A ‘Bank Foreclosure Sale’ sign is posted in front of townhomes in Los Angeles in a file photo. Kevork Djansezian/Getty Images
Foreclosure activity picked up pace in October, raising fresh concerns about stress in the U.S. housing market, new data released on Nov. 13 show.
In October, 36,766 U.S. properties were hit with foreclosure filings, a 3 percent jump from September, according to ATTOM, a property data and real estate analytics firm. This was also up 19 percent from the same time a year ago—the eighth consecutive month of year-over-year increases.
