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U.S. Foreclosures Rise for Eighth Straight Month, Led by Florida

Experts say volumes remain far below past peaks.

Overview

  • ATTOM counted 36,766 properties with foreclosure filings in October, up 3% from September and 19% from a year earlier.
  • Foreclosure starts increased 6% month over month and 20% year over year, while completed repossessions rose 32% from 2024.
  • Florida led state activity, with Tampa, Jacksonville and Orlando topping metro counts, followed by Riverside, California, and Cleveland.
  • Researchers and industry executives emphasize that current levels are not comparable to the 2008 crisis and remain historically low.
  • Analysts point to higher housing and borrowing costs and wider financial strain as pressures, with rising FHA delinquencies flagged as a risk for more cases in 2026.