When there is adversity, there is opportunity. 

An ATTOM Report painted a nuanced landscape of foreclosure activity for February 2024, noting both an uptick in foreclosure numbers in some states and decreases in others. Overall, foreclosure numbers are relatively stable.

While home values remain high, a large number of homeowners remain in good shape because they hold substantial property equity, giving them some financial cushion.

Nonetheless, there were 32,938 properties with foreclosure filings in February 2024, according to the report. Clearly, there are many households at a tipping point and we can help you discover these events when homeowners are upside down or show indications of financial hardship.

We can’t predict the future, but we can do the next best thing by furnishing a fresh, updated list that puts you in front of homeowners who need to have a heart-to-heart conversation and explore options.

Realtors offering compassionate solutions to struggling homeowners can ascertain what level of equity the homeowner has and whether a short sale may be prudent. At the same time, investors who specialize in distressed properties can find below-market deals.