Foreclosures surged 21% in the first half of 2026, new data shows
Summary
Foreclosures in the U.S. rose by 21% in the first half of 2026 compared to last year, showing more homeowners are facing money problems. Some states like Idaho, Colorado, and Georgia saw the biggest increases, while Florida had the most foreclosures overall.Key Facts
- There were nearly 228,000 foreclosure filings from January to June 2026.
- Foreclosure filings increased 21% from 2025 and 28% from 2024.
- Foreclosures happen when homeowners miss mortgage payments, often due to job loss or other financial troubles.
- Idaho saw a 59% increase in foreclosures; Colorado 57%; Georgia 52%.
- Florida had the highest rate of foreclosures, with one in every 2,106 homes affected in June.
- Foreclosure rates are returning to the levels seen before the pandemic in 2019.
- Short sales, where homes sell for less than what is owed to avoid foreclosure, rose 16% in early 2026.
- Rising foreclosures and short sales indicate increasing financial pressure on homeowners.
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