Foreclosure filings were reported on 367,460 residential properties in 2025, according to data from ATTOM. This marked a 14% increase from 2024 and a 3% uptick from 2023, but it was also down by 25% from pre-pandemic 2019
The 367,460 properties with foreclosure filings in 2025 represented 0.26% of all housing units, up slightly from 0.23% in 2024 and down from 0.36% in 2019.
Lenders started the foreclosure process on 289,441 properties in 2025, up 14% year-over-year. The states that saw the greatest number of foreclosure starts in 2025 included Texas (37,215 foreclosure starts); Florida (34,336 foreclosure starts); California (29,777 foreclosure starts); Illinois (15,010 foreclosure starts); and New York (13,664 foreclosure starts).
Lenders repossessed 46,439 properties through foreclosures (REO) in 2025, up 27% from 2024. The states that saw the greatest number of REOs in 2025 included Texas (5,147 REOs); California (4,030 REOs); Pennsylvania (2,975 REOs); Florida (2,869 REOs); and Illinois (2,768 REOs).
“Foreclosure activity increased in 2025, reflecting a continued normalization of the housing market following several years of historically low levels,” said Rob Barber, CEO at ATTOM. “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 also reported there were 44,990 properties with foreclosure filings in December, up 26% from the previous month and up 57% percent from one year ago. For the fourth quarter of 2025, there was a total of 111,692 properties with foreclosure filings, up 10% from the previous quarter and up 32% year-over-year.
