Florida had the most foreclosures in May with 2,901 home confiscations
Inflation figures and rising interest rates are blamed for cost of living squeeze for Americans
Home foreclosures across the country were up 7 percent last month, and up 14 percent from a year ago as the cost of living continues to bite.
Foreclosure-related filings, including default notices scheduled auctions and bank repossessions, surged to 35,196 properties according to new data from ATTOM.
Florida had the most foreclosures in May with 2,901 home foreclosures started.