Foreclosures Are at an All-Time Low, but a Big Deadline Is Looming

·3-min read

According to the Midyear 2021 U.S. Foreclosure Market Report from ATTOM Data Solutions, foreclosure filings -- which include properties with default notices, bank repossessions, and scheduled auctions -- sank 61% in the first half of 2021. Altogether, from January through June of this year, only about 0.05% of all housing units had a foreclosure filing. For investors and flippers interested in distressed properties, the trend has meant a dearth of potential investments.

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