US foreclosure activity continued to rise in first half of 2025, ATTOM says

Real estate data provider ATTOM on Thursday released its Mid-Year 2025 U.S. Foreclosure Market Report, which 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 period a year ago and up 1.1% from the same time period two years ago.

“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.”

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) and California (14,751 foreclosure starts).

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%) and Wyoming (up 46%).

Nationwide, 0.13% of all housing units, or one in every 758, had a foreclosure filing in the first half of 2025. In June 2025 alone, one in every 4,361 properties had a foreclosure filing nationwide.

States with the worst foreclosure rates in the first half of 2025 were Illinois (0.23% of housing units with a foreclosure filing), Delaware (0.23%) and Nevada (0.21%).

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, Fla. (0.29% of housing units with foreclosure filings); Columbia, S.C. (0.28%); and Chicago, Ill. (0.26%).

Lenders foreclosed (REO) on a total of 21,007 U.S. properties in the first six months of 2025, up 12% from the first half of 2024 but down 7% from the first half of 2023.

Texas saw the greatest number of REOs at 2,207 and was followed by California (1,799 REOs); and Pennsylvania (1,461 REOs).

Q2 2025 Data

There were a total of 100,687 U.S. properties with a foreclosure filing during Q2 2025, up 7% from the previous quarter and up 13% from a year ago. One in every 1,413 housing units had a foreclosure filing in Q2 2025.

States with the worst foreclosure rates were South Carolina (one in every 874 housing units with a foreclosure filing), Illinois(one in every 877 housing units) and Florida (one in every 881 housing units).

In June 2025, 21,782 U.S. properties started the foreclosure process, down 10% from May 2025 but up 17% annually. 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.