Home foreclosures are soaring in Biden’s failing America, but there are five states where the pain is the worst. The question is, are you living in one of these states. The rate rose again in Feb. as the cost of living also continues to soar.
Per Fox Business Network:
That is according to a new report published by real estate data provider ATTOM, which found that there were 32,938 properties in February with foreclosure filings, which includes default notices, scheduled auctions and bank repossessions. That marks an 8% increase from the prior year, although it is down 1% from the previous month.
“The annual uptick in U.S. foreclosure activity hints at shifting dynamics within the housing market,” said ATTOM CEO Rob Barber. “These trends could signify evolving financial landscapes for homeowners, prompting adjustments in market strategies and lending practices.”
Five states in particular have seen those rates rise. Check out if you live there?
South Carolina foreclosures surged 51%
Missouri 50%
Pennsylvania a 46% increase
Texas rose 7%,
Indiana they climbed 0.8%.
Not every state saw the numbers go up, though. Those in which they fell include: Georgia where they fell 52 percent, and New York where the number went down by 41 percent.
Still, the nation is suffering in other ways.
As we reported here at The Lid last week, basic necessities are costing Americans more than ever, destroying Americans’ purchasing power and hurting their credit and retirement plans.
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