Summary
In 2025, foreclosure activity in the U.S. has increased, with 36,766 properties facing foreclosure filings in October. This marks a rise both month-over-month and year-over-year, although levels are not as high as during past housing crises. Experts suggest the situation reflects changes in market conditions but do not see it as an alarming upward trend yet.
Key Facts
- In October 2025, 36,766 U.S. properties saw foreclosure filings, a 3% rise from September and a 19% increase from the previous year.
- This represents the eighth straight month of annual increases in foreclosure filings.
- Foreclosure starts rose by 6% from the previous month and were up 20% compared to 2024.
- States with the highest foreclosure rates include Florida, South Carolina, Delaware, and Nevada.
- Despite increases, current foreclosure levels are lower than those during the housing crisis.
- Experts note foreclosures remain low partly due to homeowners having low-interest mortgage rates.
- The market's normalization reflects higher housing and borrowing costs, but experts do not anticipate a severe crisis like the past.
- Economic factors such as household debt and rising car repossessions indicate broader financial stress.
