After fears that an end to the pandemic-induced moratorium on foreclosures would lead to a wave of homelessness, 2021 had the fewest foreclosures on record, and experts are saying they aren’t likely to rise much this year.
The trend is contributing to the already tight U.S. housing inventory and putting more pressure on prices.
There were foreclosure filings on 151,153 properties nationwide in 2021, a 29% drop from 2020, according to a study by foreclosure analysts Attom.
