10,289 U.S. properties started the foreclosure process in September 2021, up 23 percent from the previous month and up 106 percent from a year ago. Lenders completed the foreclosure process on 2,682 U.S. properties in September 2021, up 8 percent from the previous month and up 33 percent from a year ago.

Will there be a wave of foreclosures in 2021?

Will there be a wave of foreclosures now that foreclosure moratoriums have been lifted? Experts say probably not -- but there may be a steady uptick in activity as we close out the year. ... Due to these protections, the “wave” of foreclosures that many previously predicted may be more of a reliable flow.

How long before a foreclosure goes up for sale?

Depending on the state, the home foreclosure process takes anywhere from about four months to several years. When a mortgage lender finally forecloses a home, it repossesses it and then sells it, either at an auction sale or directly to a buyer.