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Residential Foreclosures Continue Decline

IRVINE, CA—ATTOM Data Solutions and CoreLogic show monthly and annual declines nationally across a number of metrics related to foreclosure activity.

By Paul Bubny | paulbubny | Updated on December 15, 2016

“Loan performance varies by the health of the local economy and housing market,” says CoreLogic’s Frank Nothaft.

IRVINE, CA—A rising market for single-family residential means a falling one for foreclosed properties. In separate reports, ATTOM Data Solutions and CoreLogic cite monthly and annual declines across a number of metrics related to foreclosure activity, ranging from filings to inventory.

ATTOM said Thursday that November saw a total of 86,561 US properties with foreclosure filings in November, down 18% from the previous month and down 17% from a year ago. The year-over-year decrease represented the 14th consecutive month in which this occurred, while the monthly decrease was the largest in six years.

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