Foreclosure Rate in Oklahoma

The U.s. Housing Market Appears to Be Coming Back

Over the past two years, the coronavirus pandemic has led to the demand of single-family homes more than ever. The increased demand, facilitated by low interest rates, as well as, supply constraints has led to soaring home prices.

As the market is slowly but surely coming back, foreclosure fillings are on the rise across the country.

Specifically in Oklahoma, foreclosures rose by 160.8%, from 813 in the first six months of 2021 to 2,210 in the first half of 2022. This leaves Oklahoma ranked as the 12th highest foreclosure rate in the nation.

Lamun Mock Cunnyngham & Davis, P.C. have dedicated staff have provided quality legal services and customer service to clients for more than a decade. Experience, knowledge of procedures and regulations, innovation and a proprietary file tracking and management system allow the firm to expedite the movement of cases through the foreclosure process to minimize losses to clients.

If you need assistance with your foreclosure legal needs, contact us today.