Home foreclosures down 5% in 2022

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Number attachment about habitual residences In 2022 it amounted to 11,556, a figure 5% less than 2021According to foreclosure statistics released this Monday by the National Institute of Statistics (INE).

Along with this decline, the liens on habitual residences also put an end to it. double-digit increases two years in a row After increases of 60.3% and 41.6% in 2021 and 2020, respectively.

However, this is the second consecutive year of liens on habitual residences. Over 11,500. They didn’t even reach 8,000 in the previous three years.

In the fourth quarter of 2022, 3,049 habitual dwellings were registered, 50.8% more than in the previous quarter, but 7.9% less than in the fourth quarter of 2021.

The main purpose of this INE statistic is to present, on a quarterly basis, the number of lien certificates initiated during the reference quarter and recorded in the Property Registers. Statistics remember this Not all liens end in lien (evacuation) from their owners.

25,551 executions in 2022

25,551 foreclosures were initiated in 2022, 22.3% less than 2021. Of these, 24,288 (including homes) affected urban farms and 1,263 rustic farms.

Foreclosures on urban properties decreased by 22.2% compared to 2021. Among urban properties, 16,851 foreclosures accounted for 18.6% fewer residences than in 2021, with 14,148 foreclosures on private homes, a 6.5% lower figure. 2021.

Last year, liens on residences belonging to legal persons decreased by 51.3 percent to 2 thousand 703, while liens on land decreased by 33 percent and became 640.

Likewise, foreclosures in buildings, garages, offices, warehouses, warehouses, residential buildings, other buildings and urban developments totaled 6,797 in 2022, 28.9% less than in 2021.

Foreclosures on used homes fell 18.3%

Total liens on homes registered last year, 14,887 used homes affected, down 18.3% year-on-year. For their part, foreclosures on new residences fell by 20.6% to a total of 1,964.

It is also included in the statistics that 15.9 percent of the foreclosures opened in 2022 correspond to the mortgages established in 2007, 14.9 percent in 2006, and 10.4 percent in 2005.

In the period between 2005-2008, 50.1% of the foreclosures that started in 2022 intensified.

Andalusia leads home executions

by autonomous communities, Andalusia pioneered home executions last year., with a total of 4,362, followed by the Community of Valencia (3,344) and Catalonia (3,136). On the opposite side were Navarra (83), La Rioja (109) and Cantabria (124).

Regarding the total number of properties, Andalusia, the Commonwealth of Valencia and Catalonia also led the foreclosures with 5,916; Navarra (152) recorded the lowest numbers with 4,943 and 4,749, respectively, compared to Cantabria (210) and Basque Country (286).

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