Attom: Foreclosure filings expected to reach pre-pandemic levels later this year - San Francisco Business Times

That's according to Irvine, California-based Attom Data Solutions LLC, which collected data from more than 3,000 counties nationally for its analysis. Foreclosure filings include default notices, scheduled auctions and bank repossessions.

"It does suggest, because there’s so much equity that homeowners have access to, we’re seeing people more successfully avoiding that final foreclosure action on their property, whether by selling it at a profit or because their temporary job situation has improved or they’ve refinanced into a new loan," Sharga said.

He said the X factor will be whether the U.S. economy enters a recession this year, which many economists are predicting.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pac-12 relocating production studio from San Francisco to San Ramon - San Francisco Business TimesIt's part of a new approach the athletic conference announced in 2022.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Tuesday Digest: Supes elect new president; Capella fuels up on funding - San Francisco Business TimesMeanwhile, a Utah-based group has acquired a Concord nursing home that was the subject of a federal investigation.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Coinbase, Scale AI make deep staff cuts - San Francisco Business TimesTwo more San Francisco tech firms — one publicly traded and the other a unicorn — each slashed 20% of their workforce on Tuesday bayarea layoffs
Source: SFBusinessTimes - 🏆 78. / 68 Read more »