Foreclosure Market Report 2nd Quarter 2018

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On July 12, 2018, Attom Data solutions reported that nationwide there were there were 188,843 had foreclosures filings in the 2nd quarter of 2018, lower 1.0% from 1st quarter of 2018, and dropped 14.0% from 2nd quarter of 2017.

An average it took 720 days to complete a foreclosure process in the 2nd quarter of 2018, declined from 791 days in the 1st quarter of 2018, and declined from 883 days in the 2nd quarter of 2017.

Daren Blomquist, senior vice president with ATTOM Data Solutions, stated “Instead these local foreclosure increases are typically the result of more recent distress triggers in those markets."

For complete more detailed information about Attom Data solutions nationwide foreclosure market report in 2nd quarter of 2018, please click HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

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Rainmaker
4,301,520
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Jul 16, 2018 03:52 AM #1
Rainmaker
4,617,375
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning John.  Thanks for keeping us informed about the foreclosure market report for the 2nd quarter of 2018.

Jul 16, 2018 05:39 AM #2
Rainmaker
3,816,799
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

John, interesting post, and it has been a very long time since we saw any foreclosure listings.   They keep talking shadow inventory.....

Jul 16, 2018 06:14 AM #3
Rainmaker
2,538,621
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Gita Bantwal  glad you find the report very useful. Thanks for the comment.

Jul 16, 2018 04:09 PM #4
Rainmaker
2,538,621
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Gabe Sanders you are welcome, and glad you find the foreclosure report very helpful. Thanks for the comment.

Jul 16, 2018 04:10 PM #5
Rainmaker
2,538,621
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Joan Cox you are right, it is an interesting foreclosure report. Thanks for the comment.

Jul 16, 2018 04:12 PM #6
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Rainmaker
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John Pusa

Your All Time Realtor With Exceptional Service
I will be very happy to assist you with your real estate needs.
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