{"id":5611,"date":"2024-09-25T09:37:49","date_gmt":"2024-09-25T09:37:49","guid":{"rendered":"https:\/\/www.foreclosurelistings.com\/news\/?p=5611"},"modified":"2024-09-25T09:37:49","modified_gmt":"2024-09-25T09:37:49","slug":"foreclosures-in-tulsa-oklahoma-increase-by-7-percent","status":"publish","type":"post","link":"https:\/\/www.foreclosurelistings.com\/news\/foreclosure-market\/foreclosures-in-tulsa-oklahoma-increase-by-7-percent","title":{"rendered":"Foreclosures in Tulsa, Oklahoma Increase by 7 Percent"},"content":{"rendered":"<p><span style=\"font-weight: 400\">According to Attom&#8217;s Mid-2024 Report on the U.S. Foreclosure Market, over 185,000 properties faced foreclosure filings. This represents a 13% increase compared to the previous year. Foreclosure filings can include notices of default, scheduled auctions, or bank repossessions.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As national rates rise, in Oklahoma, 1 in every 766 households is experiencing foreclosure, placing the state 15th in the country for homes that could soon be affected. A significant number of these are in the city of Tulsa. This new data reveals a 7% increase in foreclosures across the state of Oklahoma in 2024 compared to the previous year.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Speaking about the national data, the states with the largest increase in foreclosure rates are Maryland, Oregon, Alaska, West Virginia, and Arkansas. This contrasts with data from the COVID-19 era when foreclosures were uncommon due to low interest rates and the mortgage protections put in place during the pandemic.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Some experts expect foreclosures to continue rising. Among them is Rob Barber, CEO of ATTOM, who said, &#8220;Just like in the first half of 2023, U.S. foreclosure activity continued its upward trend, approaching pre-pandemic levels.&#8221; &#8220;While overall foreclosure activity is still below historical averages, the significant increase in foreclosure starts suggests that we could see a substantial rise in foreclosures in the future.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400\">The market report also indicates that completed foreclosure processes by lenders in the month of June totaled 3,215 properties, a 20% drop compared to May figures.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Available Foreclosures:<\/span><\/p>\n<p><span style=\"font-weight: 400\">Oklahoma: 1 home available .<\/span><\/p>\n<p style=\"text-align: right\">By Elias DaSilva | September 25, 2024<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Attom&#8217;s Mid-2024 Report on the U.S. Foreclosure Market, over 185,000 properties faced foreclosure filings. This represents a 13% increase compared to the previous year. Foreclosure filings can include notices of default, scheduled auctions, or bank repossessions. As national rates rise, in Oklahoma, 1 in every 766 households is experiencing foreclosure, placing the state [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":5612,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1,238,151,299],"tags":[],"_links":{"self":[{"href":"https:\/\/www.foreclosurelistings.com\/news\/wp-json\/wp\/v2\/posts\/5611"}],"collection":[{"href":"https:\/\/www.foreclosurelistings.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.foreclosurelistings.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.foreclosurelistings.com\/news\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.foreclosurelistings.com\/news\/wp-json\/wp\/v2\/comments?post=5611"}],"version-history":[{"count":1,"href":"https:\/\/www.foreclosurelistings.com\/news\/wp-json\/wp\/v2\/posts\/5611\/revisions"}],"predecessor-version":[{"id":5613,"href":"https:\/\/www.foreclosurelistings.com\/news\/wp-json\/wp\/v2\/posts\/5611\/revisions\/5613"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.foreclosurelistings.com\/news\/wp-json\/wp\/v2\/media\/5612"}],"wp:attachment":[{"href":"https:\/\/www.foreclosurelistings.com\/news\/wp-json\/wp\/v2\/media?parent=5611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foreclosurelistings.com\/news\/wp-json\/wp\/v2\/categories?post=5611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foreclosurelistings.com\/news\/wp-json\/wp\/v2\/tags?post=5611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}