Just off the heels of ATTOM Data Solutions’ November 2019 U.S. Foreclosure Activity analysis released this week, which reveals the top states and metros with the highest foreclosure rates, this advance #FiguresFriday post dives deeper into the data to disclose where foreclosures are the most concentrated at the county level.
There were 49,898 U.S. properties with foreclosure filings in November 2019, down 10 percent from October 2019 and down 6 percent from a year ago, according to the latest ATTOM Data Solutions U.S. Foreclosure Activity Report.
The report noted that at the national level, one in every 2,713 U.S. properties had a foreclosure filing in November 2019. At the state level, those with the highest foreclosure rates in November were Delaware (one in every 1,112 housing units); New Jersey (one in every 1,278 housing units); Maryland (one in every 1,476 housing units); Illinois (one in every 1,535 housing units); and Florida (one in every 1,607 housing units).
Also included in the report, among the 220 metro areas with at least 200,000 people, those with the highest foreclosure rates in November were Buffalo, NY (one in every 798 housing units); Atlantic City, NJ (one in every 968 housing units); Columbia, SC (one in every 1,082 housing units); and Fayetteville, NC (one in every 1,134 housing units); and Trenton, NJ (on in every 1,146 housing units).
Suraj Shrestha is an associate at Harborside Partners. He has been taking the lead role on research projects; to develop and implement online marketing strategies for search engine optimization and social media marketing. He is one of the core parts for helping to grow business revenue and the company’s online presence.