According to published reports, Americans are losing their homes to forclosure a an alarming rate, and the folks out in Nevada are leading the way. People paid too much more often than not, and rising taxes and food, energy and high interest rates are all contributing factors.
In August there were a total of 35,697 properties in the US with foreclosure filings, according to a report by ATTOM. This represents a 1 percent decrease from the previous month, but an 18 percent increase compared to 2024. August was the sixth consecutive month of year-on-year increases in foreclosures and the third month straight with double-digit annual growth.
Nevada was worst affected last month, with a foreclosure filing for one in every 2,069 housing units.
The ongoing rise in both foreclosure starts and completions suggests that some homeowners may be experiencing added financial strain in the current high-cost and high-interest-rate environment.
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how many are losing thier homes via bank foreclosures or local foreclosures ie: real estate tax failure
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