Foreclosure Starts Increase 7% in First Six Months
by ATTOM STAFF
The ATTOM Mid-Year 2025 U.S. Foreclosure Market Report shows there were a total of 187,659 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in the first six months of 2025. That figure is up 5.8% from the same time period a year ago and up 1.1% from the same time period two years ago.
High-level takeaways from the report include:
» Nationwide in June 2025, one in every 4,361 properties had a foreclosure filing.
» States with the worst foreclosure rates in June 2025 were:
» South Carolina (one in every 2,426 housing units with a foreclosure filing)
» Nevada (one in every 2,615 housing units)
» Florida (one in every 2,716 housing units)
» Illinois (one in every 2,766 housing units)
» Delaware (one in every 3,074 housing units)
» 21,782 U.S. properties started the foreclosure process in June 2025, down 10% from the previous month but up 17% from June 2024.
» Lenders completed the foreclosure process on 3,892 U.S. properties in June 2025, up 1% from the previous month and up 35% from June 2024.
“Foreclosure activity continued its upward trend in the first half of 2025, with increases in both starts and completed foreclosures compared to last year,” said Rob Barber, CEO at ATTOM. “While the overall numbers remain below pre-pandemic levels, the persistent rise suggests that some homeowners are still facing financial challenges amid today’s housing and economic landscape.”
States that saw the greatest increases in foreclosure activity compared to a year ago in the first half of 2025 included:
» Alaska (up 55%)
» Rhode Island (up 51%)
» Wyoming (up 46%)
» Utah (up 46%)
» Colorado (up 41%)
Worst metro foreclosure rates in Lakeland, Columbia, and Chicago
Among the 225 metropolitan statistical areas with a population of at least 200,000, those with the worst foreclosure rates in the first half of 2025 were:
» Lakeland, Florida (0.29% of housing units with foreclosure filings)
» Columbia, South Carolina (0.28%)
» Chicago, Illinois (0.26%)
» Ocala, Florida (0.26%)
» Jacksonville, North Carolina (0.26%)
Foreclosure starts up 7% from last year
A total of 140,006 U.S. properties started the foreclosure process in the first six months of 2025, up 7% from the first half of last year and up 41% from the first half of 2020.
States that saw the greatest number of foreclosure starts in the first half of 2025 included:
» Texas (17,680 foreclosure starts)
» Florida (15,198 foreclosure starts)
» California (14,751 foreclosure starts)
» Illinois (7,922 foreclosure starts)
» New York (6,585 foreclosure starts)
