Home foreclosures are soaring across the nation, especially in certain states, new data shows.
Tens of thousands of houses were facing foreclosure as of last month, according to a report from real estate data provider ATTOM.
A total of 32,938 properties across the country had foreclosure filings in February, up 8% over a year ago, although that number was down 1% from January, the report found.
Foreclosure filings can consist of default notices, scheduled auctions, or bank repossessions.
Across the country, there was one foreclosure filing for every 4,279 housing units last month.
Some states fared better than others. South Carolina had the highest foreclosure rate with one in every 2,248 housing units. Delaware was next, followed by Florida, Ohio, and Connecticut.
“The annual uptick in U.S. foreclosure activity hints at shifting dynamics within the housing market,” said Rob Barber,…
