"Foreclosures are on the rise in the United States, indicating growing financial strain for homeowners. According to ATTOM, in August 2025, there were 35,697 properties with foreclosure filings, marking an 18% increase from the previous year. The ongoing rise in foreclosures is attributed to affordability pressures in the current high-cost and high-interest-rate environment, impacting homeowners' ability to sustain housing costs."
"Foreclosure activity in the U.S. has been increasing for six consecutive months, with a 1% decrease from July but an 18% rise from the previous August. Affordability challenges are prominent, with home prices showing a 36.1% increase in typical list prices since August 2019, pushing some homeowners into financial distress. Nevada, South Carolina, and Florida have the highest foreclosure rates in the country, with 1 in every 3,987 housing units facing foreclosure filings in August."
Foreclosure filings reached 35,697 in August 2025, an 18% increase from August 2024 and part of a six-month rising trend despite a 1% drop from July. Affordability pressures from high home prices and elevated interest rates are undermining homeowners' ability to sustain housing costs. Typical list prices have risen 36.1% since August 2019, contributing to financial distress for some owners. Nevada, South Carolina, and Florida posted the highest foreclosure rates, with one in every 3,987 housing units facing filings in August. Foreclosure starts were concentrated in Texas (2,982), Florida (2,803), and California (2,558).
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