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Thursday, February 29, 2024

Commercial Foreclosures Increase 97 Percent from Last Year to Near Decade-High

Commercial real estate foreclosures increased 97 percent in January 2024 compared to last year, reaching a high that has not been seen in nearly a decade, according to new data.

With 635 commercial foreclosures in January 2024, foreclosures increased 17 percent from December 2023 and 97 percent from January 2023, according to a report last week from property data analyst ATTOM.

3 comments:

  1. It couldn't be Bidenomics and the aftermath of the Medpanic, nope, couldn't be that.

    ReplyDelete
  2. A sign of the times and not a good sign either

    ReplyDelete
  3. This one has been coming for a long time. It will hurt.

    ReplyDelete

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