According to ATTOM Data’s Year-End 2025 U.S. Foreclosure Market Report, there were 367,460 U.S. properties with foreclosure filings (default notices, scheduled auctions or bank repossessions) – representing 0.26% of all U.S. housing units, up 14% from 2024 and up 3% from 2023. In addition, new data for December 2025, showed there were 44,990 U.S. properties with foreclosure filings, up 26% from the previous month and up 57% from a year ago.
As for REOs; ATTOM says lenders repossessed 46,439 properties through foreclosures (REO) in 2025, up 27% from 2024 but down 68% from 143,955 in 2019, the last full year before pandemic-related declines, and down 96 percent from a peak of 1,050,500 in 2010. States that saw the greatest number of REOs in 2025 included Texas (5,147); California (4,030); Pennsylvania (2,975); Florida (2,869); and Illinois (2,768).
“Foreclosure activity increased in 2025, reflecting a continued normalization of the housing market following several years of historically low levels… 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.” Said Rob Barber, CEO at ATTOM.
Click here to read the full report at ATTOM.
