Home foreclosures jumped 13% in the first half of 2023 to the highest level since before the pandemic

• Foreclosures jumped 13% year-over-year in the first half of 2023, real estate data firm ATTOM reported. 
• Foreclosures are ticking higher after being paused for much of the pandemic. 
• However, foreclosure activity in the second quarter was still 65% below pre-recessionary averages.

Home foreclosure filings have been ticking up steadily this year, with the first half of 2023 reporting a 13% jump from the same period in 2022. 

According to the real-estate data firm ATTOM, 185,580 properties held a default notice or were liable for a scheduled auction or bank repossession in the first six months of the year.