ATTOM released its Year-End 2025 U.S. Foreclosure Market Report, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 367,460 properties in 2025, up 14 percent from 2024 and up 3 percent from 2023 but down 25 percent from 2019, before pandemic-related disruptions altered housing market dynamics. Foreclosure filings in 2025 were also down 87 percent from a peak of nearly 2.9 million in 2010.
Those 367,460 properties with foreclosure filings in 2025 represented 0.26 percent of all housing units, up slightly from 0.23 percent in 2024 and down from 0.36 percent in 2019 and down from a peak of 2.23 percent in 2010.
“Foreclosure activity increased in 2025, reflecting a continued normalization of the housing market following several years of historically low levels,” Rob Barber, CEO at ATTOM, said in a release. “While filings, starts, and repossessions all rose compared to 2024, foreclosure activity remains well below pre-pandemic norms and a fraction of what we saw during the last housing crisis. The data suggests that today’s uptick is being driven more by market recalibration than widespread homeowner distress, with strong equity positions and more disciplined lending continuing to limit risk.”
ATTOM’s year-end foreclosure report provides a count of properties with a foreclosure filing during the year based on publicly recorded and published foreclosure filings collected in more than 3,000 counties nationwide, accounting for more than 99 percent of the U.S. population – also available for licensing or customized reporting.
The report also includes new data for December 2025, showing there were 44,990 U.S. properties with foreclosure filings, up 26 percent from the previous month and up 57 percent from a year ago.
Lenders started the foreclosure process on 289,441 properties in 2025, up 14 percent from 2024, up 213 percent from the pandemic-era low in 2021, but down 14 percent form 2019 and down 86 percent from a peak of 2,139,005 in 2009.
States that saw the greatest number of foreclosure starts in 2025 included Texas (37,215 foreclosure starts); Florida (34,336); California (29,777); Illinois (15,010); and New York (13,664).
Those metropolitan statistical areas with a population greater than 1 million that saw the greatest number of foreclosure starts in 2025 included New York (14,189 foreclosure starts); Chicago (13,312); Houston (13,009); Miami (8,936); and Los Angeles, (8,503).
Lenders repossessed 46,439 properties through foreclosures (REO) in 2025, up 27 percent from 2024 but down 68 percent from 143,955 in 2019, the last full year before pandemic-related declines, and down 96 percent from a peak of 1,050,500 in 2010.
States that saw the greatest number of REOs in 2025 included Texas (5,147 REOs); California (4,030); Pennsylvania (2,975); Florida (2,869); and Illinois (2,768).
Those metropolitan statistical areas with a population greater than 1 million that saw the greatest number of REOs in 2025 included Chicago (2,033 REOs); New York (1,462); Houston (1,381); Detroit (1,105); and Philadelphia (1,100).
States with the worst foreclosure rates in 2025 were Florida (one in every 230 housing units with a foreclosure filing); Delaware (one in every 240); South Carolina (one in every 242); Illinois (one in every 248); and Nevada (one in every 248).
Rounding out the top 10 states with the worst foreclosure rates in 2025, were New Jersey (one in every 273 housing units); Indiana (one in every 302); Ohio (one in every 307); Texas (one in every 319); and Maryland (one in every 326).
Among 225 metropolitan statistical areas with a population of at least 200,000, those with the worst foreclosure rates in 2025 were Lakeland, Fla. ( one in every 145 housing units with a foreclosure filing); Columbia, S.C. (one in every 165); Cleveland (one in every 187); Cape Coral, Fla. (one in every 189); and Atlantic City, N.J. (one in every 192).
Metro areas with a population greater than 1 million, including Cleveland, that had the worst foreclosure rates in 2025 were: Jacksonville, Fla. (one in every 200 housing units); Las Vegas, Nev. (one in every 210); Chicago, IL (one in every 214); and Orlando, FL (one in every 217).
Properties foreclosed in the fourth quarter of 2025 had been in the foreclosure process an average of 592 days, a 3 percent decrease from the previous quarter and a 22 percent decrease from a year ago.
States with the longest average time to foreclose in Q4 2025 were Louisiana (3,461 days); New York (1,998); Hawaii (1,760); Connecticut (1,600); and Kansas (1,594).