By DON FENLEY

Foreclosure filings in the Tri-Cities dropped sharply in April, bucking a national trend that showed year-over-year increases.

Local filings totaled 27 in April, down nearly 31% from March’s 39 and down about 7% from the 29 filings recorded in April 2025. Nationally, April foreclosure activity was moving in the opposite direction. ATTOM Data Solutions reported 42,430 properties with foreclosure filings across the U.S. last month, an 18% increase from a year earlier, even as the total dipped 8% from March.

Through the first four months of 2026, the Tri-Cities recorded 136 filings compared to 133 during the same period last year. It was a modest 2.3% increase that understates how the year started. The first quarter alone ran 56% ahead of the early 2025 pace. April’s pullback brought the cumulative trend back in line with last year’s level.

“Foreclosure activity continued its gradual trend higher in April, with both foreclosure starts and completed foreclosures posting annual gains,” said Rob Barber, CEO at ATTOM. “While overall filings declined from the previous month, the year-over-year increases suggest lenders may be working through distressed inventory as higher borrowing costs and affordability challenges impact some homeowners. Even so, foreclosure activity remains significantly below pre-pandemic levels.”

That last point holds locally as well. Despite the first-quarter surge, Tri-Cities filings remain far below the volume that was routine before the pandemic-era foreclosure moratoriums reshaped the distressed property landscape.

Categories: REAL ESTATE