Lenders repossess 43 Tri-Cities properties in January


Tri-Cities foreclosures were down in January compared to last year and down from December filings.

According to Attom Data Solutions January Foreclosure Activity Report, there were 65 foreclosures in the five local counties monitored by the report. Sullivan County saw the most notices of trustee sales and repossessions (REO)  as it did January last year and in December.

Here’s how January’s total foreclosure activity looked compared to January last year.

Carter – 7, down 1.

Unicoi – 2, down 3.

Washington – 23, down 1.

Hawkins – 3, down 8.

Sullivan 30, down 2.

Here’s how January’s new filings looked broken down by filing type:

Carter – Notice of trustee sale 3, REOs 4.

Unicoi – Notice of trustee sale 1, REO 1.

Washington – Notice of trustee sale 7, REO 16.

Hawkins – Notice of trustee sale 1, REO 2.

Sullivan – Notice of trustee sale 10, REO 20.

Nationwide foreclosure activity in January decreased on a year-over-year basis for the 28th consecutive month. Lenders repossessed through foreclosure 26,597 properties, up 6% from December but 17% below the January 2016 total.

Comments

  1. Put them on the internet for sale

Trackbacks

  1. […] with an ATTOM report that showed a spike in the notice of trustee sales replacing an increase in home repossessions in the Tri-Cities region this year. The Northeast Tennessee Association of Realtors Trends Report […]

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