foreclosure rate increasing or decreasing?

Attention real estate enthusiasts! The Dallas real estate market is experiencing a fascinating shift in the first half of 2023. According to research by Attom Data Solutions, there has been a 24% increase in the number of homes posted for foreclosure in the Dallas-Fort Worth area, with nearly 3,200 properties affected. However, it's important to note that this number remains about 30% below pre-pandemic levels, showcasing the market's resilience. The gradual rise in foreclosure activity across the United States suggests a potential upward trend in the coming years. Interestingly, home foreclosure filings in some Texas counties have surpassed pre-pandemic levels, indicating a unique situation. Despite these developments, the overall foreclosure activity across the nation remains below historical norms, thanks to increased equity in homeowners' properties. It's an exciting time to monitor the Dallas real estate market and witness the evolving dynamics in this vibrant region.

https://www.dallasnews.com/business/real-estate/2023/07/13/d-fw-home-foreclosures-drift-higher-from-pandemic-lows/