouraging.
Foreclosures have increased since the beginning of the pandemic. At the same time, Real Estate Owned foreclosure sales have dropped significantly.