Special offer
Home > Blogs > John Pusa > John Pusa's Blog
bookmark_border

Foreclosures Stats 3rd Quarter Of 2021

By
Industry Observer CDRE #01044712

On October 14, 2021, ATTOM Data Solutions reported nationwide there were 45,517 distress properties in the 3rd quarter of 2021, rose 34.0% from the 2nd quarter of 2021, and jumped 102.0% from the 3rd quarter of 2020. State of California had the highest foreclosure rate with one in every 3,434 property in foreclosure during 3rd quarter of 2021.

Lender started 25,209 properties in the 3rd quarter of 2021, grew 32.0% from the 2nd quarter of 2021, and increased 67.0% from 3rd quarter of 2020.

Lender repossed 7,574 REO properties in the 3rd quarter of 2021, gained 22.0% from the 2nd quarter of 2021, and higher 46.0% from 2nd quarter of 2020.

For complete more detailed information the full report about foreclosures stats in the 3rd quarter of 2021, please please click HERE

Posted by

John Pusa

Better way to buy and sell real estate

Office (818) 441-8881

Mobile (818) 441-8881

Show All Comments
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning John - that is quite a spite in foreclosures.  I guess we will be seeing more with the end of the government holds.

Oct 16, 2021 02:57 AM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Hello John.  I am a bit surprised with these numbers.  Thanks for sharing the report.  Interesting.  Mark

Oct 16, 2021 03:07 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Saturday morning, John.

Have an outstanding weekend.

We expect a cold front and rainy weather in Maryland this afternoon.

Oct 16, 2021 04:34 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning John. The public needs more information about avoiding foreclosure so these numbers drop. With inflation meandering out of control, opportunities are plentiful. Enjoy your day.

Oct 16, 2021 05:23 AM
John Pusa
Glendale, CA

Good morning Grant Schneider you are right, it is quite a spite in foreclosures, and we seeing be seeing more with the end of the government holds. Thanks for the comment.

Oct 16, 2021 09:28 AM
John Pusa
Glendale, CA

Hello Mark Don McInnes, Sandpoint-Idaho you are welcome, and glad you find the report interesting. We should not be surprised with these numbers, it is expected. Thanks for the comment.

Oct 16, 2021 09:30 AM
John Pusa
Glendale, CA

Good Saturday morning Roy Kelley Have an outstanding weekend to you too. Please try to stay indoor and keep warm. Thanks for the comment.

Oct 16, 2021 09:32 AM
John Pusa
Glendale, CA

Good morning Wayne Martin very true, the public needs more information about avoid foreclosures. However, property owners running out of options. Yes, with inflation meandering out of control, opportunities are plentiful. Enjoy your day too. Thanks for the comment.

Oct 16, 2021 09:37 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

With appreciation rates in excess of 20% this last year, I wonder why anyone would ever lose their home to foreclosure.

Oct 17, 2021 04:22 PM
John Pusa
Glendale, CA

Hello Rocky Dickerson you are right, will be difficult for homeowners lose homes into foreclosures with appreciation rates over 20% from last year. Thanks for the comment.

Oct 17, 2021 08:25 PM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and make it a wonderful  day!

Oct 20, 2021 07:44 AM
John Pusa
Glendale, CA

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very informative. Have a wonderful day too! Thanks for the comment.

Oct 20, 2021 02:43 PM
Back to Top

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?