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2008 recession

Home foreclosure activity spiked in May, but it's not a crisis — at least, not yet

by Mitchell Hartman
Jun 12, 2023
It may be down to layoffs. It may also be down to house-flippers.
Foreclosure activity in May was up 7% from April and 14% over a year ago, according to ​ATTOM Data Solutions.
John Moore/Getty Images
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