A total of 35,651 residential properties had foreclosure filings during November, according to data from ATTOM. This level of activity is down by 3% from October but is also up by 21% from November 2024.
Nationwide, one in every 3,992 housing units had a foreclosure filing in November. States with the worst foreclosure rates were Delaware (one in every 1,924 housing units with a foreclosure filing); South Carolina (one in every 1,973 housing units); Nevada (one in every 2,373 housing units); New Jersey (on in every 2,511 housing units); and Florida (one in every 2,565 housing units).
Lenders started the foreclosure process on 23,720 properties in November, down 6% from the prior month and up 17% from one year ago. Lenders repossessed 3,884 properties through completed foreclosures (REOs) in November, a 0.3% uptick from October and a 26% year-over-year spike.
“November marks the ninth straight month of year-over-year increases in foreclosure activity, underscoring a trend that has steadily taken shape throughout 2025,” said Rob Barber, CEO at ATTOM. “Foreclosure starts were up 17% from last year and completed foreclosures rose 26%. While these numbers show continued upward movement, overall volumes remain well below historical highs. The data suggests the market is still normalizing as some homeowners contend with higher housing costs and shifting economic pressures.”
