The US housing market had a total of 39,906 residential properties with foreclosure filings during July, up 1% from the prior month and up 10% from one year ago.
According to data from ATTOM, one in every 3,603 housing units nationwide had a foreclosure filing last month. Nevada led the nation with one foreclosure filing for every 1,703 housing units, followed by South Carolina (one in every 2,085 housing units), Florida (one in every 2,232 housing units), Delaware (one in every 2,579 housing units), and Texas (one in every 2,653 housing units).
Lenders initiated the foreclosure process on 26,648 properties in July, up 2% from the previous month and up 10% from one year before. Lenders repossessed 4,764 properties through completed foreclosures (REOs), virtually unchanged from June but up 23% from July 2025.
“The increase in foreclosure starts and completed foreclosures compared to last year shows that financial pressures remain a factor for some homeowners,” said Rob Barber, CEO at ATTOM. “However, the broader context is important. Foreclosure activity remains relatively low by historical standards. While annual increases have become more common, current volumes indicate that the market remains relatively resilient overall.”
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