According to ATTOM Data Systems, the housing market is experiencing historically low foreclosure activity. Foreclosure activity nationwide was -18% lower than it was one year ago and -82% lower than the peak of foreclosure activity during the first six months of 2010.
That being said, there are still places throughout the country where foreclosure activity is rising. 16% of all counties with populations of 100,000 or more are, in fact, seeing y/y increases
Here are the top 10 places seeing the greatest year/year increases in foreclosure activity:
- Missoula MT – +67%
- Osceola FL – +63%
- Harrison MS – +61%
- Chittenden VT – +58%
- Jackson MS – +50%
- Erie NY – +49%
- Honolulu HW – +45%
- Rapides LS – +45%
- Greene MO – +43%
- East Baton Rouge LA – +42%
Here are the top 10 counties in the country with populations of +100,000 with the highest rates of foreclosures:
- Cumberland County NJ – 1.44%
- Warren County NJ – 1.06%
- Sussex County NJ – 0.95%
- Gloucester County NJ – 0.93%
- Atlantic County NC – 0.92%
- Camden County NJ – 0.88%
- Burlington County NJ – 0.81%
- Prince George County MD – 0.77%
- Charles County MD – 0.75%
- Ocean County MD – 0.75%
Notice any patterns here?
