A total of 40,534 residential properties had foreclosure filings during January, down 10% from the prior month but up 32% from one year earlier. According to new data from ATTOM, January marked the eleventh straight month where foreclosure activity was on the rise.
Across the nation, one in every 3,547 housing units had a foreclosure filing in January. The states with the worst foreclosure rates were Delaware (one in every 1,612 housing units with a foreclosure filing); Nevada (one in every 1,983 housing units); Florida (one in every 2,067 housing units); South Carolina (on in every 2,351 housing units); and Maryland (one in every 2,430 housing units).
Lenders started the foreclosure process on 26,369 residential properties in January, down 7% from the previous month but up 26% from one year ago. Lenders repossessed 4,714 residential properties through completed foreclosures (REOs) last month, a decrease of 21% from December but a 59% increase from January 2025.
Rob Barber, CEO at ATTOM, observed, “Although foreclosure activity has been rising steadily, overall levels remain well below historic peaks, suggesting that most homeowners are still on stable footing even as higher housing costs and broader economic pressures create stress in certain pockets of the market.”
