Overview
- ATTOM reported 36,766 properties with foreclosure filings in October 2025, up 3% from September and 19% from a year earlier, marking an eighth consecutive year-over-year monthly gain.
- Foreclosure starts reached 25,129, rising 6% month over month and 20% year over year, while completed foreclosures increased to 3,872, up 2% on the month and 32% on the year.
- States with the highest foreclosure rates included Florida, South Carolina and Illinois, with Florida metros leading large-city rates as a temporary Hillsborough County data backlog inflated Tampa’s figures that ATTOM expects to normalize in November.
- Texas and California led in bank repossessions, followed by Florida, pointing to more distressed inventory likely hitting those markets.
- Activity remains far below crisis-era levels, with less than 0.5% of mortgages in foreclosure, although analysts warn that high housing costs and FHA delinquencies above 11% could push more loans into default next year.