Foreclosure activity picked up to start the year, even as repossessions saw their first decline since summer 2021, according to real estate data intelligence provider Attom.

January foreclosure filings, which include notices of defaults and auctions in addition to repossessions, increased 36% on an annual basis to a total of 31,557 units, which could be a concerning sign for the rest of the year, according to Attom CEO Rob Barber. The number edged upward by 2% compared to December’s 30,822.


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