NASHVILLE, TN – Foreclosure activity in Nashville for February 2018 saw an almost 29 percent year-over-year decrease from February 2017 and saw a 41.3 percent decrease from January 2018, according to ATTOM data.
There were 38 foreclosure filings in Nashville in February 2018, according to ATTOM. Based on census bureau estimates, there are 201,807 housing units in Nashville so one in every 7,474 properties in Nashville had a foreclosure filing. Memphis had the most foreclosure filings of any city in the state with 213, or one in every 1,801 properties. But its foreclosure activity still saw a year-over-year decrease of 18.7 percent.
Foreclosure activity had an overall year-over-year decrease in the U.S. for February 2018, reaching an all-time low for as far back as ATTOM has data available, which dates back to April 2005. Tennessee overall had a year-over-year decrease in foreclosure filings.
In February 2018, there were 1,083 foreclosure filings in the state or one in every 2,968 properties had a foreclosure filing.
New Jersey had the highest foreclosure rate in the country, according to ATTOM. In February 2018, there were 4,703 foreclosure filings in that state.
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