According to ATTOM’s newly released Q1 and March 2025 U.S. Foreclosure Market Report, there were a total of 35,890 U.S. properties with foreclosure filings in March 2025. That figure was up 11 percent from February 2025 and up 9 percent from March 2024.
The foreclosure market report also shows that 93,953 U.S. properties had a foreclosure filing during the first quarter of 2025 — an 11 percent increase from the previous quarter but a 2 percent decrease compared to a year ago.
The analysis stated that nationwide, one in every 1,515 housing units had a foreclosure filing in Q1 2025. The states with the highest foreclosure rates were Delaware (one in every 761 housing units), Illinois (one in 857), Nevada (one in 874), Indiana (one in 976), and South Carolina (one in 1,021).
The report found that in Q1 2025, foreclosure starts were initiated on 68,794 U.S. properties — a 14 percent increase from the previous quarter and a 2 percent rise year-over-year. Among metro areas with a population of 200,000 or more, those with the highest number of foreclosure starts in Q1 2025 were Chicago, IL (3,789 foreclosure starts), New York, NY (3,566), Houston, TX (3,046), Miami, FL (2,028), and Philadelphia, PA (1,985).
ATTOM’s latest foreclosure activity analysis found that In March 2025, one in every 3,965 properties across the U.S. had a foreclosure filing. The report noted that in March 2025 the States with the highest foreclosure rates were Delaware (one in every 2,256 housing units with a foreclosure filing); Nevada (one in every 2,274 housing units); Illinois (one in every 2,484 housing units); Indiana (one in every 2,505 housing units); and Connecticut (one in every 2,616 housing units).
Also according to the report, in March 2025, foreclosure starts were reported on 25,070 U.S. properties — a 10 percent increase from the prior month and 8 percent higher than March 2024. Lenders completed foreclosures on 3,687 properties during the month, marking a 22 percent rise from February and a 37 percent jump compared to a year ago.
In this post, we dive deep into the data behind ATTOM’s Q1 and March 2025 foreclosure report to uncover the top 10 U.S. larger metro areas with the greatest number of foreclosure starts in March 2025. Those metros with populations over 200,000 included: Chicago-Naperville-Elgin, IL-IN-WI (1,254 foreclosure starts); New York-Newark-Jersey City, NY-NJ-PA (1,202 foreclosure starts); Houston-The Woodlands-Sugar Land, TX (1,064 foreclosure starts); Miami-Fort Lauderdale-West Palm Beach, FL (805 foreclosure starts); Dallas-Fort Worth-Arlington, TX (691 foreclosure starts); Los Angeles-Long Beach-Anaheim, CA (619 foreclosure starts); Atlanta-Sandy Springs-Roswell, GA (522 foreclosure starts); Riverside-San Bernardino-Ontario, CA (499 foreclosure star02ts); Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (465 foreclosure starts); and Phoenix-Mesa-Scottsdale, AZ (463 foreclosure starts).
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Written by: Megan Hunt