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1214 - Foreclosure Activity Increased in 2023—But What Do the Numbers Mean for Investors? by Anna Cottrell

1214 - Foreclosure Activity Increased in 2023—But What Do the Numbers Mean for Investors? by Anna Cottrell

FromBiggerPockets Daily


1214 - Foreclosure Activity Increased in 2023—But What Do the Numbers Mean for Investors? by Anna Cottrell

FromBiggerPockets Daily

ratings:
Length:
11 minutes
Released:
Feb 10, 2024
Format:
Podcast episode

Description

ATTOM’s Year-End 2023 U.S. Foreclosure Market Report shows that foreclosure activity increased last year from 2022 levels, but is this a cause for concern for investors? 
The ATTOM report shows that foreclosure filings, which include default notices, auctions, and repossessions, stood at 357,062, up 10% from 2022 and 136% from 2021. These figures look much less alarming, however, when set in the context of pre-pandemic foreclosure levels. Foreclosure activity in 2023 was still 28% lower than it had been in 2019 and down a massive 88% from its peak in financial crisis-ravaged 2010. 
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Released:
Feb 10, 2024
Format:
Podcast episode

Titles in the series (100)

BiggerPockets Daily takes the real estate investing wisdom contained in tens of thousands of BiggerPockets Blog articles and converts it into a convenient daily audio experience... because you can't have your face in a screen while you're out there living your busy life. Rental properties, house flipping, wholesaling... it's all here. And unlike other daily podcasts, the information is timeless – so you can learn on your timeline. Skip episodes, take a break, then binge and catch up. Or just make us a part of your daily routine!