Foreclosures are Going Up🚀
.
-...a...report by real estate data provider ATTOM,...found that there were 32,621 properties in May with foreclosure filings, which includes default notices, scheduled auctions and bank repossessions.
.
-Nationwide, about one in...4,320 housing units had a foreclosure filing in May... But the problem was worse in several states. New Jersey experienced the highest rate...with about one in every 1,939 homes receiving a foreclosure notice - more than double the national average. Delaware registered...filings for every 2,595 homes, while Connecticut saw one for every 2,600 and Florida got one for every 2,638.
.
-...as high home prices, steep mortgage rates, property taxes and rising insurance premiums bite Americans. Housing affordability is the worst it has been in decades...the typical salary required nationwide for homeownership up to $106,500 - a stunning 61% increase from the $59,000 required just four years ago, according to Zillow.
.
#realestate #home #deedsnotwords #continentalground