Openai/696570cf-d43c-8005-b4f7-5c13cd0af19b

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User: Home foreclosures rate 2025

Home foreclosures rate 2025

Assistant: Here’s the most recent picture of U.S.

Here’s the most recent picture of U.S. home foreclosure rates and trends going into and through 2025 (latest available data — actual national figures through late 2025, with trends for foreclosure activity):

📌 2025 U.S. Foreclosure Rate Summary

National Foreclosure Rate (late 2025):

• November 2025: ~1 in every 3,992 housing units had a foreclosure filing (up ~21% YoY). ATTOM
• October 2025: ~1 in every 3,871 housing units had a foreclosure filing (up ~19% YoY). ATTOM

These figures include foreclosure filings (default notices, scheduled auctions, and bank repossessions), which are a commonly used gauge of foreclosure activity nationally.

Trend Direction:

• Foreclosure activity has been trending upward throughout 2025, with multiple months showing year-over-year increases. Safeguard Properties
• Foreclosure starts (new foreclosure proceedings initiated) and completions (homes repossessed by lenders) have also been rising compared to 2024. ATTOM

🧭 2025 Foreclosure Activity Highlights

Foreclosure Filings & Starts:

• Nov 2025: ~23,720 foreclosure starts — ~17% higher than Nov 2024. ATTOM
• Oct 2025: ~25,129 foreclosure starts — ~20% higher YoY. ATTOM

Completion (REO) Activity:

• Completed foreclosures (REOs) also rose (e.g., nearly ~3,884 in Nov 2025, up ~26% YoY). ATTOM

🌍 Statewide Variations (2025)

States with higher foreclosure rates in late 2025 included:

• Delaware (~1 in every 1,924 homes)
• South Carolina (~1 in every 1,973 homes)
• Nevada (~1 in every 2,373 homes)
• New Jersey (~1 in every 2,511 homes)
• Florida (~1 in every 2,565 homes) ATTOM

(This means these states had relatively more foreclosure filings per housing unit than the national average.)

📈 How 2025 Compares Historically

• Foreclosure rates in 2025 remain elevated compared to 2024, with consistent year-over-year increases throughout the year. Safeguard Properties
• Despite the increases, foreclosure activity in 2025 is still well below levels seen during the 2008 housing crisis, and patterns vary significantly by region and economic conditions.

📊 Key Drivers of Trends in 2025

Several factors influencing foreclosure rates in 2025 include:

• Elevated mortgage rates keeping monthly payments high.
• Economic stress among some homeowners leading to more defaults.
• Rising delinquencies (early signs of payment trouble, often preceding foreclosures). Axios

If you want, I can also break down foreclosure rate forecasts for 2026 or compare foreclosure activity by metro area versus national trends. Just let me know!