Foreclosure Activity Rises for Sixth Straight Month

Foreclosure Starts Increase 17% from Last Year 

by ATTOM Team

ATTOM released its August 2025 U.S. Foreclosure Market Report, which shows there were a total of 35,697 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — down 1% from a month ago but up 18% from a year ago.

“August marked the sixth consecutive month of year-over-year increases in U.S. foreclosure activity and the third straight month with double-digit annual growth,” said Rob Barber, CEO at ATTOM. “While overall levels remain below those seen before the pandemic, the ongoing rise in both foreclosure starts and completions suggests that some homeowners may be experiencing added financial strain in the current high-cost and high-interest-rate environment.”

The Worst Foreclosure Rates Were in Nevada, South Carolina, and Florida

Nationwide, one in every 3,987 housing units had a foreclosure filing in August 2025. States with the worst foreclosure rates were:

 »             Nevada (one in every 2,069 housing units with a foreclosure filing)

 »             South Carolina (one in every 2,152 housing units)

 »             Florida (one in every 2,512 housing units)

Among the 225 metropolitan statistical areas with a population of at least 200,000, those with the worst foreclosure rates in August 2025 were:

 »             Lakeland, FL (one in every 1,212 housing units with a foreclosure filing)

 »             Columbia, SC (one in every 1,347 housing units)

 »             Chico, CA (one in every 1,545 housing units)

 »             Cleveland, OH (one in every 1,755 housing units)

 »             Ocala, FL (one in every 1,816 housing units)

Those major metropolitan areas with a population greater than 1 million with the worst foreclosure rates in August 2025 besides Cleveland were:

 »             Las Vegas, NV (one in every 1,817 housing units)

 »             Jacksonville, FL (one in every 2,057 housing units)

 »             Houston, TX (one in every 2,195 housing units)

 »             Orlando, FL (one in every 2,210 housing units)

Texas, Florida, and California Led the Nation in Foreclosure Starts

Lenders started the foreclosure process on 24,254 U.S. properties in August 2025, down slightly at 0.2% from last month but up 16.9% from a year ago.

States that had the greatest number of foreclosure starts in August 2025 included:

 »             Texas (2,982 foreclosure starts)

 »             Florida (2,803 foreclosure starts)

 »             California (2,558 foreclosure starts)

 »             New York (1,207 foreclosure starts)

 »             Illinois (1,170 foreclosure starts)

Those major metropolitan areas with a population greater than 1 million that had the greatest number of foreclosure starts in August 2025 included:

 »             New York, NY (1,431 foreclosure starts)

 »             Houston, TX (1,178 foreclosure starts)

 »             Chicago, IL (1,009 foreclosure starts)

 »             Los Angeles, CA (862 foreclosure starts)

 »             Miami, FL (748 foreclosure starts).

Foreclosure Completions Up From Same Time Last Year

Lenders repossessed 4,077 U.S. properties through completed foreclosures (REOs) in August 2025, an increase of 5% from last month and an increase of 41% from last year.

States that had the greatest number of REOs in August 2025, included:

 »             Texas (476 REOs)

 »             California (343 REOs)

 »             New York (319 REOs)

 »             Florida (276 REOs)

 »             Illinois (232 REOs)