Nonfarm Real Estate Foreclosures for United States
M09075USM476NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,178.00
Year-over-Year Change
9.90%
Date Range
1/1/1934 - 3/1/1963
Summary
The Nonfarm Real Estate Foreclosures for United States measures the number of foreclosure actions initiated on non-agricultural real estate properties in the U.S. This trend is an important indicator of economic and housing market health.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series tracks the monthly volume of foreclosure starts on non-farm residential and commercial real estate properties across the United States. It provides insight into the financial distress faced by property owners and the stability of the broader real estate market.
Methodology
The data is collected and reported by the Mortgage Bankers Association based on surveys of mortgage servicers.
Historical Context
Foreclosure trends are closely monitored by policymakers, lenders, and market analysts to assess credit conditions and potential risks to the housing sector.
Key Facts
- Foreclosure starts peaked during the 2008 financial crisis.
- Foreclosure activity varies regionally based on local housing dynamics.
- Foreclosures can negatively impact nearby home values and community stability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of foreclosure actions initiated on non-agricultural real estate properties in the United States.
Q: Why is this trend relevant for users or analysts?
A: Foreclosure trends provide important insights into the financial health of property owners and the stability of the broader real estate market, which is closely monitored by policymakers, lenders, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Mortgage Bankers Association based on surveys of mortgage servicers.
Q: How is this trend used in economic policy?
A: Foreclosure trends are used by policymakers to assess credit conditions and potential risks to the housing sector, informing decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is reported monthly, but there may be lags in reporting and potential limitations in survey coverage.
Related Trends
Changes in Accounts Receivable, Large Manufacturing Corporations for United States
A0955AUSA144NNBR
Liabilities of Suspended Banks for United States
Q09065USQ144NNBR
Quick Ratio, Nonfinancial Corporations for United States
Q0982AUSQ156NNBR
Number of Business Failures with Liabilities of One Hundred Thousand Dollars and Over for the United States
M09077USM234NNBR
Net Income, Medium-Sized and Small Manufacturing Corporations for United States
A09058USA174NNBR
Automobile Direct Loans, Delinquent 30 Days and Over as Percentage of Number Outstanding for United States
M09086USM156NNBR
Citation
U.S. Federal Reserve, Nonfarm Real Estate Foreclosures for United States (M09075USM476NNBR), retrieved from FRED.