U.S. Foreclosure Activity Drops to 10-Year Low in 2016!

IRVINE, Calif. – Jan. 12, 2017 – ATTOM Data Solutions, curator of the nation’s largest fused property database, today released its Year-End 2016 U.S. Foreclosure Market Report, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 933,045 U.S. properties in 2016, down 14 percent from 2015 to the lowest level since 2006, when there were 717,522 U.S. properties with foreclosure filings.

The report also shows that 0.70 percent of all U.S. housing units had at least one foreclosure filing in 2016, the lowest annual foreclosure rate nationwide since 2006, when 0.58 percent of housing units had at least one foreclosure filing.