Peaked at #1 Now #2
US Foreclosures Rise 42% Year-Over-Year
ATTOM data shows lenders repossessed 5,794 homes in August, up 42% YoY and 22% MoM.
Key points
- Lenders repossessed 5,794 homes in August, up 42% from a year ago and 22% from July, per ATTOM.
- Foreclosure filings rose 13% overall, far slower than the 42% rise in repossessions.
Key points and the reaction summary are written by AI from the posts on this page. Check the original post. How we use AI
Original post
Top replies on X
Reaction on X: Replies largely push back on the framing: one argues the 42% rise is off a very small base and offers historical monthly averages, while another says filings rising slower than repossessions shows those already behind are running out of road. Others mock the economy and recall 2007 bank bailout warnings.
Sign in to see 5 top replies from X
From @Sharkingoat, @OhioHogWatch, @realtraderjoe1 and others. Spam removed, with English and Chinese translations.
Discussion 0
Sign up Sign in to join the discussion
No comments yet. Start the conversation.