According to ATTOM’s Q1 2025 U.S. Foreclosure Market Report, there were a total of 93,953 U.S. properties with foreclosure filings in the first quarter. This figure is 11% higher than the previous quarter and 2% lower than one year ago. Across the country, one out of every 1,515 housing units had a foreclosure filing in the first quarter. The states with the highest foreclosure rates were Delaware (one in every 761 housing units with a foreclosure filing); Illinois (one in every 857); Nevada (one in every 874); Indiana (one in every 976); and South Carolina (one in every 1,021).
“Following three consecutive quarters of decline, foreclosure activity ticked up in the first quarter of 2025, with notable growth in both starts and completions…While levels remain below historical averages, the quarterly growth suggests that some homeowners may be starting to feel the pressure of ongoing economic challenges. However, strong home equity positions in many markets continue to help buffer against a more significant spike in distress.” Said Rob Barber, CEO of ATTOM.
Click here to read the full report at ATTOM.
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Written by: Brad Beckett