According to the April 2024 U.S. Foreclosure Market Report by ATTOM, there were a total of 31,649 U.S. properties with foreclosure filings, which is a 4% decrease from March and a 4% decrease from the previous year. This means that one out of every 4,453 housing units had a foreclosure filing during this period. The states with the highest foreclosure rates were Maryland (one in every 2,214); Illinois (one in every 2,517); Nevada (one in every 2,546); South Carolina (one in every 2,573); and Florida (one in every 2,854).
Additionally, foreclosure starts decreased by 7% from March, with lenders initiating the foreclosure process on 21,753 properties in April 2024, reflecting a 3% decline compared to the previous year.
For more information, you can read the full report at ATTOM by clicking here.
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