U.S. Foreclosure Activity Down From Year Ago in October But Up in 38 Percent of Local Markets

There were a total of 66,401 U.S. properties with foreclosure filings in October 2018, up 21 percent from an all-time low in the previous month, but still down 4 percent from a year ago, according to ATTOM Data Solutions.

Counter to the national trend, October 2018 foreclosure activity increased from a year ago in 15 states, including Florida (up 55 percent); Texas (up 28 percent); Georgia (up 50 percent); Michigan (up 24 percent); and Arizona (up 1 percent).

Also counter to the national trend, 84 of 219 metropolitan statistical areas analyzed in the report (38 percent) posted a year-over-year increase in foreclosure activity, including Miami, Florida (up 55 percent); Houston, Texas (up 198 percent); Tampa-St. Petersburg, Florida (up 67 percent); Atlanta, Georgia (up 36 percent); and Phoenix, Arizona (up 3 percent).

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