The rise in foreclosure filings for August over July was more than double the historic increase between these two months, said Attom Data Solutions. “There is often a seasonal monthly increase in foreclosure activity in August paralleling the seasonal slowdown in the overall real estate market, but the 14% month-over-month increase nationwide this August is more than twice the average 6% seasonal increase in August over the previous 10 years – the highest in fact since a 37% month-over-month increase in August 2007,” said Attom Data Solutions Senior Vice President Daren Blomquist in a press release.
