LegalShield® Housing Data Points to a Fracturing Market: Foreclosure Pressure Surging in the South, Recovery Taking Hold in the West
Drawn from 36 million consumer legal intakes, new LegalShield data reveals sharply diverging regional housing markets
South foreclosure activity up 46.4% YoY at its highest since 2019; Midwest leads the nation in foreclosure inquiries; Northeast remains the most frozen market
West stands alone as the only U.S. region above pre-pandemic norms across all three housing indices
The U.S. housing market is splitting in two and geography is the fault line. New LegalShield data, drawn from 36 million consumer legal intakes, shows foreclosure pressure in the South at its highest point since 2019, even as Western markets stand as the only region running above pre-pandemic norms.
